Topic: Selling Vehicle w/Accident History

[1TSX]

So, we might be interested in a new 08' Impreza 2.5i, Sport Pkg, Sedan. We would need to sell/trade in our 01' Accord.

Its in excellent condition, no problems...I just like to change once in a while. However, there is one problem: it was in an accident. $6000 in damage, replaced with all HONDA parts.

Because of this, trade in value will plummet. I know that. IF I sell privately, do I need to let the buyer know that this vehicle was in an accident?

I know about the Seller's package in Ontario, but theres nothing about accident claims: you would need a Carfax/CarProof report for that, correct?

[random006]

It would seem to me that misrepresentation is misrepresentation, regardless of the client.  Even if the law somehow allows you to do this at the point of sale, you might face a civil suit should the buyer find out about it later.  "Caveat Emptor" only goes so far.

At the very least, your name would be mud.

[1TSX]

Oh I know, I am just wondering if there are legal concerns, etc.

I wouldn't lie, but if the buyer asked, I would of course tell them.

I probably won't sell privately, its too much of a hassle, especially if the car isn't perfect. I would most likely keep it.

[airbalancer]

IF I sell privately, do I need to let the buyer know that this vehicle was in an accident?

If they ask , tell them

[mdxtasy]

So, we might be interested in a new 08' Impreza 2.5i, Sport Pkg, Sedan. We would need to sell/trade in our 01' Accord.

Its in excellent condition, no problems...I just like to change once in a while. However, there is one problem: it was in an accident. $6000 in damage, replaced with all HONDA parts.

Because of this, trade in value will plummet. I know that. IF I sell privately, do I need to let the buyer know that this vehicle was in an accident?

I know about the Seller's package in Ontario, but theres nothing about accident claims: you would need a Carfax/CarProof report for that, correct?

Man, that's 6 years...in that same time....Ovr's been through 4 cars already. 

If you sell privately, chances are the buyer is going to pull a carproof report.  It will come up....

[1TSX]

IF I sell privately, do I need to let the buyer know that this vehicle was in an accident?

If they ask , tell them

Yep, that was what I would do.

So, we might be interested in a new 08' Impreza 2.5i, Sport Pkg, Sedan. We would need to sell/trade in our 01' Accord.

Its in excellent condition, no problems...I just like to change once in a while. However, there is one problem: it was in an accident. $6000 in damage, replaced with all HONDA parts.

Because of this, trade in value will plummet. I know that. IF I sell privately, do I need to let the buyer know that this vehicle was in an accident?

I know about the Seller's package in Ontario, but theres nothing about accident claims: you would need a Carfax/CarProof report for that, correct?

Man, that's 6 years...in that same time....Ovr's been through 4 cars already. 

If you sell privately, chances are the buyer is going to pull a carproof report.  It will come up....

Haha, I actually purchased it in 2004, with ONLY 15,000 kms!!. 2 months later, accident.  It currently has 71,000 kms on it.

[airbalancer]

So, we might be interested in a new 08' Impreza 2.5i, Sport Pkg, Sedan. We would need to sell/trade in our 01' Accord.

Its in excellent condition, no problems...I just like to change once in a while. However, there is one problem: it was in an accident. $6000 in damage, replaced with all HONDA parts.

Because of this, trade in value will plummet. I know that. IF I sell privately, do I need to let the buyer know that this vehicle was in an accident?

I know about the Seller's package in Ontario, but theres nothing about accident claims: you would need a Carfax/CarProof report for that, correct?

Man, that's 6 years...in that same time....Ovr's been through 4 cars already. 

If you sell privately, chances are the buyer is going to pull a carproof report.  It will come up....

I wonder how many people know about carfax.

[ovr50]

MD - "Ovr's been through 4 cars already"

So have you !!! (EL, MDX, Miata, 911). I can so count to 4. 

[Arthur Dent]

Sell privately - if they ask tell them. Otherwise don't worry about it. I'll bet a reasonable number of buyers won't ask. I know when I sell cars only about maybe half ask.

[airbalancer]

MD - "Ovr's been through 4 cars already"

So have you !!! (EL, MDX, Miata, 911). I can so count to 4. 

and the 318

[supercrip]

Have you seen if a dealer would take it as a trade at all? I remember going to a few dealers with my civic which had 8K in damage 5 years and about 140000 clicks ago and all the dealers I went to categorically refused to take it as a trade. This was in Ontario. Good Luck

[1TSX]

Have you seen if a dealer would take it as a trade at all? I remember going to a few dealers with my civic which had 8K in damage 5 years and about 140000 clicks ago and all the dealers I went to categorically refused to take it as a trade. This was in Ontario. Good Luck

They won't put it onto their lots, but they get a wholesaler to purchase it.

[supercrip]

That's GREAT! It's a heck of a lot better than I was able to do.

[Julie]

You will get hosed.

[1TSX]

supercrip, what did you end up doing with it? Selling it privately for a very low price?

And yes Julie, I would if I traded it in. We almost made a deal with a Camry Hybrid in early 2007. Dealership agreed to give us $10200 for our Accord. When they found out it was in an accident, value dropped to $8000. Ouch. Deal was off.

[y2chuck]

If you sell privately, I'd tell the person up front.  Chances are they would get a carfax and if they don't know what a carfax is, a friend/family member might tell them after the transaction at which point who knows what they would do.

[supercrip]

2HONDAS,

I'll sell privately, hopefully. I've got a few people at the office interested in the civic now as they know how well the car was maintained. I'm a patient man.... I've put a deposit on and I'm waiting for this

Everything is dependent on final pricing and a few other details.
Cheers!!!