With the recent hail storms that passed through the Edmonton area, many of you are probably dealing with damage to your property. Many area car dealerships are also dealing with damage to their units, which is a very unfortunate problem to face. If you are currently searching for a new vehicle, you may be wondering, should you buy a vehicle that has hail damage?
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3 Reasons NOT to buy a car with hail damage
Although some dealerships may offer discounts on hail-damaged cars or provide specials for fixing hail damage, there are a few important reasons to steer clear of purchasing a vehicle with hail damage.
1. Fixing hail damage may not be covered by your car insurance.
Hail damage is a unique problem that is not covered by some types of auto insurance. You might wind up paying a lot of money out-of-pocket to fix the damage you could have avoided by purchasing an undamaged vehicle.
2. Hail dents may cause premature rust.
After hail usually comes rain. That means, if the vehicle was dented enough by the hail, it could begin to rust much more quickly than an undamaged vehicle would.
3. Hail damage may hurt the vehicle’s future value.
The discount on the hail damaged vehicle will usually not account for the depreciation in value directly related to the damage. This may not be an issue for several years, but it’s something to consider before making the initial investment.
At the end of the day, discounts on hail-damaged vehicles typically do not make up for the amount necessary to repair the dents or the value lost because of the damage.
Buying a new vehicle at Sherwood Ford
Fortunately for car shoppers in the Edmonton area, the vehicles at Sherwood Ford did not receive any hail damage during the recent storms. We encourage you to browse our available inventory online and stop in to see them for yourself!
