Looking for a licensed car appraiser in or around the Wyoming, Michigan area? Look no further. Appraisal Engine Inc covers the Wyoming, MI area and is ready to assist you with a certified auto appraisal of your car, truck or SUV.
Appraisal Engine representatives are available to serve you and help you get a fair value for your totaled automobile. Appraisal Engine has multiple field agents throughout the state of Michigan.
Appraisal Engine is proud to offer a wide variety of auto inspections and car appraisals in the Wyoming, Michigan area on all types of vehicles for total loss claim purposes including but not limited to:
Acura, Audi, Bentley, BMW, Buick, Cadillac, Chevrolet, Chrysler, Corvette, Dodge, Ferrari, Fiat, Ford, Freightliner, GMC, Honda, Hummer, Hyundai, Infiniti, International, Isuzu, Jaguar, Jeep, Kia, Lamborghini, Land Rover, Lexus, Lincoln, Maserati, Mazda, Mercedes-Benz, Mercury, Mini-Cooper, Mitsubishi, Oldsmobile, Peterbilt, Plymouth, Pontiac, Porsche, Rolls Royce, Saab, Saturn, Scion, Shelby, Subaru, Toyota, Volkswagen, Volvo.
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|Law||Wyo. Stat. § 31-2-106(v)|
Wyoming Total Loss Threshold
(a) As used in W.S. 31-2-106 through 31-2-110:
(i) “Flood vehicle” means any motor vehicle that has been submerged in water to the point that rising water has reached over the door sill and has entered into the passenger or trunk compartment of the vehicle and the actual dollar amount of the damage would not cause the vehicle to be titled as a salvage vehicle. Disclosure that a motor vehicle has become a flood vehicle shall be made at the time of transfer of ownership and the next certificate of title issued after the transfer shall be branded with the word “flood”;
(ii) “Certificate of title, branded salvage” means a motor vehicle ownership document issued in this state to the owner of a salvage vehicle conspicuously branded with the word “salvage” across the front of the certificate;
(iii) “Rebuilt title” means the certificate of title issued in this state to the owner of a rebuilt salvage vehicle conspicuously branded “rebuilt” across the front of the certificate of title;
(iv) “Rebuilt salvage vehicle” means any motor vehicle which was previously issued a certificate of title branded “salvage” and has a decal stating “rebuilt salvage vehicle” affixed as required by W.S. 31-2-108(d);
(v) “Salvage vehicle” means any motor vehicle which has been wrecked, destroyed or damaged to the extent that it has been declared a total loss by the insurance company or, in the event an insurance company is not involved in the settlement of the claim, the total estimated or actual cost of parts and labor to rebuild or reconstruct the motor vehicle to its pre-accident condition exceeds seventy-five percent (75%) of the actual retail cash value of the motor vehicle, as set forth in the most current edition of any nationally recognized automotive appraisal guide or other source approved by the Wyoming insurance department. The value of repair parts for purposes of this paragraph shall be determined by using the current cost of the repair parts to be used in the repair. The labor cost of repairs for purposes of this paragraph shall be computed by using the hourly labor rate and time allocations that are reasonable and customary in the automobile repair industry in the community where the repairs are to be performed.