How Much Should Damage History Affect Value?

[jmitro]

Originally Posted by maytag

y'all, just my opinion, but I think this is just a tad silly for a 15-20 year old car that will NEVER be a collectible. Nor will it EVER be worth more than it is right now.

Cars get hit. Cars get repaired. If it doesn't drive right, isn't properly aligned, squeaks or rattles more than it oughtta, or otherwise shows signs of improper repair, then steer clear.... or get a smokin' bargain on it. But if none of that is true, then don't worry about it.

And if you're worried about the resale on it, I wouldn't. There are far more buyers like me, who couldn't care less what the carfax says (as long as it doesn't show lies that have been covered-up), than there are buyers who want a "perfect" car for their money. Just be as honest as your own first-hand knowledge of the car and its history allows you to be when you sell.

+1
I'm amazed at how ridiculously obsessive some people (not specifically referring to OP) are about buying a 15 yr old used car with any sort of defect. If you tried to lowball my car for $2000 as that seller, I'd tell you to walk away

Originally Posted by 78F350

$2,000 difference from what? KBB? Cars.com? No. There are just too many variables in the care and condition of a car that age. My offer (or bottom $ as seller) would be specific to the condition of that car, which could vary a couple thousand regardless of mileage. Again, PPI and how the car is Now.
I would pay significantly less for a car with a branded title (Rebuilt, Flood, Repo, etc.). Not for any worry, but because to me, the title is part of the car and a brand is unrepairable damage.

agreed