Calculations Tab
Use the Calculations tab on the Total Loss dialog box to determine the total loss value. You can choose from one of three methods of calculation.
Reference
Window Components – Calculations tab
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Method used |
The method used to determine the vehicle base price. |
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Base Price |
The vehicle base price before tax or fees, including all adjustments. |
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Tax |
Any tax amount that must be added to the vehicle’s base price, if applicable. |
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Fees |
Additional fees including License and Title. |
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Actual Cash Value |
The vehicle’s base price plus tax and fees. |
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Owner Retained Salvage |
The amount of any owner retained salvage allowance. |
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Deductible |
This amount comes from the Administrative - General tab and cannot be changed. |
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Lienholder |
Payoff Amount owed to lienholder. |
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Amount Paid Owner |
Amount paid to vehicle owner. |
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Date Settled |
Date claim was settled. |
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See also: |
