So what’s your car worth after it’s been wrecked and reconditioned? Probably not as much as is was before the wreck.
No Damage $30,000
Previously Damaged $24,000
The cars above are identical in every way but one. The bottom car has had 8,000 worth of damage fixed on it. As demonstrated by the Newton’s Cradle below, inertia travels to places that may not be initially visible. So even though a car has been fully repaired, welds, bolts and general structural integrity could have been compromised. Add to this the perception of the normal person that a wrecked and rebuilt vehicle is not only worth less, but also less safe, and you have diminished value. Recent Oregon legislation has passed House Bill 2190, which could assist you in receiving a fair value for your car. One of the main prerequisites is an Unbiased Appraisal of your vehicle.
