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Except vehicles are salvaged when the cost of repairing whatever damage was done exceeds most of the FMV according to the insurance company's appraisal process.
by newnewpdro 7y ago
Except vehicles are salvaged when the cost of repairing whatever damage was done exceeds most of the FMV according to the insurance company's appraisal process.
It's often entirely disconnected from the vehicle's safe operation. Some vehicles/damages are just expensive to repair and/or don't hold their value well.
I'm currently sitting on a vehicle which was in a minor fender bender but since they creased the quarter panel the insurance company totaled it. There's absolutely nothing wrong with the car besides a cosmetic dent, I drive it daily, its operation is unchanged.
If it were a Tesla, apparently I'd be losing access to all sorts of stuff I purchased like unlimited supercharging just because someone dented my car and the insurance determined it was too expensive to fix.
That's unacceptable in my view, but I already would never buy a car riddled with surveillance systems and unattended OTA software "updates", I'm definitely not in the target market for Tesla.