Buying a car that has been in an accident—often referred to as a "collision car"—can be a strategic move for the right buyer. While the word "collision" might sound like a red flag, these vehicles often represent a massive opportunity for savings if you know what to look for. Whether you’re a DIY mechanic looking for a project or a budget-conscious driver, here is everything you need to know about the market for accident-damaged vehicles. Why Buy a Collision Car?
Never buy a collision car without a professional mechanic checking the frame and safety systems (like airbags).
Buying a collision car can be a high-reward venture if you do your homework. By focusing on cars with rather than structural ones, you can get behind the wheel of a great vehicle for a price that fits your budget. Should You Buy a Salvaged Car? - Auto City Credit buy collision cars
You can often find late-model vehicles with minor cosmetic damage for a fraction of their clean-title market value.
The insurance company has deemed the car a total loss. In most states, these cars cannot be driven on public roads until they are repaired and inspected. Buying a car that has been in an
For those with mechanical skills, buying a "total loss" vehicle from sites like Copart allows you to rebuild a car to your exact standards.
The primary driver for buying collision cars is the price. Research shows that vehicles can lose immediately after an accident. For savvy buyers, this depreciation is a massive discount. Why Buy a Collision Car
Many standard insurance companies are wary of salvage titles, and finding a bank to finance a wrecked car can be difficult.
