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.
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.