01.11.2009 · Best Answer: It basically means his car is beyond repair and it’d be cheaper to replace it then to repair the car. more detail: "The term write-off describes a reduction in recognized value. In accounting terminology, it refers to recognition of the reduced or zero value of an asset.
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Very easy process, very expensive fee for gas Pros: The drop off process was fast. Cons: I felt like I was rushed out of my car and could have left.
We explain the pros and cons of buying a write-off – and the new Cat S and Cat N designations that have replaced Cat C and Cat D A used car makes sense.
Excluding the write off of diamonds in the third quarter of $250,000, third quarter 2002 loss from operations were ($108,907) compared to ($922,842) for.
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A quick and easy way to sell my car for cash. Selling your car the traditional way can be fraught with costs to advertise, timewasters who have no.
If your car is an insurance write-off, is it really damaged beyond repair? Here’s all you need to know about insurance write-offs, from category A to D.
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While the above is a very thorough answer, it is a bit much for what an Uber Driver needs to know. So here’s the skinny… You would be a.
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08.06.2012 · If its an insurance write off, an insurance company will pay you the value of the car. The insurance company will then own the car, and do with it what they see fit i.e. sell it as for parts, or scrap it. Every car which is a write off is entered into a database which everyone has access to (for a fee).
If your car is declared to be a write-off, the insurance company will deduct the excess agreed on the policy from the settlement payment it makes to you.
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Find out what cat c car insurance is what it means if you are looking to buy a category c car