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Old 08-02-2007, 10:10 AM
Inigo Montoya Inigo Montoya is offline
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Join Date: Mar 2004
Location: On the level, if inclined
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Quote:
Originally Posted by Inigo Montoya
Some companies DO use a "70% of value threshhold" but it's really just a shortcut--they reckon they will, on average, realize a salvage value of about 70% of the pre-loss value of the car.
Shit. I mean they expect a 30% return as salvage. Carry on.

Last edited by Inigo Montoya; 08-02-2007 at 10:10 AM. Reason: too stupid to breathe