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04-12-2015, 12:52 AM | #1 |
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How much is minor accident worth?
Hi guys,
I am looking at a car that has been in a minor accident, everything else looks good, so I am curious how much is minor accident worth in terms of drop in value? I pulled the police report and it was a left rear end during a 2-lane left turn. The damaged was 500 and speed was 15mph on the police report. The car did drive away. Thanks. |
04-15-2015, 11:40 AM | #5 |
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04-15-2015, 01:05 PM | #7 |
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I live in Seattle where there aren't many m3s around, so I would like to give it a shot to see if the dealer is willing to compensate for the drop in resale value. So I am curious how much discount will you guys take off retail. BTW, even though the accident shows up on Carfax, Carfax still believes the car is above book value for some reason.
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04-15-2015, 01:30 PM | #8 |
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No offense but that's just ignorant to pass on something that may be a good deal. These cars are limited too. Maybe e92, but e90 are rare. I also am very mechanically inclined and have worked in the collision industry before and wouldn't worry too much about non-structural repairs.
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04-15-2015, 01:31 PM | #9 | |
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04-15-2015, 02:28 PM | #10 | |
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04-15-2015, 02:38 PM | #11 | |
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OP didn't state that he is getting a good deal because the car was involved in an accident so I suggested him, if he could find a similar car with clean history he should buy that. If he gets a significant discount then he can buy that particular car. I'm not saying that the car has structural damage. The history will make the sale harder when he wants to sell it later on. Of course people will buy and sell cars with accident histories but it takes more time. This is a luxury purchase not a necessity, if you spend more time now you will have less headache later.
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04-15-2015, 05:38 PM | #12 | |
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04-15-2015, 06:23 PM | #13 |
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Thank you. I have bought a few used car cars before, but not any that is this expensive. I am used to dealing with private owners, not some used luxury car dealership who buy cars from auction in batch and flip them.
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04-15-2015, 06:24 PM | #14 | |
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