How Much Does Hail Damage Devalue A Car ?

It can be very tempting to buy cars with damage from hail storms because they come at very low, affordable prices. Those who are looking for a run on their money to get a car in perfect running condition tend to disregard superficial imperfections. However, there may also be a few drawbacks in overlooking the actual value of hail-damaged cars.

If you’re in the market for second-hand cars with huge discounts, you might want to look into a few things before closing a deal. At some point, you should at least consider how much does hail damage devalue a car.

Things to Consider Before Buying Cars With Hail Damage

Answer the three following questions so you can paint a picture of a car’s true value despite its damages.

How much will you benefit from the deal?

If you ask most car dealers, damages on the car’s outer layer devalue the vehicle at a significant level. Although, they might also recommend assessing the car on the condition of the engine and the mileage.

Some car dealers ensure that they would have fixed all the damages. It’s easier for them to find a buyer if the car has a presentable face value and functional engine.

But then, the prices might have already increased with top-up charges for the return of additional investment on repairs.

Find a way to get a professional opinion on the condition of the hail-damaged car you’re planning to buy. You have to calculate the vehicle’s total value in terms of its current selling rate and the possible amount you’ll have to pay for extra repairs. Will the deal come out beneficial for you?

Is the current value worth more than how much it’s devalued?

It would be best if you asked your car dealer about how much the car has been damaged from the hail storm. Minor damages are easier to repair even if it gets left with slight unnoticeable evidence. Major damages are much more challenging to restore, which means that it has lost most of its value. You will need full transparency for this kind of information.

Is the car dealer offering a warranty?

A salesperson who is totally confident with the product they’re selling won’t think twice about offering a warranty or a money-back guarantee. If your car dealer hesitates to provide you with one or never brings up the topic at all, you may want to reconsider your plans in buying the car.

If you don’t have anyone to ask for expert advice on buying hail-damaged cars, you should look for a trusted car dealer instead.

Final Thoughts

You can measure a hail-damaged car’s actual value based on how much the vehicle was devalued. The fair point is to find out the exact damages the car has experienced. And even if it requires extra repairs, the total amount you have to spend must work at your advantage. The bottom line is for you to get the best deal out of the car you’re planning to buy.
Check out Colorado’s auto hail experts. Contact Hail Free Solutions for your car repair needs.