- That is INSANE.
- $20k worth of repairs on a $30k car. APPROVED?!?
- Only having to pay $100 deductible is the real victory here.
- I’d sell that the second you get it repaired.
- Charge your phone.
@Hart
im still so astonished that it didnt get totaled the current value was only like 20k and im in california so it definitely shouldve been totaled with how they calculate it
NexoNomad said:
@Hart
im still so astonished that it didnt get totaled the current value was only like 20k and im in california so it definitely shouldve been totaled with how they calculate it
Yep that’s what I was thinking. With depreciation, the value of an Elantra is usually around 20k
NexoNomad said:
@Hart
im still so astonished that it didnt get totaled the current value was only like 20k and im in california so it definitely shouldve been totaled with how they calculate it
The really bad part is that I’m pretty sure that it will have a tainted title and you will never get 20k for it. Maybe I looked right at it but just didn’t see it, but what year is it, and how many miles are on it? With only $100 deductible, if you don’t mind me asking, how much do you pay for insurance?
NexoNomad said:
@Hart
im still so astonished that it didnt get totaled the current value was only like 20k and im in california so it definitely shouldve been totaled with how they calculate it
It’s probably because car prices are insane.
When I looked at your image it seemed on the verge of getting totaled.
One time, I thought I had a totaled car but because of the cost to replace it wasn’t
@Miles
it definitely should’ve been considered a total loss. I’m in California so total loss is current value - salvage value or sum and if repairs are more its totaled but the current value is only 20k
@NexoNomad
My guess is that the cost to replace is more than its supposed value.
Miles said:
@NexoNomad
My guess is that the cost to replace is more than its supposed value.
yea for total loss is repairs + salvage value and if that’s more than the current cash value its totaled. right now car is worth 18-20k and repairs alone are 20k so it definitely should be totaled
@NexoNomad
My insurance company at the time, used a different system to replace the vehicle which added about 20% value to the vehicle. They looked at cost to replace as how much area dealers were selling similar vehicles for.
My guess is that if you searched for vehicles with similar mileage in your area, you’d see why it didn’t get totaled.
@Miles
i mean in california im pretty sure they legally have to use the process i mentioned. thats why im still so shocked because its usually also considered total when repairs are more than 75% of the current value. with that said it shouldve been totaled after anything more than 15k in repairs
@NexoNomad
Probably, but legal and the right thing to do are different, hopefully that’s why.
Miles said:
@NexoNomad
My guess is that the cost to replace is more than its supposed value.
and they wouldn’t even have replaced it with the same car they would just given a check based on the current cash value so its about the same anyways
@NexoNomad
Interesting, I know it depends on the company.
@Hart
70% of 30k is 21,000 so it was certainly close.
Uhhh, how? Did the shop just give am estimate without going deep? They’ll find a ton of parts to change…
Molly12 said:
Uhhh, how? Did the shop just give am estimate without going deep? They’ll find a ton of parts to change…
Yes I’m wondering the same. Like with my company if it’s a shop we’re contracted with they can upload the estimate to us - but maybe it’s not approved to start work that high? Like maybe they sent it over to the adjuster to review to approve a total? But if it’s not, holy shit and I’m impressed.
@Jacob
from what i saw through the status updates car went to shop then shop gave estimate estimate went to adjustor and i guess they approved the cost
Molly12 said:
Uhhh, how? Did the shop just give am estimate without going deep? They’ll find a ton of parts to change…
I wonder if it’ll send up getting tossed after all the extra repairs are found. That, or it will never be properly fixed
I always thought once airbags deployed it was considered totaled.