06-28-2013, 02:49 AM
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CC Member
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Join Date: Feb 2008
Location: Melbourne,
vic
Cobra Make, Engine: 1965 registered Brushed Kirkham polished stripes, 427 FE kieth craft 482 efi.ss chassis and all the go gear .
Posts: 285
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Not Ranked
Quote:
Originally Posted by PeterAllen
I guess most are aware of this but;
In NSW, and I assume the other States, there is an;
Insurance write-off = it is more financially viable for the insurance company to pay out rather than pay for repairs; and a,
Statutory write-off = where the government declares the car is too badly damaged (amongst other reasons) and the VIN number can no longer be used. This is to prevent rebirthing, i.e. a stolen car being given the identity of a supposedly rebuilt wreck.
I assume in this case it is an Insurance write-off.
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Bingo!
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" And them boys in them Chevy's,are going to say Pipes!!! Look at them pipes !!!- Bill Cosby 200MPH.
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