- The severity of the accident
- The cost of repairs
- The age of the car
- The make and model of the car
- The mileage of the car
In general, a car will depreciate more after an accident if the damage is severe and the cost of repairs is high. Newer cars will also depreciate more than older cars, and luxury cars will depreciate more than economy cars.
On average, a car can depreciate by 10-20% after an accident. However, if the damage is severe, the car may be totaled, which means it is worth less than the cost of repairs.
In addition to depreciation, a car that has been in an accident may also be more difficult to sell. Some buyers may be hesitant to purchase a car that has been in an accident, even if it has been repaired.
If you are considering buying a car that has been in an accident, it is important to do your research and make sure that the car has been properly repaired. You should also get a vehicle history report to check for any other accidents or problems with the car.
