The Reality Check
Resale values do not consistently correlate with the initial purchase value of most products, including cars. But here's the nightmare almost every car owner experiences: They are often offered significantly less than they expected, simply because of a small dent that was ignored.
While the value of all cars naturally decreases over time, collisions can further reduce their value. On average, an accident can decrease car value by $500.
How Damage Affects Your Car's Value
People judge cars by appearance. Buyers can see scratches, dents, and hear unusual sounds.
A car's damage history cannot be hidden for long. Even small collision impacts result in harsh market resale value drops.
What the Numbers Say
The moment you drive a new car out of the dealer's lot, your car loses 9% of its initial value.
A $5,000 bumper repair might seem expensive, but not fixing it could reduce resale value by $2,500.
Buyer's Perception
To you, the exterior damage is just a scratch or tiny dents. To buyers, it's a big deal considering repair costs and potential future issues.
How to Secure Up to 75% of Your Car's Resale Value
Keep Mileage Low
Mileage is a core factor affecting resale value. High mileage indicates potential wear and tear. Use public transportation when possible to preserve value.
Get Professional Repairs Early
Minor repairs like small dents can become major issues if neglected. Early attention prevents escalation and protects resale value.
Maintain Service Records
Regular maintenance per manufacturer instructions maximizes value. Documented maintenance records build buyer trust and boost resale price.
Use OEM Parts & Certified Shops
Original manufacturer parts ensure compatibility and efficiency. Certified shops provide quality collision repair with post-repair scanning to identify hidden damages.
