How much does an accident devalue car? accident was 3 years ago, car is great. Don't know how much less I should be asking for it.

Asked by Oct 20, 2016 at 03:02 PM about the 2010 Acura MDX AWD Elite Pkg

Question type: Shopping & Pricing

Mileage is relatively low, 115000

2 Answers

305

There's no specific dollar amount per accident, the type of damage and extent of will make a difference. Having proof of what was replaced, and by whom helps, vs "take my word for it". Someone slid on ice and you needed a new bumper cover? Few Hundred maybe, took out the front end of the car, couple thousand. I would look at a number between average NADA, KBB, Edmunds, whichever you prefer lists for suggested trade and suggested private party prices and be ready to get lower offers. Its the overall condition of the car, appearance and mechanically that concern a buyer, most cars have a reported accident, some major, some minor. If there was no frame damage and it was fixed proper I wouldn't worry if the owner had done proper maintenance and cared for the vehicle otherwise.

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What I look for on a Carfax if an accident pops up is airbag deployment, frame, or undercarriage damage. I also pay attention to how much time has passed since the accident until the vehicle is being offered for sale. If it's within the first year or so of the accident, I keep shopping. But you're 3 years out so that tells me the vehicle was repaired correctly, you continued to drive it, but now it's time to move on. If anything I'd move down a price classification on the asking price. If you think it's in excellent condition, for example, use the good condition price range. Always ask more than you expect to get. This way a potential buyer can talk you down without undercutting what you really think the vehicle is worth. HTH. -Jim

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