Totaled Vehicle Put simply, Totaled mean the cost to repair a damaged vehicle exceeds a certain percentage of the vehicles total value. (Insurance.com) Example, $3000 worth of damage to a $4000 car, in the exacting eye of the insurance company, is not worth repairing. Meaning that a relatively minor accident on an older, lower value […]
Totaled. When a vehicle has been damaged and the cost of repair will exceed a high percentage of its overall value, the insuring company will label it a total loss. (claims journal news) The percentage can vary depending on state. An older car, with a low market value, can be totaled from a relative minor […]
The Smell. Water damaged cars will have a musky smell or stink. (hurricane-flood-damaged-cars-could-end-up-in-nebraska-and-iowa) Some areas inside the car will not dry completely for a long time, if ever. There may also be a risk of mold. The smell alone should be a huge sign. Crunching sound when moving seats forward and back. Sand or debris […]
Buy Up Every year hurricane season destroys numerous vehicles. Particularly, in unusually powerful years, resale of damaged vehicles becomes a problem for the entire region around those hurricanes. These vehicles can be moved hundreds, sometimes thousands, of miles from their origin. Most common is water damage that can affect every part of a vehicle. Once […]
Right Now. Yes, but the term “car” is a loose one here. The Transition by Terrafugia is essentially a plane with robustly functional wheels and fold up wings. The video on its website claims “road legal.” (the transition) Compare its in-air cruise speed of 100 mph to a Cessna 172’s 140 mph. (models 172) The […]
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