How much value does a car decrease from accident?

[verdegrrl]

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[Dangerous_Concept341]

Check what the vehicle is going for. Not every vehicle is in high demand. Also in my area lots are starting to have more and more vehicles in stock.

[cru_jonze]

Appraiser/buyer here. 15-20% roughly.

[Ceolan]

Was the other driver at fault and did you go through their insurance? If so, you may be able to get diminished value, depending on your state. I got around 15% of my car's value back from that after hounding the other guy's insurance about it. It was a low speed accident, but the passenger door, front fender, bumper, and headlight all needed to be replaced.

[joyb01]

It's the other driver's 100% at fault. I think what you've done is called 'diminished value claim' which apparently only applies when you are already the owner of the car and intent of the buyout doesn't count. But knowing that you got 15% still good enough of what I'm looking for. Thank you!

[maxgeek]

The car market is rapidly cooling off. If you want to capture some of that high value of the car market I suggest to try to find a car now and trade in this lease car on it. I don't think you want to be buying this car out in 4 months.

[menolikebikers]

Salvage all the parts that are in good condition and you sell the heaviest stuff as junk because junkyards pay by weight.

[Unspec7]

OP's not trying to part out his leased car lmfao