 Understanding Car Write-offs
A car is considered a write-off when it's either damaged beyond repair, or the repair costs exceed the vehicle's value. Insurance categories ranging from A to N classify the severity of damage and the potential for repairs. In the unwanted event that your Audi falls into such a situation, assessing the category is the first step.
In the case of an Audi, category N for non-structural damage or category S for structural damage can still hold a promise for repair and getting back on the road. The market value, right before the accident, is typically the amount covered by comprehensive car insurance.
Buying Your Audi Back After a Write-off
Yes, you can buy your Audi back from your insurance provider if it's been written off. This process involves your insurance company offering you a settlement based on the pre-accident market value of your vehicle. If you do not agree with the settlement, you can negotiate or even buy the vehicle back for its salvage value.
As part of our commitment to supporting our customers, find out the value of your current vehicle and consider your replacement options within our New vehicle inventory and Used vehicle inventory.
Dealing With a Totaled Audi on Finance
When an Audi is declared a write-off and there's outstanding finance, the situation becomes a bit more complex. The owed amount to the finance company takes precedence, and any insurance payout is used to cover this debt first. If there's a deficit, or conversely a surplus, you may need to cover the gap or you could receive the remainder.
It is also important to keep making your payments during this period. If you're in this situation and need advice on your next steps, don't hesitate to reach out to our finance experts by submitting a Credit Application or calling us directly at our Sales Department.
The Impact of a Totaled Car on Credit and Insurance
The declaration of a totaled car can affect your credit if there are payments outstanding. Maintaining communication with your finance company is crucial. Additionally, after a write-off claim, you might lose your no-claims bonus, and your future premiums could see an increase.
You may consider purchasing new car insurance upon acquiring a new vehicle. To understand the full impact and evaluate your options, you can always seek guidance from our team at Audi Jacksonville and rest assured we'll help you explore your options for vehicle replacement and insurance coverage.
Replacing Your Totaled Audi with Empathy from Audi Jacksonville
Embrace the full support of the Hanania family at Audi Jacksonville as you navigate these challenging times. With services like Service Pickup and delivery within 20 miles and a diverse range of Audis to choose from, we align with your needs for luxury, performance, and above all, community.
From cars priced as low as $2995 to exotics worth up to $400,000, specialized financing options, and appealing business leases, we make the transition to your next Audi seamless and empathetic. And with every service, you'll receive a Free Car Wash, ensuring that you drive away with your car in top-notch condition.
Visit us today at 11401 Atlantic Blvd Jacksonville Florida 32225 or call our service department at Service Department to schedule your appointment. Don't forget to check out our extensive range of parts and accessories that can enhance and personalize your next Audi.
At Audi Jacksonville, we're not just a dealership; we're a family that takes pride in welcoming each of our customers into the Hanania family. Let us help you through your vehicle's total loss process and get you back on the road with confidence and the luxury you deserve.
