How Accidents Impact Your Car’s Value
Diminished Value Calculator
We buy used cars for cash in Honolulu – and we know that accidents happen. From minor fender-benders to more serious crashes, any accident can leave a small ding in the fender or result in major damage that may cost a small fortune to repair. The bad news is that even if you have repairs made and your car and it looks as though it’s never been in an accident, it will affect its value.
You can find a diminished value calculator online to get an idea of how much the damage will affect the car’s value.
Sometimes it’s tempting to not mention the fact your car has been in an accident when you’re trying to sell it, whether to an individual or a dealer. The problem with this is that today, those interested in buying a vehicle need look no farther than CarFax or other agencies to learn whether a vehicle has been damaged in an accident. Even if a potential buyer doesn’t find proof of the accident, it isn’t too difficult for those interested in buying your car to inspect it for “tell-tale” signs it has been repaired.
If you are thinking of selling your used car for cash in Honolulu and it was involved in an accident, the best thing you can do is to have any necessary repairs completed and make sure it is in good working order mechanically. Just because your car was damaged in an accident doesn’t mean it isn’t a great vehicle for someone! That said, even when repairs are perfect the value of your car will be lower than it was prior to the accident. It’s one of those facts of life we all have to deal with.
If you’re wanting to sell your vehicle and get cash now in Oahu, be sure to fill out our online appraisal form. We can get the cash you want today if you meet our criteria! CarMark Hawaii is the best in the business, just ask anyone who has worked with our friendly, knowledgeable staff.
