Even If You Repair A Crashed Car, Your Resale Value Will Not Recuperate

You slow down for a red light and the moron behind you is texting. He doesn't stop in time and hits you from behind, not hard, but just enough to damage your bumper. You make a claim with your insurance and pay your deductible. Then you go to trade your car and find out that the accident has cost you in the way of resale value.

Opponaut and car dealer Steve Khun wrote a great post on how the CarFax (or any vehicle history report) works. While they are not perfect and don't reveal every accident or problem a car has had, what does show up can mean less money in your pocket even if the accident wasn't your fault. Read more about the Even If You Repair A Crashed Car...

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28 May 2018

By Tom McParland