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When a motorcycle is totaled what is the average buy back cost percentage of fair market value?
Wiki User
∙ 15y ago
One more thing, a large majority of insurance companies (including the one I work for) distribute their salvage thru the INSURANCE AUTO AUCTION. They have a web site, perhaps you could get some valueable information there....Again good luck, let me know if I can help anymore. == == The companies I work/worked for (and any others I know about), the 'buy back' is the salvage bid or price or lower, never higher. If the totaling company is wanting to charge you more than the salvage price or bid for your buy back, you need to file a complaint immediately with your states dept of insurance. What could be the possible reasoning behind charging you more to retain the salvage than they will knowingly get (generally per prior agreement)? I would be very interested in knowing what the difference is between the salvage bid and what they are offering you as a buy back. I'm fairly confident I could be of more help to you with more information.
Wiki User
∙ 15y ago
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Discuss the segmentation variables you will consider to segment the market for a 150 cc premium motorcycle?
Discuss the segmentation variables you will consider to segment the market for a 150 cc premium motorcycle.
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B Discuss the segmentation variables you will consider to segment the market for a 150 cc premium motorcycle?
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It can be totaled again but payout will be much less, typically 50% of the value of a comparabe clean-titled car plus credit for any upgrades you've done and can prove with receipts (keyless entry, new brakes, new alternator). It's subjective so make sure you know the value of your car with a clean tile (check out kbb.com and nada.com to get an idea but be prepared to peruse the local classifieds as back up) as your insurance co. will likely lowball you! Bear in mind that a refurbished previously totaled vehicle is considered a " Grey Market " vehicle. if it gets totalled again you will receive much less compensation as grey market vehicles have a low market value
