Re:Toyota Will Adopt Tesla-Style Cast Bodies That Might Be I...
by mlyle on Saturday October 07, 2023 @02:09PM
(#37804093)
The insurance company is always looking at:
- what it would cost them to repair it (including the risk of having to get additional work done, etc)
- what the car was worth minus what they can sell it for at auction.
If the values get close, they total the car. Then someone else buys it: maybe for parts, or maybe to repair it to a standard that the original owner wouldn't have been happy with.
- what it would cost them to repair it (including the risk of having to get additional work done, etc)
- what the car was worth minus what they can sell it for at auction.
If the values get close, they total the car. Then someone else buys it: maybe for parts, or maybe to repair it to a standard that the original owner wouldn't have been happy with.