Einfeld LawKelowna, BC · May 21, 2019What is Accelerated Depreciation?
Most vehicles depreciate in value the moment they leave the dealer’s lot. When a vehicle has been repaired after an accident, it suffers even more depreciation. Generally, vehicles that have suffered damage are worth less than those with no damage. The stigma of previous damage reduces the resale value. When a previously-damaged vehicle is sold,...
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