Determining the Value of a Car After an Accident
Being in a car accident is a scary experience for anyone—no matter how minor or severe the crash. Your first concern should always be the safety and wellbeing of yourself and any passengers that were in the vehicle at the time of the collision.
But once all injuries are treated, and the dust has settled, there’s often another looming issue: determining the value of a car after an accident.
Any vehicle property damage incurred in the collision will have an effect on the value of your car post-crash. It’s very possible that you will be dealing with diminished value, which can impact how much you can sell your car for in the future. Even a new car completely repaired after an accident can have a lower market value than an older one that was never involved in a crash.