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Not sure how it works in Australia, but often after you get paid out, you can ask for the first dibs to buy it back from the insurance. Either part it out or turn it into a track only car!

where I live, often you can get first dibs. It’s very handy when you have a modified car and the value of the payout doesn’t really match the worth of the car. You can buy it back (for pennies on the dollar), part it out and essentially get paid twice.
 
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