CAR-BUYING QUESTIONS
Will an accident on my car's history report lower my trade-in value?
Usually, yes. Many buyers and dealers pay less for a car with a reported accident, even when it was properly repaired, because it can be harder to resell. The impact depends on severity, whether airbags deployed, frame or structural damage, and how well it was fixed. Branded titles such as salvage or rebuilt reduce value much more. Having repair invoices from a reputable shop can help reassure an appraiser that the work was done right.
General information, not legal or financial advice; rules vary by state and lender.