Does a Car Depreciate After Transmission Repair?
1 Answers
Transmission is a core component of a vehicle, and the car will depreciate after transmission repair. Below are specific factors that lead to vehicle depreciation: 1. Service Years: The longer the service years, the higher the mileage of the car. 2. Vehicle Parts-to-Price Ratio: This refers to the ratio of the sum of all installed parts to the vehicle's own price. The lower this ratio, the more the vehicle depreciates. 3. Major Repairs: Whether the vehicle has been flooded or involved in a major accident. If a major accident leads to significant repairs, such vehicles can be assumed to have certain safety hazards by default, hence cars that have undergone major repairs depreciate the most.