How Much Should Damage History Affect Value?

[jmitro]

BoxMann I understand your patience and desire to get a good car. I just have a different view than you. The car has already depreciated so any value when you want to sell it is going to be purely subjective between seller/buyer. Having a bodyman look at a 10 year old repair for is just not necessary IMHO. Maybe for a $50,000 vehicle it would be different, but at this vehicle age and price point, if the car checks out with a PPI then go for it. But as mentioned above, there are lots of cars out there

I've purchased about 20 used Porsches and BMWs in the past 15 years and I've never had a PPI done. To me, fixing the car up is part of the fun. My current project is a $3000 Boxster that was in a minor front end collision

[BoxMann]

JM,

Quite clearly, you're very experienced with used Porsche's and do a lot of major work on them. I'm not in that position at all. I've bought many used cars in my life and never did a PPI on any of them, and never bought a bad one, but I never bought a used Porsche before. Porsche's are a little different than Honda's and VW's. You miss one or two things on a Porsche and that could cost thousands.

Quite possible that after I buy a few used Porsche's over the next 5 or 10 years, I'll be more in your mindset.

Happy New Year, sir.