Mitchell WorkCenter Salvage Summary Worksheet

Use the Mitchell WorkCenter Salvage Summary Worksheet to select a salvage method and to record summary information related to the salvage process for the loss vehicle.

This worksheet provides the following salvage methods:

  • Contract
  • 3-Bid
  • Pool/Vendor
  • Other

Closed To review the salvage summary

  1. From the Breakeven Analysis or Settlement Summary, click the underlined value for Salvage.
  2. Select a Salvage Method.

  3. Review theSalvage Fees, Comments, and Details for the selected salvage method, update and save the summary as needed.

    * Indicates required information.

 

Closed To create a salvage summary

  1. From the Breakeven Analysis or Settlement Summary, click the underlined value for Salvage.
  2. Select a Salvage Method.
  3. Enter the Salvage Fees and Comments for the selected salvage method.

  4. Review theSalvage Fees, Comments, and Details for the selected salvage method.

    * Indicates required information.

    Click Save.

Reference

Closed Screen Components

Select Salvage Method
  * Indicates required information.

Contract

The Contract Salvage Method includes:

  • Salvage Amount
  • Salvage Fees
  • Comments
  • Description*
  • Value*
  • Contract Percent*
  • Contract Salvage Value

3-Bid

The 3-Bid Salvage Method includes:

  • Salvage Amount
  • Salvage Fees
  • Comments
  • Description*
  • First Name*
  • Last Name*
  • Phone Number
  • Value*

Pool/Vendor

The Pool/Vendor Salvage Method includes:

  • Salvage Amount
  • Salvage Fees
  • Comments
  • Description*
  • Type*
  • Quote*
  • Amount*
  • Considered

Other

The Other Salvage Method includes:

  • Salvage Amount
  • Salvage Fees
  • Comments
  • Description*
  • Vendor Type
  • Phone Number
  • Value*

See Also

Breakeven Analysis

Settlement Summary