It depends on your states definition of "total loss". For general purposes a vehicle is total lossed when the repair value exceeds a certain amount relative to the value of the car. Usually, if the repair costs exceed 75% of the fair market value of the vehicle it is usually a total loss.
Posted: Fri May 06, 2011 08:55 pm Post Subject:
It depends on your states definition of "total loss". For general purposes a vehicle is total lossed when the repair value exceeds a certain amount relative to the value of the car. Usually, if the repair costs exceed 75% of the fair market value of the vehicle it is usually a total loss.
Posted: Sun May 08, 2011 07:38 pm Post Subject:
Thanks for help.
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