repo value
Thread Starter
Heel & Toe
Joined: Oct 2011
Posts: 17
Likes: 1
From: Topsfield MA
repo value
Does it affect the value of a 2000 coupe if it was repo'ed in 2004 from original owner, with 25k miles? New owner has owned it for 6 years and now 33k miles. Car has no issues.
Race Director
Joined: May 2010
Posts: 16,574
Likes: 13
From: Winfield IN
As long as there are no title issues, I would assume that the repo would have no ill affect on the value of the car. The only thing it might do is raise some questions if a potential buyer sees it on a history report.
Drifting
Joined: Apr 2011
Posts: 1,454
Likes: 6
From: Pittsburgh PA
Someone may have fell on bad times and just turned it in to the finance company. They would then take it to auction. Just because it was reposessed doesn't mean some gnarly repo man drug it out of an alley. Could be no more of a deal than if someone traded it in.
If it was reposessed with damage, it should show up. That is if you believe in Carfax.
If it was reposessed with damage, it should show up. That is if you believe in Carfax.
Pro
Joined: Sep 2004
Posts: 656
Likes: 1
From: Nixa Mo.
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No effect on the value as far as I know. Now if there was some damage, then maybe so.
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