[racer]

To me it comes down to expectation and livability. If you expect to find a 20+ year old car without accident, then look for that car. Don't look for one with repaired damage and expect a discount. It sounds like you are buying a "price" and not a car.

Personally, it would bother me to no end buying a car with accident history. So much so that there might not be a reasonable price discount.