What Condition Must a Vehicle Be In to Be Considered Totaled?
2 Answers
A vehicle is considered totaled when it is completely destroyed or severely damaged to the point where it has lost its repair value. Below is an introduction to the relevant content: 1. Category: Such totaled vehicles are commonly referred to as "total loss vehicles." 2. Total Loss Criteria: Vehicles that, after repair, do not meet national safety, environmental protection, and other relevant standards also qualify as totaled. Below are specific reference regulations: 1. Common Type of Total Loss Vehicle One: Vehicles that have suffered severe impacts damaging the engine compartment and the passenger compartment. 2. Common Type of Total Loss Vehicle Two: Vehicles where the body has been submerged in water exceeding half of the body height, or where water has entered the passenger compartment. 3. Common Type of Total Loss Vehicle Three: Vehicles where the body has been burned over 60% of its surface area and still pose safety hazards after repair.
I still remember the scene when my car was totaled. The repair shop estimated the repair costs to be as high as 30,000 yuan, but the car's market value was only 25,000 yuan, so they suggested scrapping it outright. This is quite common—the key lies in whether the repair costs can cover the vehicle's residual value. If the insurance company or repair shop assesses that the repair expenses exceed 80% of the car's value, it's usually deemed a total loss because further repairs aren't cost-effective. It involves economic considerations, like older cars being more likely to be scrapped, while newer ones might have some leeway. I think if the car isn't severely damaged but parts are scarce, repair costs can skyrocket, leading to a write-off. When dealing with this, it's best to get multiple quotes and not rush the decision. Sometimes, repairing and selling the car can recover some value, but safety should always come first.
