How is diminished value figured?

In the past it was a certain percentage, 20 to 50 less. But in todays market, might be much less to nothing if the repair is good and the vehicle is in Excellent shape. It also depends on who is buying it. Trading it in on a deal you will get less, and the dealer will use the repair as a big negative. Be honest upfront and see what buyer will give you.

Hmmmmm, 5 years old and getting ready for owner number 3? If the first owner was a lease you can disregard that. But how soon after the accident did the vehicle go up for sale and/or how long did the last owner have it? Was there a lien on the vehicle when owner number two bought it? If so they probably didn't have it long enough to pay for it! Was it a repo? Or did they just trade it back in after having it a short time? I'd be very suspicious of the vehicle and want those questions answered. It may be a problem vehicle because it was not repaired correctly after the accident! Proceed with caution! BMWs are not cheap to fix!! Hope that helps! Jim