You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
Are insurance crash repaired cars worth less than cars that have never been in an accident?
Friend has a car for sale that was fixed by the insurer when a truck took out the rear quarter panel
Insurance company fitted a new panel and paint etc.. so its not a CAT S or N
But is it worth less than a car that has never had any repair work and if so how much less is it worth? 10%, 20%?
If it’s been repaired properly then you might struggle to see the repair.
The large proportion of new cars have been repaired even before they are delivered to the showroom.
How would any prospective buyer know if a car has been repaired properly?
If it’s not recorded then why even mention that it’s been repaired? There is no obligation to do so.
As said if not cat S/N etc then no need to mention, however I personally would not want one as there is potential for corrosion further down the line.
however I personally would not want one as there is potential for corrosion further down the line.
Good luck knowing that as no one ever declares a repair where they don't have to. I certainly didn't when I've sold 2 cars repaired in the past, you'd never know the repair was always good.
The joys of 2nd hand.
Anyway its highly unlikely with repairs these days if its an insurance job so being done by a reputable bodyshop.
Good luck knowing that as its no one ever declares a repair where they don’t have to, I certainly didn’t when I’ve sold 2 cars repaired in the past.
The joys of 2nd hand.
Anyway its highly unlikely with repairs these days if its an insurance job so being done by a reputable bodyshop.
Well the wing on my citroen that was repaired a few years ago is showing rust (car was galv dipped new) regarding repairs a dealer must inform you of a repair (if asked) and some repairs can be seen (shading, paint finish just looks slighty different) As said if I knew or suspect a car had been in a bump I would walk.
a dealer must inform you of a repair (if asked)
If they know as may have been sold to them without the knowledge, or choose to use that loophole as a reason not to tell you.
Damage repair and future consequences regarding value take on a whole other look, when the car comes off a transporter, having been picked up from the docks after it arrived from the factory, and it looks like this...
Neither of those cars have more than about five miles on the clock, and they’re not registered yet. The one with the front ripped off has also got a damaged radiator and the front cross-member is also bent - that’s at least £4-5k in damage.