DISCLAIMER: A little longer post than I'd like, but a question I'm dying to have answered...

I have a quick question in regards to the resale value of my S. I bought the car off of my friend who barely drove the car but just had some bad luck having people bump into him. First, someone backed into his fender (minimal damage - dent popped, new paint) but that required a police report since it was a sticky situation with the other driver. Second, someone not paying attention served into his lane head on causing him to swerve off of the road. It apparently caused so much commotion with the surrounding drivers that police came to the scene and took his information. I recently looked up the carfax on my car and it shows two accident indicators (one for each of those events). I know that the car has been meticulously well kept and has all VIN stickers (except front bumper b/c I recently had it replaced from a small run in with a solidified mount of dirt on the shoulder of the freeway that ripped off the lip and cracked the bottom corner) I'm wondering if this will drastically affect the resale value of my car or if the car just speaks for itself since it's in mint condition in every other way? (No dents, no scratches, new top - under warranty, clean interior/leather)

Any and all input is appreciated. THANKS!

 

I think the best defense would be to get pictures and the body shop work receipt for the work to prove that it was a minor repair. It'll probably lower your resale some, but if you have documentation it shouldn't be bad, IMHO.

 

I second this course of action. Be upfront with any potential buyer and explain the 2 events. The receipts showing the replaced parts should put most people at ease that it wasn't a MAJOR accident..

 

Your car has now been in 3 "accidents" .....not serious ones but 3 none the less. Some young guy anxious to get into his first S might not care but anyone else looking for an S that might have a few to choose from might choose yours last. Put yourself into their shoes.

 

Cant you just trade it in assuming your car is payed off and avoid the headache?? This is of course if it was a big deal to sell it privately

 

I'm having a similar issue with carfax and my prelude, they show that I hit something and that it needs to be reported if there's over $500 in damage. Well I was hit and the cost of repair was well under $500. They also have records from a Honda dealer 2 years apart but only 5 miles different which makes it look fishy. I have to work with them tomorrow to get that corrected before I try to sell the car.

 

Based on condition (engine, body, interior, way it's been and is driven) I'd def choose my S over 95% of S2's out there but if based solely on the paperwork, it would probably fall somewhere lower. I know it's not a big deal but from time to time I find myself bothered by it but then again I'm super anal and ocd. oh well, I'm over it!

 

yep, documentations is always the key, with everything every member send in this topic, the plain oh usual fact, you let it go for what you think its worth, and the buyer pays what they believe your car is worth.......if nothing works out. meet half way=p

 

If you trade in a car you can bet they are going to run a carfax on it, and the accidents will come up, at which point the stealership will probably try to screw you.

I agree with others, if your going to sell the car privately be upfront with people and expect to get less then others are getting in your area.