4 ms·
Yes, but you also paid half the cost to acquire the car. You're just paying less in depreciation for the time you use it.
by mlyle 1y ago
Yes, but you also paid half the cost to acquire the car. You're just paying less in depreciation for the time you use it.
- leakycap 1y agoMy last car got minor hail damage across many panels, it was a difficult PDR for some reason - when I traded it in it was worth 1/4 what KBB would have been for a similar year and mileage without dents Even trying to sell it myself for around 1/3 KBB "good" value took 2 months because the next buyer can't get financing on a car worth very little, so you have to find a cash buyer who doesn't care how their new ride looks. It's rare for anything other than $2,500 cars
- lelanthran 1y ago> next buyer can't get financing on a car worth very little, so you have to find a cash buyer who doesn't care how their new ride looks. The idea is to be the next buyer who is paying very little because of the hail damage.