Not all accidents are equal. Understanding the difference between cosmetic and structural damage is critical for safety and long-term reliability.
If repair costs exceed roughly 75% of the car's value , an insurance company may declare it a total loss. 2. Understanding Title Status
Buying a used car with an accident history can be a strategic way to save off the market price . However, the level of risk varies significantly based on the severity of the damage and the quality of the repairs. Approximately 40% of vehicles currently on U.S. roads have sustained some form of damage, meaning these cars are common in the marketplace. 1. Assessing the Severity of the Accident