broken axel or frame
2006-06-19 09:47:35 · 7 answers · asked by smfostersays 1 in Cars & Transportation ➔ Maintenance & Repairs
Technically, a car is totaled when the cost to repair it is higher than it's current blue book value. A broken axle usually is not enough, but a broken frame definitely is.
2006-06-19 09:51:17 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The CORRECT answer to this question is...it depends on the vehicle and its value. Traditionally, a car is considered "totaled" when the cost of repairs is equal to or greater than 50% of its current NADA value. However, if you have a collectible, special interest, or high performance car this can vary.
In your case, you said "broken axle or frame". Which is it, or is it both? A broken axle is seldom reason enough to total a car, unless replacing it exceeds the car's worth. In the case of a "broken" frame... this isn't necessarily a death sentence like it used to be. There are now sophisticated machines that can straighten bent frames and there are methods for repairing cracked welds, etc... so even with frame problems it isn't necessarily a "totaled" situation- at least not in and of itself.
If you are in doubt you can call an insurance agency and get their opinion.
Hope this helped.
2006-06-19 17:34:22 · answer #2 · answered by answerman63 5 · 0⤊ 0⤋
A car is totalled within the meaning of an insurance payout when the repair cost equals between 60% and 75% (dependant on what company it is) of the LOAN or WHOLESALE value of the car (DEALER LOW in some cases)
This standard is NOT set by NADA or KellyBB but by CCC evaluation which values cars at about 1/3 to 1/2 of their purchace value by malipulation of data systems.
2006-06-19 16:57:41 · answer #3 · answered by theleb63 3 · 0⤊ 0⤋
Insurance companies total them when the cost of repair is more than the value of the vehicle. I total them when the repair cost is more than what I deem the the car is worth.
2006-06-19 16:54:56 · answer #4 · answered by oldman 7 · 0⤊ 0⤋
When the repairs cost more than the car is worth. check out the blue book price on the internet.
2006-06-19 16:51:30 · answer #5 · answered by fablabs7 1 · 0⤊ 0⤋
When the costs to repair it exceed 50% of the value of the auto.
2006-06-19 16:51:30 · answer #6 · answered by J.D. 6 · 0⤊ 0⤋
When you cant call your automobile transportation any more.
2006-06-19 17:16:40 · answer #7 · answered by Anonymous · 0⤊ 0⤋