why does a record of an accident lower a car’s value even if the damaged parts were completely replaced?
In: Economics
Because nothing is ever the same after an accident. I mean did you take the whole car apart and inspect every piece for cracks? Did you check every circuit board to make sure they and none of their components are loose? Did you take a calipers to every part and check for plastic deformation? No. You just replaced the damaged parts. Maybe the shop even did so good a job that most people can’t even tell it was in an accident. But is it going to last as long as an equivalent car that wasn’t in an accident? Is it not going to have weird noise and rattling issues? Doubtful. And why should a buyer take the risk? That’s why the accident lowers the price.
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