How Much Value Does A Car Lose After An Accident?
Automotive Accident Repairs
No matter how big or small a car accident is, it is always a stressful situation. While it might not be in your immediate thoughts after experiencing a collision, you may eventually wonder: How much value does my car lose after an accident? We’ve been in the automotive repair business for quite some time, handling everything from minor repairs to extensive restoration. Our highly trained technicians are here to help you through any damage and answer any concerns you may have about your car’s value after an accident repair. If your vehicle needs a repair, contact Portsmouth Auto Body Center, and we’ll take care of the job!
Learn About Certifications View Auto Body FAQsWill My Car Be the Same After an Accident?
Let’s dive into some things to consider when getting your car repaired post-accident. Though your vehicle may be fixed and look brand new again, the car will now have a history of damage. While it highly depends on the situation, your car will lose a percentage of value. This is otherwise known as “diminished value,” which can decrease your resale value if you decide to sell your car in the future. Most of this can be traced back to the fact that many body shops use aftermarket automotive equipment, meaning they are generic parts as opposed to OEM parts. OEM stands for Original Equipment Manufacturer, and these parts were specifically designed for your vehicle. Lucky for you, our dealership is a proud OEM provider, so you’ll never have to second guess the value of your repaired parts! If you’re concerned about how much value your car loses after an accident, our genuine parts and quality repairs will help lower the depreciation percentage.
Assessing Vehicle Value
Car value depreciation is inevitable, and accidents can further hinder your car’s worth. The good news is that our team can help leverage your car’s value with our quality service and our use of genuine parts for repairs. Brand-specific equipment and top-notch care can help ease the stress of wondering how much value your car loses after an accident. We have free estimates, expertly trained certified staff, and convenient service turnarounds to help save the value of your vehicle.
Schedule Your Car Repair Today
In the aftermath of a collision, you may question: How much value does my car lose after an accident? Contact Portsmouth Auto Body Center to learn more about the repair process, and make an appointment today!