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Does anyone know what is the estimate depreciation value for any car has been involved in major accident? For example: Myvi body frame has been weld back by Perodua but other parts is remained the same.
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How can we
assist you?
1 Answer
Hi Bobby, it really depends on the seriousness of the damage your car sustained to know its depreciation rate. However, for a fact, the price of your car will go down drastically, even if its rebuilt/fixed.
A normal car depreciation is between 15-35% on the first year, but car that has been in an accident before will depreciate 10%-25% more than its average depreciation rate.