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Car Forum / Driving, Maintenance, Tuning / General Car Topics / January 2007

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accident in the title -- does it reduce price?

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Arkadiy - 17 Jan 2007 16:53 GMT
Hi all,

My car (Toyota Sienna 2004) was in accident 3 years ago -- somebody hit
me in the back.  The title sais:

"Accident reported in Bergen County involving rear impact it hit
another motor vehicle.  Rear area primarely damaged".

I had it then fully fixed in the dealer's (Toyota) shop.

Does this record reduce the market price a lot?  Can I still use the
Blue book to estimate projected price (the book says the car should
have "clean title history")?

Thanks in advance,

Arkadiy
Tom The Great - 18 Jan 2007 19:36 GMT
>Hi all,
>
[quoted text clipped - 13 lines]
>
>Arkadiy

imho:

Market is driven by what people are willing to pay for the item.

If the car is in great condition, after repairs, wouldn't you use that
as a factor in determining the sale price?  Just remember to share
with the buyer the whole truth.

tom @ www.YourMoneyMakingIdeas.com
 
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