Diminished Value???
Thread Starter
Racer
Joined: Aug 2004
Posts: 409
Likes: 0
From: Belmont MA
Diminished Value???
How much does an accident really depreciate a vette?
Some one hit me
(sorry no pics, camera busted) All said and done - need new left quarter, new rear bumper, energy absorber, and impact bar - paint etc. about $2700 in damage. Pretty much an easy fix, but how much do you think it will affect the resale/trade-in value of my vette? I have a 2002 vert w/ 35500 miles.
No frame damage or the like.
Thanks for the input
Some one hit me
(sorry no pics, camera busted) All said and done - need new left quarter, new rear bumper, energy absorber, and impact bar - paint etc. about $2700 in damage. Pretty much an easy fix, but how much do you think it will affect the resale/trade-in value of my vette? I have a 2002 vert w/ 35500 miles.No frame damage or the like.
Thanks for the input
Drifting
Joined: May 2007
Posts: 1,515
Likes: 14
From: Gig Harbor WA
Several variables come to mind: Quality of the repairs, if reported to CARFAX, if repair done by a dealer and it's noted in the GM Vehicle History Report, one or more might give a future buyer pause. Sounds like minimal damage, so recommend you enjoy the car and not worry yourself silly about it's monetary value -- the grins it gives are priceless.
