Will or how much will the value of my vehicle diminish because of an accident?
With technology and the ability to easily research vehicle history, diminished value is a real concern. No one prefers to purchase a vehicle that has been in a wreck. Several factors affect the loss of value of a vehicle after a wreck, such as the age, mileage, and condition of the vehicle pre-collision. Generally however your loss after a significant collision will be 25% of the value of the vehicle.