Will accident and fire in carfax affects resale value?

10

Asked by r306 Nov 23, 2020 at 02:22 PM

Question type: Shopping & Pricing

If a car had an accident claim (less than 3k) and fire claim (less than 2k) will it affect the resale value? If so how much reduction should it be if the car is worth say $10k

4 Answers

Of course it affects the value. Would you pay full price for a car like this?

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40,260

I would discount the vehicle 50% if it was me.

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155,645

I would run away from it, if it were me! It's obviously cursed!! Jim

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10

I didn't buy it. I heard someone did. Must be really stupid to pay so much for a car with that kind of damage.

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