Total Loss ACV vs Repair Threshold Checker
Audit actual repair/ACV/salvage evidence under caller explicit threshold and salvage-inclusion policy; not a legal total-loss determination, vehicle valuation or title classification.
Description
A total-loss threshold scenario compares repair evidence with a fraction of independently established actual cash value (ACV).
A total-loss threshold scenario compares repair evidence with a fraction of independently established actual cash value (ACV). Salvage inclusion is an explicit policy choice.1
The returned values include Caller threshold minor, Observed comparison amount minor, Caller total loss threshold reached. The How section below explains the calculation, input rules and interpretation.
When to use Total Loss ACV vs Repair Threshold Checker
Use Total Loss ACV vs Repair Threshold Checker when you need to evaluate the supplied records under the calculation and evidence rules below. No vehicle valuation, title classification or legal total-loss determination 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 Total Loss ACV vs Repair Threshold Checker 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 callerIndependentlyEstablishedAcvMinor, observedRepairEstimateMinor, observedSalvageBidMinor, callerTotalLossThresholdBasisPoints, callerIncludeSalvageInThreshold using the field table and calculation rules, then run the tool.
- Read callerThresholdMinor, observedComparisonAmountMinor, callerTotalLossThresholdReached. 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 |
|---|---|---|---|
| callerIndependentlyEstablishedAcvMinor | Caller independently established acv minor | number | Required |
| observedRepairEstimateMinor | Observed repair estimate minor | number | Required |
| observedSalvageBidMinor | Observed salvage bid minor | number | Required |
| callerTotalLossThresholdBasisPoints | Caller total loss threshold basis points | number | Required |
| callerIncludeSalvageInThreshold | Caller include salvage in threshold | boolean | Required |
Enter nonnegative integer ACV, repair and salvage money at most 10¹² each, integer threshold basis points 0–10000 and a boolean salvage-inclusion flag. Return rounded threshold, comparison amount and a flag for comparison at least threshold.
threshold=roundMinor(ACV×basisPoints/10000); comparison=repair+(includeSalvage?salvage:0) Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| callerThresholdMinor | Caller threshold minor | number |
| observedComparisonAmountMinor | Observed comparison amount minor | number |
| callerTotalLossThresholdReached | Caller total loss threshold reached | boolean |
{
"input": {
"callerIndependentlyEstablishedAcvMinor": 10000,
"observedRepairEstimateMinor": 6000,
"observedSalvageBidMinor": 2000,
"callerTotalLossThresholdBasisPoints": 7500,
"callerIncludeSalvageInThreshold": true
},
"output": {
"callerThresholdMinor": 7500,
"observedComparisonAmountMinor": 8000,
"callerTotalLossThresholdReached": true
}
}Limitations and assumptions
No vehicle valuation, title classification or legal total-loss determination is supplied.
Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors. A successfully returned false flag is an evaluated outcome; its meaning is explained above.
Alternative or Complementary methods
Use Salvage Title Recovery Value Percent Calculator: Salvage recovery compares bids net of disposal cost with independently valued ACV. Negative net bids should remain visible. For a complementary task, use Replacement Cost vs ACV Payout Compare Tool: ACV and replacement-cost scenarios differ by depreciation and replacement evidence. This calculation applies deductible before the limit.
References
Similar or alternative tools
- Salvage Title Recovery Value Percent Calculator
Salvage recovery compares bids net of disposal cost with independently valued ACV. Negative net bids should remain visible.
- Replacement Cost vs ACV Payout Compare Tool
ACV and replacement-cost scenarios differ by depreciation and replacement evidence. This calculation applies deductible before the limit.