Accident Damage and Resale Value - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
The Pub For General Discussion

LinkBack Thread Tools Display Modes
post #1 of 7 (permalink) Old 07-05-03, 07:03 AM Thread Starter
Veteran Ford Member
Join Date: Jul 2001
Location: In a Dark Cave
Posts: 5,316
Accident Damage and Resale Value

I was reading in a thread in the AU Market about a vehicle that had been damaged and repaired and was (obviously) for sale.
Some silly amounts were mentioned as the vehicle had been damaged and repaired.

What effect does properly repaired damage have on resale?? Would a Phase III that would be worth $60-70K in perfect condition really only be worth $30K because it had been damaged and repaired??

Obioulsy the preference would be to have a vehicle that had never been damaged but what sort of penalty should be paid for properly repaired damage?

Last edited by xacoupe; 07-05-03 at 06:51 PM.
xacoupe is offline  
Sponsored Links
post #2 of 7 (permalink) Old 07-05-03, 07:26 AM
Join Date: Jun 2002
Location: Bendigo,Victoria.
Age: 40
Posts: 6,039
Re: Accident Damage and Resale Value

That's a tuff one, me I would prefer a vechile with a known history and would proceed very cautiously if I new it had been damaged but If you had every thing checked out and the repair's were carried out profesionally and to a very high standard then I dont see a problem with asking the right price,some times they can come back to a customer better than when it left the factory,but then again it will allway's be on the back off your mind, I had my little laser ran into in the rear by a dickhead but one of my mate's who I beleive work's at the best panel shop in Bendigo, repair it to top notch, better than before,but atleast being honest is a good thing when it come's to telling the history of one's vechile when for sale.

Herrod mod's,mmmn.
XW Wagon 221-2V,
Laser a maser.
galaxy xr8 is offline  
post #3 of 7 (permalink) Old 07-05-03, 07:16 PM
ex ea driver
Join Date: May 2002
Location: Bendigo
Age: 32
Posts: 596
Re: Accident Damage and Resale Value

If cars are repaired correctly they they will normailly come out of a pannel shop in better condition then they left the factory with, like press marks in door skins, door gaps just little things, but i believe that it shouldn't change the value of the car.
CATman is offline  
post #4 of 7 (permalink) Old 07-06-03, 03:45 AM
T5 Expert Operator
XR_Strider_GuY's Avatar
Join Date: Apr 2001
Location: 3Fb Skunk Works(JXR01 Dev)
Age: 37
Posts: 6,542
I guess it depends on whether one knows if the car has been in an accident or not. When you trade a car in the dealer, you are not required to let them know if the car has been in an accident. Also if the car has been repaired properly through comprehensive insurance it should (being the operative word) be repaired back to the way the car was before the accident so hence it shouldn't devalue the car in anyway.

But by the same token if one individual can prove an accident repair that he/she is not happy with, then no doubt the price of the car will be devalued abit.

Motor May 2001 Quote: "Believe it or not, there are actually a bunch of weirdos out there who reckon a six cylinder is the dux gutz. Bugger it: I'm one of them" :s5

AUII Late Ed XR6 HP T5 Venom- Full Tickford Body Kit, 17in Wheels, Herrod Bi-plane Spoiler, Momo Steer/Gear, T-Series Interior Options, Premium Stereo and a very light-tuned 4.0L I6

(FPV-Tickford Club of NSW Member and Co-Founding Member of 3FB Inc, Ford Forums Food Bandits)
XR_Strider_GuY is offline  
post #5 of 7 (permalink) Old 07-06-03, 05:01 AM
XRated's Avatar
Join Date: Jan 2003
Location: A Shoe
Age: 32
Posts: 4,356
I think a lot of it has to do with peace-of-mind. I'd much prefer knowing that I am buying a clean car as opposed to an accident repaired car. Maybe the feeling inside that it wasn't repaired to the best standard...? I mean, if a car has been in a fairly hard accident, I don't see how lots of areas may have been affected and not dealt with (ie. minor things that might not have been spotted).

Originally Posted by Sundeep
Eh Yagz, suck my left teste mate I'll have boost for $1k, even if it is only 1 pound.

Check my ride, HERE
XRated is offline  
post #6 of 7 (permalink) Old 07-06-03, 08:24 AM
Village Idiot
EFJase's Avatar
Join Date: Oct 2002
Location: Perth, WA
Age: 32
Posts: 2,526
Re: Accident Damage and Resale Value

If its done properly, it should be ok.

With rare/collector cars it will be devalued. Just like a rare comic book in its orig wrapping, perfect cond, is worth more than a open one in thew same condition.


TPC Mod/henchman
previous rides;
1st car EA Fairmont Ghia, extractors, exhaust
2nd EF GLi, 'custom' interior, extractors, exhuast
3rd EA Fairmont 5spd, low'd, extractors, exhuast, head
work, 3.45LSD, EL dash, interior+ El ECU
4th EB2 Fairmont, EL dash and interior, BBM, LSD etc etc
5th EB Fairmont Ghia 5L. All leather, lowered, exhaust etc
EFJase is offline  
post #7 of 7 (permalink) Old 07-06-03, 03:49 PM
the terrine machine
terrine's Avatar
Join Date: Jun 2003
Location: Cairns Queensland
Age: 56
Posts: 50
my thoughts on this one are that if repairs are of a high standard that no penalty is brought to the car. in fact many of the more expensive and collectable cars,particularly racecars, have had extensive repair and restoration work....thats not to say that there may not be a premium for mint examples (if they exist).

terrine is offline  
Sponsored Links

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > The Pub

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome