Every state has its own formula for calculating when a car must be deemed a total loss or salvage vehicle, but it’s generally a question of whether the repair costs are too high compared to the car’s ...
In New York State, a vehicle must be branded as a salvage if it is eight model years or newer, and if the vehicle was ...
States and insurers can have varying definitions of a totaled car, but it typically means a car needs repairs that cost between 60% and 90% of its full cash value. But in some cases, salvage title ...