I bought my vehicle just last year and was led to believe that there were no accidents or claims on it. Probably should have ran a report just to be safe.
Now I'm selling the vehicle and I just ran a CarProof report on it and...
Accident Records - This vehicle has 2 record(s)
Claims Records
Incident Date 05/13/2010
Incident Type Damage Claim
Category Collision - Vehicle
Damage Amount $0
Accident Estimate Data
Incident Date 05/13/2010
Incident Type Repair Estimate
Point Of Impact Right Front Corner
Damage Amount $3,121.40
I assume it was just a rear-ender or something like it - can't tell from looking at it that it was repaired but I do not have a well trained eye. Do I have to disclose this information to potential buyers now? If asked, I wouldn't feel comfortable not being honest - but I have no idea what happened to the vehicle.
Is $3121.40 considered significant damage? Should I be worried that this is going to kill my chances at selling my vehicle for a fair price?