If a car is in an accident, and the repair shop restored it to new condition (no bent frame, new parts, paint, airbag, etc.), why does it still lose value in as a trade in, if it is otherwise in great condition, with low miles?

Question

If a car is in an accident, and the repair shop restored it to new condition (no bent frame, new parts, paint, airbag, etc.), why does it still lose value in as a trade in, if it is otherwise in great condition, with low miles?

In: Other

Answer 1

Thanks to this people, here in Bulgaria are making good money. They buy cheap vehicles that have been in some kind of a small incident from Canada and USA, import them, fix them and sell with about 80-100% profit.