Enter the current vehicle value and the cost to repair into the calculator to determine the total loss percentage.

## Total Loss Formula

The following formula is used to calculate the total loss percentage of a damaged car.

TL%= RC / ACV *100

• Where TL% is the total loss percentage
• RC is the repair cost (\$)
• ACV is the actual cash value (\$)

## Total Loss Definition

What is a total loss?

A total loss is defined as the ratio of the repair cost to the actual cash value of a vehicle that is recently been involved in an accident.

This ratio is then used to determine if the vehicle should be considered a total loss or not for insurance purposes. Many insurance companies will set a threshold for the total loss percentage.

## Example Problem

How to calculate a total loss?

1. First, determine the repair cost of the vehicle that has been in an accident.

For this example, the total repair cost comes out to \$6,000.00.

2. Next, determine the actual cash value of the vehicle.

In this case, the actual cash value is determined to be \$10,000.00.

3. Finally, calculate the total loss percentage.

Using the formula above, the total loss percentage is calculated to be:
TL%= RC / ACV *100
TL%= 6000 / 10000 *100
TL%= 60%