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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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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33 Answers

Anonymous 0 Comments

Whoever is paying for the repairs wants to save as much money as possible. The system incentivizes them to cheap out, which is why the price is adjusted to reflect that.

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