The definition of a totaled car is when the repair cost of the vehicle exceeds the actual value of the vehicle. Hence, although it is unadvisable, it is possible for an auto body shop to fix a totaled car, depending on how severe the damage was.
That is the true definition of totaled ...when the repair cost is more than the car is worth
Not if you notify you local PVA that the car is totaled and not longer in service. You will pay taxes up to the day it was totaled.
What do I need to do if my vehicle was totaled and I had it recycled?
A vehicle is totaled if it cost too much to repair it. Usually, insurance companies determine whether or not a vehicle is totaled.
This is total nonsense!My total is 52.
Not while still "totaled". Since everything is tracked by the VIN# you won't be able to insure a totaled vehicle until such time that it's made roadworthy and has a reconstructed title.
It depends on why it was totaled. If it's cosmetic damage that totaled the car (like a shallow sideswipe) of course. If it's structural, like frame damage, maybe. If it was in a flood, it's probably not a good idea to fix it since quirky electrical problems will haunt the car forever. If it is repaired it would still carry a totaled title but it can be qualified with the brand 'totaled/reconstructed' on the new title.
Home equity loan perhaps. No bank is going to finance a totaled car.
get a good job............you will (assuming you are at fault for this loss) be require to pay for the totaled vehicle.........
no
No.