Which of the following describes a vehicle that has sustained damage but is not declared a total loss?

A vehicle described as a Flood Vehicle with damage less than the replacement value accurately identifies a situation where the vehicle has sustained damage but is not considered a total loss. In this context, a total loss would occur when the cost of repairs exceeds the vehicle's market value or replacement cost. Since the damages in this case are less than the value of the vehicle, it suggests that repairs are feasible and financially sensible, allowing the vehicle to remain on the road, rather than being declared a total loss.

Other options do not adequately fit this description. For instance, a vehicle deemed salvage typically indicates that it has been written off by an insurance company due to extensive damage. A vehicle that has been repaired and re-registered implies that it has returned to a drivable state but does not address the specifics of the damage or value assessment. Additionally, a vehicle that can only be used off-road signifies limitations based on its condition, which does not inherently connect to the evaluation of a total loss.