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what percentage does ins. use to determine if car is totalle

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Posted: Mon Jul 25, 2011 10:54 pm   Post subject: what percentage does ins. use to determine if car is totalle   purchased car for 37,000. car two weeks old with under 800 miles, rear ended, estimate for body work 15,000. no estimate for engine yet. car runs	judysmith180 New member Joined: 25 Jul 2011 Posts: 2 1.18 Dollars($)
Posted: Mon Jul 25, 2011 11:03 pm   Post subject: percentage ins. co. use to total a car   purchased car for 37,000. two weeks, under 800 mile, rear ended, estimate for body work 15,000. no estimate for engine yet, car runs	judysmith180 New member Joined: 25 Jul 2011 Posts: 2 1.18 Dollars($)
Posted: Mon Jul 25, 2011 11:56 pm   Post subject:    A vehicle is usually considered a total loss when the cost to repair is 80% of its value. You are well under 50% at this point. If you want it considered a total loss think about this... that vehicle you paid $37,000 for 2 weeks ago is worth about 20% less right now.	tcope Forum Expert Joined: 22 Nov 2006 Posts: 5199 Location: Salt Lake City, UT 286.08 Dollars($)

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