[bityard]

I'm saying that accidents (depending on the severity) do not necessarily decrease the resale value of the car. You're saying that a car in an accident has a smaller pool or buyers. These can both be true.

There are two ways to sell a sub-prime car: 1) lower the price, and 2) wait for a less-than-diligent buyer to come along. Many private sellers and dealerships are perfectly fine with #2.

Lots of people do not know how to check for unreported previous damage to a car, and lots of people do not care if the car was in an accident as long as it was repaired, has no obvious damage, drives just fine, and has a green title. These are the people who eventually buy those cars.