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In general, a vehicle is declared a total loss when the repair cost exceeds some percentage of its actual cash value; that percentage may differ by state and is usually provided by law.
Actual cash value is measured by market value of the vehicle prior to the collision. It takes into account make, model, age, condition, equipment, mileage and related factors.
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Earn +20 ptsQ: What is considered the total loss of a car?
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