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Old 11-29-2018, 02:17 PM   #29
Nsxmatt
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Drives: 2017 Camaro
Join Date: Mar 2018
Location: Kentucky
Posts: 622
Quote:
Originally Posted by Chazzz View Post
In most cases it’s not the damage that will lower a used cars value but it’s the report. As long as there is no frame damage and the repair is made properly, if there is no insurance claim and it was paid out of pocket it will usually go unnoticed at trade in time. However, if there is a red flag on carfax or autocheck from a reported accident or insurance claim then count on a hit in value. One of the first questions asked on a used car appraisal is was there ever an insurance claim ....
Key words, on a "used car appraisal". You're one of those that fall for the dealer using every excuse to pay less for your trade. Again for those who can't read, the major companies that actually report used car values don't grade off of a fixed repair and to quote the first post, it's not going take a $5000 hit for a door ding from the person talking out of their rear.
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