Diminished Value Due To Wreck?????
Instructor
Joined: Jan 2004
Posts: 176
Likes: 0
From: San Antonio Texas
Originally Posted by Ron Dittmer
I agree with ttaylor.
Document the damage thoroughly. Clean the car well before hand. Buff out all scuffs, even on body panels that would be replaced. I would consider an 60 second attempt at reassembly. At least straighten out and put back what can be done within reason. You want to minimize the appearance of the damage without misrepresentation. Then take pictures before, during, and after the repairs. Have all the repair paperwork too.
Being honest with a buyer is the key. Have a current carfax up front with all pics etc. The buyer will see for himself, the accident history. With all the data, he can be at ease making a decision.
It appears the damage is only skin deep, so a buyer should not have a concern as long as he is not **** about paintwork. You'll surely have a more limited market, but a lower selling price of $1000-$2000 can offset it if a buyer isn't found at market value.
I would surely consider a Corvette that has the damage you show, as it is not bad at all. But without detailed pics and repair documentation, I'd pass on it as I couldn't trust a stranger's word alone.
Ron
Document the damage thoroughly. Clean the car well before hand. Buff out all scuffs, even on body panels that would be replaced. I would consider an 60 second attempt at reassembly. At least straighten out and put back what can be done within reason. You want to minimize the appearance of the damage without misrepresentation. Then take pictures before, during, and after the repairs. Have all the repair paperwork too.
Being honest with a buyer is the key. Have a current carfax up front with all pics etc. The buyer will see for himself, the accident history. With all the data, he can be at ease making a decision.
It appears the damage is only skin deep, so a buyer should not have a concern as long as he is not **** about paintwork. You'll surely have a more limited market, but a lower selling price of $1000-$2000 can offset it if a buyer isn't found at market value.
I would surely consider a Corvette that has the damage you show, as it is not bad at all. But without detailed pics and repair documentation, I'd pass on it as I couldn't trust a stranger's word alone.
Ron
Totally Agree.
