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What percentage of new cars are declared a total loss? In other words, how likely is a newer model to become a total loss? Can you recommend any websites to assist with my research? Thanks.

Answers from the Automotive Experts

Jenny Trostel, Partner at Anderson of Hunt Valley Generally a car is considered a total loss when the cost of repairs exceed 70 percent of the value of the car. A newer model would become a total loss when both airbags deploy and the frame is bent and can not be straightened. I would contact insurance companies for more information.

Brandy Schaffels, Editor at AskPatty.com, Inc. You might find this article at AskPatty.com to be of use answering your question: http://caradvice.askpatty.com/ask_patty_/2009/09/how-does-your-insurance-company-value-your-totalled-vehicle.html

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