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Total Loss Threshold
State-mandated percentage where a vehicle must be declared a total loss.
What it means
Each state sets its own total-loss threshold: from 50% (Iowa) to 100% (some states use 'total loss formula' rather than percentage). Georgia uses TLF: salvage if repair cost + salvage value ≥ ACV. Lower thresholds mean more vehicles get totaled and end up donated.
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60-second form, free pickup nationwide, IRS Form 1098-C after sale.