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?
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Let’s say you’re up in your treehouse playing with your Buzz Lightyear toy when you accidentally drop him all the way to the ground. You go to pick him up and see that some of his parts came off, there are some wires hanging out, and there’s a nasty scratch in his paint, so you take him to your dad and ask him to fix it. Dad gets out his trusty toolbox and the next morning he gives it back to you looking good as new. No more wires hanging out, all his parts are back together, and dad even touched up the paint on that nasty scratch. You go right back to playing with it, happy as can be. But then you start to notice things. That right arm that popped off is flimsier than it used to be and no longer holds its pose. The sound it used to make when you pushed that button just seems a little off. Even that touched up scratch, when the sun hits it just right you can tell it doesn’t perfectly match up. When you set it on your bed it still looks brand new, but the more you play with it the more you realize that it’s not quite the same as before your accident. It’s not your dad’s fault. He did a great job fixing it, but he just doesn’t have all those fancy tools in his toolbox like they have in the toy factory.
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