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Selling a car after a crash

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Comments

  • Bowdyjan18
    Bowdyjan18 Posts: 316 Forumite
    Wanna go for a pint then?:rotfl:


    lmao sounds like a good idea :D
    Jodun wrote: »
    One or two people have said to me that potential buyers will be able to find out that the car has sustained substantial damage but not been written off, and that could knock £1500 off the value of the car. Is that right?

    yes it is :(
  • artbaron
    artbaron Posts: 7,285 Forumite
    Jodun wrote: »
    One or two people have said to me that potential buyers will be able to find out that the car has sustained substantial damage but not been written off, and that could knock £1500 off the value of the car. Is that right?

    More than that, I would imagine. I checked out a couple of Clio V6's recently that had received very light damage (panel only) and the owners were offering to discount from £11/12K to £8K
  • jonathon
    jonathon Posts: 755 Forumite
    Part of the Furniture 500 Posts
    Jodun wrote: »
    One or two people have said to me that potential buyers will be able to find out that the car has sustained substantial damage but not been written off, and that could knock £1500 off the value of the car. Is that right?



    no its not
  • Bowdyjan18
    Bowdyjan18 Posts: 316 Forumite
    jonathon wrote: »
    no its not


    Explain........ ?
  • anewman
    anewman Posts: 9,200 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I guess if the car is inspected by a professional worth their salt prior to purchase they may notice the repairs.

    Thing is for every person who wants to check everything, there'll be someone who can't be bothered checking anything and will just sign the V5.

    I guess it would be nice to be a genuine seller and to describe the car fully and honestly though. So it may be a case of don't mention the repairs and you'll sell for more.
  • roswell
    roswell Posts: 2,447 Forumite
    Jodun wrote: »
    So many people have said that to us, even someone we know who works at the garage said 'I can't believe we're fixing it, your car will never be the same again.' Great.

    They will be correct, Mine got "repaired" what it turn out was the bent panels were replaced and a new exhaust, my rear tyres pre accident were 5mil tread all over with in 1000 miles of getting the car back id worn the inside edges out, replaced tyres got tracking done they identified play in the steering colum, in the end it went on a big lazer rig got it all aligned in total it was all out something stupid liek 25 degree`s (car had been crabbing since the crash) this got the car "Straight". Took it for its mot 2 weeks later snaped a rear spring and loose front anti roll bar link, replaced springs replaced tie rods iv now dont about 5000 miles in it since the accident and my front shocks are knocking and im expecting bottom ball joints as well.

    its all well sticking some metal on it and painting it but the impact has a lot of force and in my eyes these parts have worn out due to that force because as i replace something it seems a path of least resistance to the next part and 2 weeks later something else brakes.
    If it doesnt pay rent sell it.
    Mortgage - £2,000
    Updated - November 2012
  • Jodun
    Jodun Posts: 181 Forumite
    Have you had to pay for all those extra repairs yourself roswell?
  • Tbh theres a bit of panic mongering here.

    If the repair is good then it shouldnt be an issue. As for devaluing, It depends on individuals. Some people won't be phased otheers will. its hard to put a value on the isssue of price. That aside a 90k 5 year old audi is always going to struggle to attract buyers at the upper price scales anyway.
  • roswell
    roswell Posts: 2,447 Forumite
    Jodun wrote: »
    Have you had to pay for all those extra repairs yourself roswell?


    yes, the underwriters refused to fund more repairs to my vechile because thier prefered body shop who did the panal and paint work advised they dont check geometry pre return and any items that have failed could be wear and tear.
    If it doesnt pay rent sell it.
    Mortgage - £2,000
    Updated - November 2012
  • Silk
    Silk Posts: 4,836 Forumite
    Part of the Furniture
    I think the point to bear in mind when putting a value on a car is to bear in mind what happens when a car is put up for sale.
    If there are two cars for sale side by side, both identical same condition same mileage same colour and extra's etc etc etc. If the only difference between them is one has suffered severe damage and been repaired which one is the buyer going to purchase ?
    The only way to entice a buyer to purchase the accident repaired car is to offer a reduction in price ;)
    IMO the repaired car is going to have a lower market value than before the accident
    It's not just about the money
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