|
Carfax Accident / Damage - Impact to Valuation
I just looked at a Boxter that has low miles...<40K. The car is clean inside and has quite a few rock chips up and a few more on two of the fenders. The Carfax report says it has Accident / Damage reported due to a "left side impact" and it says the car was Functional and could be driven away from the scene. When looking at the left side I see no signs of anything major that happened. Door is perfectly aligned paint seems to be consistent so I am not sure what really happened. I guess the best thing would be to let a body shop look at it for an assessment. In the meantime, How do you think this news impacts the valuation of the car? I am thinking this could have been something minor...but the blemish on the Carfax report will always be there...
|
What year Boxter?
Does the seller know the history of what happened in the accident? That makes a difference. I bought a BMW335I for a great deal I found out that it had been in accident, I actually got hold of the police report about the accident to see what happened the car was a leased car that ran up on to a median and popped the two front tires. Took it in to a local BMW had them check out the car and they said everything was fine structurally with the car. I don't think a repaired fender bender accident effects a cars value much at all, bent frame? whole other deal. |
It will always be there. It will always lower the value.
Every dealer now runs a Carfax before they take a car on trade. Your only hope will be to sell it to someone who doesn't use Carfax. Richard Newton Useless Tech Stuff |
Carfax - Deminished Value
If you are getting a really good purchasing price on the Boxster and are pleased with the car and it doesn't have the IMS issue - - I would buy it . . . IMHO of course . . . they are fun modern roadsters . . .
Eleven years ago we went thru an accident/carfax/DV experience with a Boxster . . . learned a lot . . . Carfax is not always accurate - not all companies report accident repair to Carfax. Insurance companies have their own accident/repair data base. Lawyers are not very experienced in DV claims. Some accident appraisers don't help the process. We went thru the whole process and got $1000 of claimed $10K - should have taken Allstate's $2500 offer up front. Can use DV as a "Loss" on income tax . . . if you are brave . . . Insurance companies look at car repair as restored to like new condition/specification . . . Regards, |
Do some searching and see what you find.
For some reason -50% is something I've heard before. |
| All times are GMT -8. The time now is 10:56 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2026, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website