Breakeven Analysis

Use the Breakeven Analysis page to help determine if the vehicle is a total loss or repairable. Use the information in the General Information, Repairable, and Total Loss sections of the page to enter or view values that might affect the choice to repair or total a vehicle.

How to

  1. On the Job Overview page, on the Total Loss Valuation card, click
  2. Click Breakeven Analysis.

  3. A window appears where you can review the breakeven analysis.
  4. Apply changes as needed. See the reference section below for field descriptions.
  5. Click Save Analysis to save changes.
  6. Review the result in the Analysis Result field.
  7. Click X to close the window and return to Mitchell Connect.
  1. On the Job Overview page, on the Total Loss Valuation card, click
  2. Click Breakeven Analysis.

  3. Click Print Preview.
  4. Click Print.
  5. Follow the prompts in the your browser Print Preview window to save as a PDF or print.
  6. Click X to close the window and return to Mitchell Connect.

Reference

Field/Option Description

Current Claim Designation

Provides the current claim designation, e.g., Partial/Total Loss.

Vehicle Type

Provides the vehicle type, e.g., car.

Estimate Loss Designation

Provides the estimate loss designation, e.g., Partial/Total Loss.

Total Loss Declared Date

Date loss vehicle declared as a total loss.

Lien Holder Payoff Amount

Provides the Lien Holder Payoff amount. Click the underlined value to open the Lien Holder Information worksheet.

Valuation Summary

Provides brief summary information on the valuation, e.g., Actual Cash Value (ACV), Repairable Estimate percentage of ACV.

Policy Information

Provide or select the following information as applies to the valuation:

  • Loan/Lease Payoff Coverage
  • Deductible
  • Use Stated Amount for Total Loss
  • Stated Amount

Save Analysis

Click to save the Breakeven Analysis.

 

Print Preview

Click to preview the Breakeven Analysis.
Field/Option Description

Estimate

Enter the estimated repairable amount.

Expected Supplement

Enter the expected repairable supplement amount.

Rental

Provides the rental amount. Click the underlined value to open the Rental Worksheet.

Other Costs

Provides the other costs value associated with the loss vehicle. Click the underlined value to open the Other Costs Worksheet.

Obvious Total Loss

Select to indicate that the loss vehicle is an obvious total loss.

Obvious Total Loss Reason

Select an obvious total loss reason, including:

  • Total Burn
  • Unrecovered Theft
  • Flood Above Dash
  • Extensive Damage

Comments

Enter comments that apply to the repairable or total loss condition of the loss vehicle.

Repairable Total

Provides the total cost to repair the loss vehicle.

Field/Option Description

Base Value

Enter the base value for the loss vehicle.

Refurbishment Adj.

Enter the refurbishment adjustment for the loss vehicle.

After Market Parts Adj.

Enter the aftermarket parts adjustment for the loss vehicle.

Condition Adj.

Enter the condition adjustment for the loss vehicle

Prior Damage Adj.

Provides the prior damage adjustment for the loss vehicle. Click the underlined value to open the Prior Damage Worksheet.

Tax

Provides the tax amount for the loss vehicle. Click the underlined value to open the Tax Worksheet.

Rental

Provides the rental amount for the loss vehicle. Click the underlined value to open the Rental Worksheet.

Fees

Provides the fees associated with the loss vehicle. Click the underlined value to open the Fees Worksheet.

Other Costs

Provides the other costs value associated with the loss vehicle. Click the underlined value to open the Other Costs Worksheet.

Title History

Enter the cost for the title history for the loss vehicle.

Net Salvage

Provides the net salvage amount. Click the underlined value to open the MItchell WorkCenter Salvage Summary.

Total Loss Value

 

Provides a total loss value in dollars for the loss vehicle.

Analysis Results

Provides the result of the Breakeven Analysis, e.g., "The Cost to Repair is less than the Cost to Total."