Quote:
Originally Posted by Scapegoat
by your standards the parts cost more than your car is worth, so the lambo is wrecked and deserving of a rebuilt title? that's not entirely how it works. maybe if you had to pay it out of pocket you might consider a won vehicle like this a loss and sell it. but it's still not wrecked. the cost of repairs certainly doesnt equate to more than whatever percentage of the vehicle cost the insurance company would deem the vehicle a loss.
|
Quote:
Originally Posted by SovXietday
While the expense of the individual parts is extremely expensive, the overall cost of the car more than makes up for the cost of an oil pan and rear bumper.
It would have to cost over 150K in repairs to total the car.
|
I didn't mean it like that but I also didn't make it entirely clear what I was trying to say. Sorry.
By Lambo standards, it's not wrecked not at all, but by our standards of what the cost is to fix it, compared to over total cost of our cars, the car would be totaled. Not sure if I am making sense but it sounds right in my head! Lol.
Also how much do you think a car getting messed up like this affects the resale value? 200,000$ car becomes a ???,???$ car because of this.