For Sale COPART - 2020 LC Heritage

Year

2020

Vehicle Model

1. 200 Series

Mileage

301

Outside Link

https://www.copart.com/lot/47211480/2020-toyota-land-cruiser-vx-r-ky-lexington-west

Not mine. No affiliation. Hopefully everyone involved is ok.

 

[98100series]

I'm operating off assumption? Wtf lol, half of your post is assumptions. Where did I say there is no such thing as supplemental claims? Obviously that is a thing and I am fully aware of it, but you are completely misunderstanding how this tends to work in the first place. There are a modicum of factors insurance companies look at when "totaling" a vehicle when you are making it seem like the single thing they are concerned with is whether or not the customer will be satisfied with the repair. Couldn't be further from the truth. As an insured, you absolutely do not have the right to refuse repairs you already agreed upon completing in all cases. Each policy and company are different and completely nuanced and the large blanket statements you continue to make are not doing anyone any favors.

And again, you have absolutely no idea knowing what that will cost "with OEM" parts without looking at it on a lift, full-stop, stop speculating. SO many things could be affected on this vehicle and it is impossible to know without getting under it, your guesses could be (and very likely are) incredibly inaccurate.

Agree to disagree. I have been on both the insurance side and the repair side. Pretty seasoned with what goes down on both ends and INDEED you can refuse repairs if they are not repaired to pre accident condition.
But hey you know it all... lol there is not much that goes into totaling a vehicle sir. There is a % calculation of value that determines if repairs will be made or if the vehicle is a to total loss. Supplemental claims are a large part of that and a unsatisfied insured falls under supplemental claims which insurances chose not to deal with therefore vehicles will total for minor damage. Take a look at copart and you will see the thousands of cars that are sold daily because the repairs are not as bad as what the insurance state. Think about it, we buy from copart , repair the vehicle and resale for a profit WITH A SALVAGE title. If they weren’t “cheap” to fix would copart still be around? Would copart purchase these vehicles from the insurance just to have sit around? If the damages were really 80% of the cars value would people be buying them and repairing them? Come on man get with it!

 

[98100series]

Agree to disagree. I have been on both the insurance side and the repair side. Pretty seasoned with what goes down on both ends and INDEED you can refuse repairs if they are not repaired to pre accident condition.
But hey you know it all... lol there is not much that goes into totaling a vehicle sir. There is a % calculation of value that determines if repairs will be made or if the vehicle is a to total loss. Supplemental claims are a large part of that and a unsatisfied insured falls under supplemental claims which insurances chose not to deal with therefore vehicles will total for minor damage. Take a look at copart and you will see the thousands of cars that are sold daily because the repairs are not as bad as what the insurance state. Think about it, we buy from copart , repair the vehicle and resale for a profit WITH A SALVAGE title. If they weren’t “cheap” to fix would copart still be around? Would copart purchase these vehicles from the insurance just to have sit around? If the damages were really 80% of the cars value would people be buying them and repairing them? Come on man get with it!

I'm operating off assumption? Wtf lol, half of your post is assumptions. Where did I say there is no such thing as supplemental claims? Obviously that is a thing and I am fully aware of it, but you are completely misunderstanding how this tends to work in the first place. There are a modicum of factors insurance companies look at when "totaling" a vehicle when you are making it seem like the single thing they are concerned with is whether or not the customer will be satisfied with the repair. Couldn't be further from the truth. As an insured, you absolutely do not have the right to refuse repairs you already agreed upon completing in all cases. Each policy and company are different and completely nuanced and the large blanket statements you continue to make are not doing anyone any favors.

And again, you have absolutely no idea knowing what that will cost "with OEM" parts without looking at it on a lift, full-stop, stop speculating. SO many things could be affected on this vehicle and it is impossible to know without getting under it, your guesses could be (and very likely are) incredibly inaccurate.

The clean title vehicles you see at copart that show no damage, guess where those are from? Supplemental claims? Correct! Insurance will than satisfy the consumer and rid them to copart being that insurance companies are not car dealers!

 

[Bludozer]

Agree to disagree. I have been on both the insurance side and the repair side. Pretty seasoned with what goes down on both ends and INDEED you can refuse repairs if they are not repaired to pre accident condition.
But hey you know it all... lol there is not much that goes into totaling a vehicle sir. There is a % calculation of value that determines if repairs will be made or if the vehicle is a to total loss. Supplemental claims are a large part of that and a unsatisfied insured falls under supplemental claims which insurances chose not to deal with therefore vehicles will total for minor damage. Take a look at copart and you will see the thousands of cars that are sold daily because the repairs are not as bad as what the insurance state. Think about it, we buy from copart , repair the vehicle and resale for a profit WITH A SALVAGE title. If they weren’t “cheap” to fix would copart still be around? Would copart purchase these vehicles from the insurance just to have sit around? If the damages were really 80% of the cars value would people be buying them and repairing them? Come on man get with it!

What you are saying seems to be ever-morphing, again you seem to be putting words in my mouth, there are several things that go into "totaling a vehicle" but for some reason you seem to be only interested in supplemental claims, and I don't quite understand it, but ok. That's a factor, no question, just as I have said repeatedly. One of the first things I said to you was that there was a calculation in determining whether it was financially viable for the insurance company to fix a vehicle, which you initially took issue with and now you seem to be making that same point? And just because morons are rolling the dice with copart purchases, that is not evidence of anything man, just lol.

Whatever, agree to disagree as you said, but ironic you insinuate I am a know it all yet you continue to demonstrate you have little understanding of much of the nuance of how all of this can work. Each car is unique, each accident is unique, each situation is unique, each policy is unique and each company is unique. If you'd like to roll the dice on an $80k vehicle with a few hundred miles that was considered totaled by insurance, please be my guest...but be careful with what you are claiming because these types of situations can very quickly spiral way out of control.

This thread is derailed enough though, good luck.

 

[98100series]

If what you have said is the case than copart would not buy these vehicles from insurance companies correct? They are not a parts yard the sell complete vehicles. If the cost of repairs were what the insurance say what who would be buying these wrecked cars to repair for profit? If there is margin for copart to buy them and sell them for profit and the end user repair them to AGAIN make profit than 100% the insurance companies salvage prematurely and YES supplemental claims are a large part of that. If it’s not for you no one is asking your to buy it correct? The vehicle is worth repairing PERIOD And the cost would be around 12-15k.

Over this convo -

 

[vegasfj40]

It definitely appears repairable. Looks like the core support took the brunt of the hit which leads me to wonder about the engine taking a hit. I've seen stuff like this fixed in the dealership body shop I used to work at. Hard to say without being there to inspect it. I'll bet theres 10k just in airbags and modules etc. If it could be repaired for around 20k and it could be had for 20k, might be worth it.

 

[Bismarck]

This thing will get bought way too high (for a rational person), end up in a cargo container and sold to someone in Russia/Belarus/Ukraine as a clean title, never wrecked, rare imported beauty after being cobbled back together in the cheapest way possible.

 

[SWCruiser]

Ah man you guys battling it out. Some good points from both- The 10-12 might be right if a guy were to do some of the work himself and or have access to tools or skilled labor but yeah more could be wrong than we see. As summit cruiser pointed out the owner may not have wanted to deal with a truck that had a salvage title and is well within his rights to let the insurance know that AND demand a loss in value due to the title even after it’s fixed. They may not care how he feels but they will assess how much of a fight the customer can and will put up. In addition to how much business they do or don’t do. It also depends on who was at fault. If it was me and someone else caused the accident you better believe I’m going to let them know i will be a huge pain in the ass and they will have to cover the loss in value. The harder it is to please the party the higher the costs go. All of these things will factor into a “loss” and perceived cost of a fix. Maybe the occupants were hospitalized. You think the insurance company is going to argue about getting them a new truck and potentially aggravate a party she said party could easily put them on the hook for a neck injury or worse. They know medical bills can far outweigh the money they may eat on a new vehicle with a difficult party. The insurance companies have a system but they also want to avoid drawn out legal battles so yeah some things you see in auto auctions can be related to other factors.