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I don't think carfax is reliable enough about accidents for it to affect the value. It's good for seeing if the title is good, but the details of it seem to be off pretty often.
On my e46 I got an Mtech II bumper and had it painted at a body shop and then installed it myself.
Apparently the body shop is linked with carfax, because it showed up on the carfax as having had repairs, even though I was replacing a stock bumper with nothing wrong.
I'm actually getting a door ding repaired on my e90 soon, I'm wondering if that will show up as an "accident."
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