Aviator
Elio Fan
- Joined
- Jul 1, 2014
- Messages
- 19
- Reaction score
- 69
So, I have worked in an automotive body shop some 15 years ago. When a vehicle gets into an accident the insurance company takes the cars blue book value figures into the mileage and age and all that. They come up with a figure. If the cost to repair the car is over 80% of the value the insurance company totals the vehicle for fear the "estimate" of damage may turn into exceeding the value during repairs.
In this case lets say a $6800 Elio when new now had a fender bender at 36,000 miles. The blue book car value at the time is reduced at this time to say $4500 just for an example. The damages to be repaired has an estimate of $3800 for most cars on the road this would just cover a parking lot bump.
So My example explains a car with little damage and say a perfect well maintained drive train having a full service history. Would Elio have a fully built car that the old drive train could be dropped into? Even if no interior is included this would be a good idea for so many reasons.
Leave a feedback if you agree.
In this case lets say a $6800 Elio when new now had a fender bender at 36,000 miles. The blue book car value at the time is reduced at this time to say $4500 just for an example. The damages to be repaired has an estimate of $3800 for most cars on the road this would just cover a parking lot bump.
So My example explains a car with little damage and say a perfect well maintained drive train having a full service history. Would Elio have a fully built car that the old drive train could be dropped into? Even if no interior is included this would be a good idea for so many reasons.
Leave a feedback if you agree.