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Reply to "Advice for 20 year old truck involved in an accident"
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[quote=Anonymous]I don't understand why he cares if it's totaled or not. Either it is totaled and it can't be made safe for any amount you're willing to pay after receiving the salvage value, in which case you take the market value and give the truck to the insurance company to salvage themselves. Or it's totaled and can be made safe and you pay for repairs needed to get it to pass inspection, with the salvage value contributing some or all of the cost of those repairs. It's super unlikely a 20-year old vehicle would not be totaled. I think the standard for totaling in Virignia is repairs >= 50% of the value. You can look up the market value on NADA.[/quote]
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