To What Extent Does a Car Need to Be Damaged to Be Considered Totaled?
1 Answers
When the repair cost of a vehicle after an accident exceeds 80% of its pre-accident value, it can be considered totaled. Below is the process for handling a totaled vehicle after a collision: 1. Application for Scrapping and Renewal by the Car Owner: Fill out another copy of the "Motor Vehicle Change, Transfer, Modification, Suspension, or Scrapping Approval Application Form" and stamp it with the owner's seal. 2. For Vehicles Not Yet Reaching the Scrapping Age Limit: After inspection and verification, if the vehicle meets the scrapping standards, issue a "Vehicle Scrapping Notice". For vehicles that have already met the scrapping requirements and age limit, issue a "Vehicle Scrapping Notice". 3. Car Owner: Use the "Vehicle Scrapping Notice" to deliver the vehicle to a qualified recycling company. Accident-damaged vehicles can be delivered via tow truck. 4. Recycling Company: After verifying the "Vehicle Scrapping Notice", dismantle the vehicle. The engine must be separated from the vehicle, the engine block must be broken, and the frame (chassis) must be cut. Photographs must be taken, and a "Recycling Certificate for Scrapped Vehicles" must be issued along with payment of the residual value. 5. Car Owner: Submit the "Scrapping Application Form", "XX Province Vehicle Renewal Technical Appraisal Form", "Recycling Certificate for Scrapped Vehicles", vehicle dismantling certificate, and recycled license plates to the Vehicle Management Office for scrapping registration.
