Will my vehicle’s CARFAX impact its trade-in value?
A history of accident damage may decrease the value of your car, truck or SUV. However, if the damage was relatively minor or the vehicle was fully restored by a reputable body shop and mechanic, the impact on your vehicle’s trade-in value may be negligible or even non-existent.
How an accident may affect your trade-in value depends on whether there’s any damage visible and whether the damage will reduce the life-expectancy or performance of the vehicle.