Talk:FItemRepairCostMult

I'm completely confused as to why repairing at item might cost more than a 'new' full condition item... --User:Dandys (15:15, 21 November 2010)

In reality it is often more costly to repair something than to get a replacement. For instance, when it comes to auto insurance, the term "write off" refers to when the cost of repairs of a vehicle exceeds the depreciated value of the vehicle; since it will be cheaper to buy a new car than to pay to repair the existing car, the insurance underwriter will simply prefer to buy a new vehicle roughly equivalent to the depreciated value, or to pay the depreciated value as a lump sum cheque (writing a cheque to pay off the consumer). When it comes to the salvage business in a post-apocalyptic wasteland, though, people may be willing to fork out the high cost of repairing things as new replacements simply aren't available. --JT 10:30, 23 November 2010 (UTC)

(There is of course more to it than that. Write off mostly refers to declaring it as a loss for taxes. But that's getting into unnecessary levels of detail.) --JT 10:33, 23 November 2010 (UTC)