Does a used car with a full repaint depreciate?

[Sylvia]

A used car with a full repaint will depreciate. Here is some extended information: 1. Depreciation rate: The depreciation rate of a vehicle due to accident repainting depends on the extent of damage to the vehicle's key structural parts. For minor scratches on vehicle panels such as doors, fenders, hoods, or bumpers, if the repainted areas are few and the painting process is good, the impact on the vehicle's price is minimal. If there are many repainted areas, or even signs of metal repair, and the painting process is poor, then the depreciation of the repainted car will be more significant. For cars repainted due to minor accidents, the price difference compared to cars with original paint and no accidents is between 5-15%. If the accident caused structural damage to the vehicle, the price difference will be even greater. 2. Modifying vehicle color: Changing the color of your vehicle is subject to two main restrictions. First, the modified pattern and color should not resemble the official markings of police cars, ambulances, fire trucks, or engineering rescue vehicles. Second, owners are not allowed to use specific symbols such as 110 or 120. Additionally, any change in vehicle color requires an application for a color change at the vehicle management office.

[OJosephine]

I've been dealing with used cars for over a decade, and full repainting really depends on the specific vehicle condition. For an ordinary commuter car, a full repaint can increase depreciation by 5%-8%. Why? Because it's too easy to conceal accident damage, making buyers suspicious. I once took in a fully repainted Corolla - when we opened the hood, all the fender bolts showed signs of being tampered with, and there was body filler hidden under the seals. However, for classic cars or special color models, a professional repaint can actually add value. I saw a pearl white Lexus LS430 with a full repaint sell for ¥20,000 above market price. The key factors are the quality of workmanship and documentation of the original vehicle condition.