Thread: Diminshed Value
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Old 10-18-2020, 09:00 PM   #18
jocko
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Join Date: Oct 2009
Location: Godley, TX
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Re: Diminshed Value

In my mind, loss of resale value due to a accident really only applies to more modern vehicles. For instance, if you were looking for a 3-5 year old daily driver, a carfax report that showed accident history might hurt price a little - because there are tons of similar vehicles out there without an accident history. I do not think it matters for old classics beyond 20-ish years old. To me, the furthest back it would really matter would be an accident on a relatively low mileage T400 era truck.
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