Originally Posted by cposk
That 14k-20k number came from my adjuster. She said they basically have to find one still boxed up from the factory.
Is the rule ALWAYS 75%? Can the insurance company decide they just want to cut their losses and salvage a car if it is less?
yes, again it's a business decision. Many flood cars are totaled this way as the insurance company cuts losses up front rather than repair and have to deal w/ potential issues down the road. Its a case by case basis