What’s my car worth after an accident?

Before your vehicle has damaged in an accident, it was one of your prized possessions. As it has served you with many years of faithful service. But after the accident, you may be thinking of repairing your damaged vehicle. However, if it has been wrecked beyond repair, you might be keen on getting rid of it.

Before you begin to search your options, you will need to know what the worth of your accident damaged car is. Most of the people consider accident damaged vehicles as completely worthless. This is truly understandable because when you have an unrepairable vehicle that is a total wreck, it is easy to assume that it has less or no value.

However, sometimes it’s not quite as easy to see why your car is worth less. In this post, we have explained what effect an auto accident has on an automobile worth regardless of whether it is repaired or unrepairable. Basically, it depends on the severity of car accident, your insurance company and the auto dealership’s assessor. If you just had a minor collision that left your automobile with a broken or damaged headlight. You can consider replacing it with a new car. A minor accident won't have much effect on your automobile’s worth because any repairs on it won't be easily visible.

Conversely, if your vehicle was involved in a severe collision, it may have badly dented body panels, damaged suspension, etc. At that time, you may consider to use a scrap car removal service. Even if you think of getting it repaired by a professional, most of the people won't be willing to invest in a vehicle that is previously damaged.

After the collision, your automobile vehicle history report will have “accident” on it. Additionally, if it had any damage in its structural frame, even the most professional body shop will never be able to put it in a perfect condition. From the viewpoint of insurer, your vehicle has lost most of its value and also known as “Diminished value” depending on the value of your automobile prior to the accident.

The effect of accident on the value of an unrepairable vehicle:-

If you don't think it is worthwhile to invest money and time in your damaged automobile. You may better consider selling it to a junk car removal corporation. They will pay you cash based on its gas, make, model, mileage and severity of damage. Generally, a vehicle with just 20% damage is not difficult to sell and should probably be fixed.

In conclusion:-

After you had an accident, you will probably get 30% of its value post repair. But if it is damaged beyond repair or you just don’t want to repair it, you may find it really difficult to make good cash out of it. Better to get in touch with free used car removal service and ask for the best cash price.
Location: Sydney NSW, Australia

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