The Mitchell total loss valuation, explained

A Mitchell total loss valuation lists comparable vehicles as individual cards, reduces their prices with a projected sold adjustment, applies mileage and equipment adjustments, and averages them into a market value. Here is what each part means — and a free check of your report.

Comparable cardsProjected soldFree check of your report

Comparable vehicle cards

Each comparable has its own card: listing price, mileage, distance, and adjustments — a projected sold adjustment, a mileage adjustment, equipment differences and, in newer versions, a vehicle configuration adjustment — ending in an adjusted value.

Condition

Mitchell reports rate your vehicle’s condition by level (for example “Fair” or “Good”). Some versions show a dollar amount per component; older versions show only the level. Ask for the documentation behind any rating below typical.

What to check

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Upload the valuation report your insurer sent you. In about a minute you see which items may not add up — free. The full review report with a draft letter you edit and send yourself is $79.

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Frequently asked questions

What is a Mitchell total loss valuation?

It is a valuation report produced with Mitchell’s WorkCenter Total Loss software (in some versions with J.D. Power data). It shows comparable vehicles as individual cards with their adjustments and a market value derived from them.

What is the Projected Sold Adjustment in a Mitchell report?

It is a reduction applied to comparable vehicles’ list prices to estimate what they would sell for. You can ask how the reduction was calculated for your market.

How is the market value calculated?

In the Mitchell reports we have examined, the market value matched the simple average of the comparables’ adjusted values. If yours does not reconcile, ask the insurer to explain the calculation.

What this is — and isn’t