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New Member
posted Jun 6, 2019 12:46:00 AM

What if the vehicle was at total loss what do i put for sales price or expense of sale

0 3 1146
3 Replies
New Member
Jun 6, 2019 12:46:02 AM

If the vehicle was a total loss and you are receiving no insurance proceeds then the sales price and expenses of of sale would be $0.

New Member
Mar 6, 2024 2:02:51 PM

And what if there was a settlement with the insurance?

Expert Alumni
Mar 6, 2024 2:07:19 PM

You sold for the cost of the insurance received for the vehicle.

@linadth