Salvage Title Recovery Value Percent Calculator
Compare actual salvage bids net of disposal cost against independently valued ACV, signed negative recovery retained; no salvage title law, universal recovery rate or legal sale eligibility.
Description
Salvage recovery compares bids net of disposal cost with independently valued ACV.
Salvage recovery compares bids net of disposal cost with independently valued ACV. Negative net bids should remain visible.1
The returned values include Net salvage recovery minor by bid, Net salvage recovery percent of acv. The How section below explains the calculation, input rules and interpretation.
When to use Salvage Title Recovery Value Percent Calculator
Use Salvage Title Recovery Value Percent Calculator when you need to evaluate the supplied records under the calculation and evidence rules below. No salvage-title law, sale eligibility or universal recovery value is supplied.
Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
How to use Salvage Title Recovery Value Percent Calculator and understand its results
- Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
- Enter observedGrossSalvageBidsMinor, observedSalvageDisposalCostsMinor, callerIndependentlyEstablishedVehicleAcvMinor using the field table and calculation rules, then run the tool.
- Read netSalvageRecoveryMinorByBid, netSalvageRecoveryPercentOfAcv. The explanation below defines the units, signs, ordering and any flags or placeholder values.
- If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
| Input field | Meaning | Value type; see rules below | Requirement |
|---|---|---|---|
| observedGrossSalvageBidsMinor | Observed gross salvage bids minor | list of number | Required |
| observedSalvageDisposalCostsMinor | Observed salvage disposal costs minor | list of number | Required |
| callerIndependentlyEstablishedVehicleAcvMinor | Caller independently established vehicle acv minor | number | Required |
Enter aligned nonempty integer bids/costs 0–10¹² each and positive integer ACV at most 10¹². Return signed net money and unclamped percentages.
net_i=bid_i−cost_i; percent_i=100×net_i/ACV Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| netSalvageRecoveryMinorByBid | Net salvage recovery minor by bid | list of number |
| netSalvageRecoveryPercentOfAcv | Net salvage recovery percent of acv | list of number |
{
"input": {
"observedGrossSalvageBidsMinor": [
1000,
2000
],
"observedSalvageDisposalCostsMinor": [
100,
500
],
"callerIndependentlyEstablishedVehicleAcvMinor": 10000
},
"output": {
"netSalvageRecoveryMinorByBid": [
900,
1500
],
"netSalvageRecoveryPercentOfAcv": [
9,
15
]
}
}Limitations and assumptions
No salvage-title law, sale eligibility or universal recovery value is supplied.
Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Numeric lists are limited to 10,000 entries; string lists to 128 strings of at most 128 characters each. The rules above may impose smaller limits. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.
Alternative or Complementary methods
Use Total Loss ACV vs Repair Threshold Checker: A total-loss threshold scenario compares repair evidence with a fraction of independently established actual cash value. Salvage inclusion is an explicit policy choice. For a complementary task, use Diminished Value Claim Percent Estimate Calculator: A calibrated diminished-value scenario scales pre-loss value by severity and mileage factors. Both factors are explicit user inputs.
References
Similar or alternative tools
- Total Loss ACV vs Repair Threshold Checker
A total-loss threshold scenario compares repair evidence with a fraction of independently established actual cash value. Salvage inclusion is an explicit policy choice.
- Diminished Value Claim Percent Estimate Calculator
A calibrated diminished-value scenario scales pre-loss value by severity and mileage factors. Both factors are explicit user inputs.