Forum Discussion
mich800
Apr 12, 2018Explorer
I cannot believe this is still being debated. Diminished value for automobiles is a proven fact. This is not some mico concept on one vehicle repaired at a quality shop. This is a macro concept and consumers in fact will pay less for a vehicle that is known to be in a serious wreck. Comparisons between appreciating assets like homes with depreciating assets are not valid. And repairs done by the manufacturers during production or delivery are not the same type of damage discussed. Would you pay the same price for a properly repaired salvage titled vehicle? The consumers have spoken and the answer is no.
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