Accident cars. Opportunity or disaster waiting to happen?
As many as 40% of vehicles on U.S. roads have sustained damage during their lifetime—that’s about 110 million cars!
The good news is that accident cars can still be a smart investment, if you keep a few things in mind:
- Damage details and severity: The average impact of an accident on retail price is about $500—but that jumps to more than $1,700 for a vehicle with severe damage.
- Service history: Knowing when the accident occurred and who repaired it can alleviate consumer concerns.
- Point of impact: The more information consumers have, the more confident they’ll feel about purchasing the vehicle.
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