Rates Often Vary by Region
DALLAS, Jan. 28,
2023 /PRNewswire/ -- CARFAX has new data that
provides insights into where accidents happen around the country,
including the states with the most and the fewest accidents per
1,000 registered vehicles in each state. Georgia tops the list for the most, and
several other southern states had high rates as well. Here are the
Top 10 states with the most accidents:
- Georgia
- Kentucky
- South Carolina
- Louisiana
- North Carolina
- Alabama
- Rhode Island
- New Jersey
- Indiana
- Tennessee
"Several southern states suffer from higher accident rates,"
said Patrick Olsen, Executive Editor
at CARFAX. "But when we look at the states with the fewest
accidents, Oregon tops the list
followed closely by several other western, mountainous states. It's
interesting to see there is some regionality to the accident rates
nationwide."
Here are the Top 10 states with the fewest accidents per 1,000
vehicles in each state:
- Oregon
- Hawaii
- Alaska
- California
- Vermont
- Pennsylvania
- Maryland
- Virginia
- Montana
- Washington
Accident history is the No. 1 thing used-car shoppers look for
in a vehicle's history. CARFAX estimates that the average impact on
value for a vehicle with damage in its past is almost $400 on the wholesale price and more than
$500 on the retail price. Those
numbers jump to an average of nearly $2,000 for wholesale and $2,700 for retail if the vehicle has sustained
severe damage.
CARFAX estimates as many as 40% of vehicles on U.S. roads today
have some damage in their history; that's about 110 million cars.
Dealers can use the CARFAX Vehicle History Report to see if
there has been damage reported to CARFAX, and also get help in
determining where the impact was and the severity of the
damage.
"I love what CARFAX has done over the years to get more data and
to provide more detailed accident information," said Vaida
Presniakovaite, President of Midway Autohaus in Bridgeview, Illinois. "I can usually tell
whether it was a minor fender-bender with cosmetic damages or
severe damage and the vehicle was towed. Or maybe it'll even tell
me if the vehicle just hit a deer while it was driving down the
road."
"Oftentimes CARFAX vehicle history reports will actually show an
accident where others won't," said Jesse
Eiermann, Used Car Manager at Empire Chevrolet in
Huntington, N.Y. "That really does
put an impact on the value of the vehicle. If you're not paying
attention or you don't have CARFAX as a tool, you're going miss out
and then run into some trouble later down the road."
CARFAX data shows one in four cars are sold within a year of
being in a damage-causing incident.
Editor's note: Reporters are
welcome to visit the CARFAX booth (#1215) at the NADA Show to learn more. Interviews are
available including in-person at NADA. Please contact
publicrelations@carfax.com.
About CARFAX
CARFAX, part of S&P Global Mobility, helps millions of
people every day confidently shop, buy, service and sell used cars
with innovative solutions powered by CARFAX® vehicle history
information. The expert in vehicle history since 1984, CARFAX
provides CARFAX Used Car Listings, CARFAX Car
Care, CARFAX History-Based Value and the flagship CARFAX
Vehicle History Report to consumers and the automotive
industry. CARFAX owns the world's largest vehicle history database
and is nationally recognized as a top workplace by The
Washington Post and Glassdoor.com. Shop, Buy, Service,
Sell – Show me the CARFAX®.
S&P Global Mobility is a division of S&P Global (NYSE:
SPGI). S&P Global is the world's foremost provider of credit
ratings, benchmarks, analytics and workflow solutions in the global
capital, commodity and automotive markets.
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SOURCE CARFAX