Aug
28
28
Diminished value on car?
Posted by admin
I was in an accident the other day, rear ended. I was not hurt and the damage to my car was minimal, But i was told that the accident would be reported to CARFAX, and would hurt my future trade in value, i trade every 2 to 3 years. Is this true, and what can i do?
well theseare the signs of the times we live in i’m almost sure you will have to do a private sale if you want the money you feel as though you deserve however when trading in at the dealer how much can they actually knock off the resale value check the blue book on the re sale value of your auto.
There’s really nothing you can do as dealerships may appraise a car however they want. The burden is on you to accept their appraisal or move on. If it was ‘minimal’ I’d say the depressed auto market will mean more dealerships will work with you.
Failing that, try a private sale. If you deal face-to-face with the end-user, you may get closer to what you want for it.
References :
well theseare the signs of the times we live in i’m almost sure you will have to do a private sale if you want the money you feel as though you deserve however when trading in at the dealer how much can they actually knock off the resale value check the blue book on the re sale value of your auto.
References :
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