How to Know the Value of my Car?

Nov 15, 2021 12:10 PM

There are diverse motives behind people’s decision of selling their worn-out cars. Some desire to buy a large car with better features while others long for an automobile with higher mileage. Some motor vehicle owners are of the category who just wish to dispense with their outmoded transport and in place of it buy something which is stylish and trendy. Whatever be the case, the motor owners are concerned with just one thing – how much price would they get for their used car? They can get the answer from the various online portals. These websites provide a pragmatic valuation of the second-hand cars.

Pre-Owned Car Price Calculator

Whether you are a seller or a buyer of a pre-owned car, it is essential to know the vehicle’s price. Your knowledge and understanding of the price would place you at an advantageous position when the time of price negotiation with any prospective buyer or seller would come. The end result would be a better deal. Now let us comprehend how this price calculator works.

  • For purchasing a used car – the car valuation instrument would impart you the details as to what is the price of your desired vehicle? You just have to select the suitable option: whether you are a buyer or a seller. After that, four distinct values would be exhibited to you: part-exchange value, private value, quick-sale value and forecourt value. This would assist you in picking the appropriate seller and figure out whether his asking amount is fair or not.

  • For selling an old car – With the help of the car price calculator a precise estimate is presented with regard to the selling price of your car. This plays a crucial role in safeguarding you against the undervaluation of your second-hand vehicle at the time of sale. In simple words, it helps you in avoiding a situation where the potential buyer is suggesting a value that is lesser than the car’s worth. The registration number of the car is to be entered accompanied by the detail whether you are selling the car or purchasing it. Following that the sale price of the pre-owned car is given in terms of: private selling price, part-exchange price, quick sale, and forecourt price. This lets you opt for the optimum method to dispose of your old vehicle.

Car Estimation Report

The car valuation instrument presents you with the updated price established on the basis of the car’s condition and its mileage. With the help of a car’s registered number and mileage the report would supply with the realistic price of your pre-owned car. The comprehensive estimation report offers the following information:

  • Particulars of the used car - its date of registration along with MOT history

  • Private sale value - when the condition of the car ranges from good to excellent

  • Trade-in value - in the case of part-exchange, what should be the offered selling price?

  • Forecourt value – what would be the expected sale price if one is purchasing from a registered dealer?

  • Quick-sale value - the expected offer price if you want a quick sale

Also Read:- 3 Mistakes That Lower The Resale Value Of Your Car

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