mj2002 Posted December 21, 2021 Share Posted December 21, 2021 (edited) What are the maths behind the costs of repairing destroyed vehicles? When a vehicle ends up in the water, it costs money to respawn it. I believe this might only be the case if the vehicle is not insured. How are these costs determined? Are they a percentage of the retail value? Is it a set amount? Thanks in advance! Edited December 21, 2021 by mj2002 Link to comment
Wisci Posted January 7, 2022 Share Posted January 7, 2022 (edited) In the past my understanding was there would be a fee of 5% of the unregistered value of the vehicle if it was scrapped or physically destroyed. I'm unsure if that's still the case. See below. Edited January 7, 2022 by Wisci Link to comment
Wisci Posted January 7, 2022 Share Posted January 7, 2022 On 12/20/2021 at 10:41 PM, mj2002 said: What are the maths behind the costs of repairing destroyed vehicles? When a vehicle ends up in the water, it costs money to respawn it. I believe this might only be the case if the vehicle is not insured. How are these costs determined? Are they a percentage of the retail value? Is it a set amount? Thanks in advance! I've done some testing on the subject, and I'm pretty confident it's 10% of the vehicle's cost. This is regardless of class - a Sports car costs 10% to recover, a Van costs 10% to recover. As an additional note, this is based on the current price of the vehicle. So if you paid $45,000 unregistered price for a vehicle, and the current cost at the dealership is $65,000 the cost to recover the vehicle is $6,500. 1 Link to comment
mj2002 Posted January 11, 2022 Author Share Posted January 11, 2022 On 1/7/2022 at 3:33 PM, Wisci said: I've done some testing on the subject, and I'm pretty confident it's 10% of the vehicle's cost. This is regardless of class - a Sports car costs 10% to recover, a Van costs 10% to recover. As an additional note, this is based on the current price of the vehicle. So if you paid $45,000 unregistered price for a vehicle, and the current cost at the dealership is $65,000 the cost to recover the vehicle is $6,500. Thanks! Question answered. Link to comment
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