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How much damage does there have to be to classify a car as totaled?
Wiki User
∙ 8y ago
Usually over half the price of what ever the car is in blue book.
Wiki User
∙ 8y ago
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Will the lender repo a wrecked car?
Depending on the damage that the car has, it may happen if there is not much damage but if the damage out prices the worth of the car, probably not. But, you will still have to pay for the damaged car even if it is totaled.
How much is your car worth if it is totaled 2004 Chevy cavaliar with 156000 miles?
That depends on how much damage has been done to the car.
How much do repairs have to cost for the car to be considered totaled?
When the damage is more than the bluebook value.
How much do you get if your car is totaled?
You will get the book value of the car. You will get what the car was worth before the crash. Any previous damage will affect the cars value.
What makes a car totaled?
The cost of damage to the car is greater then the street value of the car.
Can a totaled car be fixed?
It depends on why it was totaled. If it's cosmetic damage that totaled the car (like a shallow sideswipe) of course. If it's structural, like frame damage, maybe. If it was in a flood, it's probably not a good idea to fix it since quirky electrical problems will haunt the car forever. If it is repaired it would still carry a totaled title but it can be qualified with the brand 'totaled/reconstructed' on the new title.
Can auto body shops fix a totaled car?
The definition of a totaled car is when the repair cost of the vehicle exceeds the actual value of the vehicle. Hence, although it is unadvisable, it is possible for an auto body shop to fix a totaled car, depending on how severe the damage was.
Can you keep your hail damage car if the value of the car is less then the hail damage?
yes, but insurance normally will just say it is totaled and write you a check for the value of a car. its cheaper
How much should the payout be for my totaled car?
That depends on what the car is and how much the insurance values it at.
What if your car is worth less than the damage?
That is the true definition of totaled ...when the repair cost is more than the car is worth
How extensive does the damage have to be to determine a car totaled?
In most cases the cost of repair for a damaged car has to be greater than 25% of the value of the car.
How does insurance decide how much your car is worth if totaled?
Insurers use the "Blue Book" value, and factor in mileage and any previous damage, etc. Just as if it were a "trade in".
