@Papavictor wrote:
What if the vehicle wasn't traded or sold but no longer able to of service?
What exactly does that mean?
If it means the vehicle won't run and you can't find any buyers for it (not even a scrapyard), yes, that would be a total loss.
Otherwise, it probably won't be a loss until you actually "dispose" of the vehicle.
If you give details about exactly why the vehicle is "no longer able to be of service", we may be able to provide a clearer answer.
