2016 TT may be totaled
I crashed my TT a week ago and it looks like it may be totaled. Is that what I should be hoping for or should I hope that it's repairable? Pro's and Con's
Forum Discussion
Camper G wrote:Cecilt wrote:FloridaReLoaded wrote:Camper G wrote:
Correct, only the insurance carrier makes the coverage determination on whether a vehicle is totaled or not. It's at their option to repair or replace. A shop can write or state whatever they want, it has no bearing on the carriers decision.
Hope it works out for you and it is totaled, if that's what you want to happen. I'd not really want a new, damaged and repaired rig either. They are leak prone to begin with, let alone having one hit and then fixed.
If it's deemed repairable, You would not have to fix it if you would not want to. You could sell the damaged rig as is and then take that plus the insurance repair check and put it into another rig. Or have it repaired and then trade it in on another rig, so you have some optionsIf it's deemed repairable, You would not have to fix it if you would not want to. You could sell the damaged rig as is and then take that plus the insurance repair check and put it into another rig. Or have it repaired and then trade it in on another rig, so you have some options
Yes I had a dealer tell me that they have done that in the past, taken the damaged rig plus the insurance check and put that into another Travel Trailer. If my insurance doesn't total it, that might be the route I go so as that the whole Summer is not wasted.
Not true. If you have a lien the bank won't allow you to do this.
The lien would have to be satisfied, but beyond that it's the option of the owner
Yes, I talked to the salesman today and he laughed when I told him about this. He stated that as long as the note was paid off by them I could do whatever I wanted to do, that the loan would be paid off. He said it wouldn't be any difference than me coming in there trading it in while still owing on it. I would give them the trailer and the insurance check that was issued for repairs and they in return would immediately pay my loan off. Then they would repair the trailer and put it out on their lot for sale. In the meantime I would have me a new trailer of my choice given that we could reach a deal.
