August 21st, 2024
Do I cancel my road tax if I sell my car?
Posted By: Mk
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Have you ever gotten that sinking feeling when you spot a new scratch on your car? We all have. If you’re hoping to sell your ride, one of the first questions that might pop into your head is: “Will this affect my car’s value?”
In this blog, we’ll walk you through everything you need to know about scratches, how they impact the value of your car and what you can do to repair them.
Key Takeaways
The impact a scratch has on your car’s value depends on how severe the damage is. Let’s break down the main types of scratches:
Clear coat scratches are minor, only affecting the outermost clear coat layer of paint. You may not even be able to feel these with your fingernails and can often be buffed out with some polish.
These scratches dig a bit deeper and get into your car’s coloured paint layer. You will definitely be able to feel these with your fingernail, and they can be a bit of an eyesore, so a professional repair might be needed here.
These are the deepest and most damaging scratches your car can get, reaching through all paint layers to the metal of your car. Not only do these hurt your car’s value but they also increase the risk of rust. For these scratches, a professional fix is a must.
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So now you know the different types of scratches, how do these each affect your car’s value? Well, there’s no definitive answer, as both the severity and location of the scratch play a part. Generally, though, you can expect the following:
These might reduce your car’s resale value by a small percentage, likely translating to a few hundred pounds less in your pocket.
Expect a slightly bigger dent in your wallet here, potentially reducing the value by a few hundred pounds.
Deeper scratches can bring the value down by a much larger amount, potentially several hundred pounds or even over £1,000, depending on how big they are and how difficult they would be to repair.
Assessing the scratch is step one, repairing it is step two. Here’s a breakdown of DIY solutions and professional repairs to help you decide:
For those clear coat scratches that don’t reach the coloured paint, touch-up kits can be a good option. Find one that matches your car’s paint colour exactly and follow the instructions carefully, including cleaning the area and applying thin layers of paint to avoid making the scratch stand out more. It may also be possible to buff out the scratches with some polish—if you’re not sure, you can always check with your local garage.
If the scratch cuts through the paint or reaches the metal, DIY repairs might not be the best solution. Professional services come with a few different benefits:
The definition of an accident can vary when it comes to car value and dealer expectations.
Noteworthy accidents may be defined differently.
Accident Type | Value impact |
Scratches / scrapes / small dents | Low |
Minor collisions (e.g. panel replacement required) | Low/moderate |
Serious collisions | High |
Accidents can significantly reduce the value of a car. Category A and B cars are only worth the scrap value or the value of their parts, while Category S and N cars can still be sold but for less than an accident-free car. Factors contributing to your car’s value following an accident include:
Diminished value refers to the decrease in your car’s worth before and after an accident, and it’s used in insurance claims to cover the repairs needed to restore your car to its original state. However, even after repairs, your car’s accident history may still impact its value when you sell it.
Let’s face it, scratches happen. But the good news is, with a little knowledge and the right approach, you can reduce their impact on your car’s value.
Want to know the value of your car today? Use our simple valuation tool! Enter your reg, snap a few pictures, and an accurate valuation will be with you in seconds. It really is that simple.
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