One of the biggest challenges that motorists face is valuing their car when it comes to selling. It can be difficult to come to a figure, as every car will be of different value and you will also want to get a good deal whilst also making it fair for the buyer. This balancing act can be tricky, but there are a few different ways to come to an accurate and fair figure.
Looking through the classifieds in a newspaper is an old school method, but it is still effective. You are sure to find somebody that is selling a vehicle that is the same model and year as your own, so provided that the condition and mileage are similar you will get an idea of how much your could get. This is a good starting point and should be viewed as a rough guide. In addition to this, you may even find a replacement car with this method.
The rise of the internet has transformed the way in which people buy cars, with online auctions being hugely popular. It will not be too hard to find somebody selling a car that is near identical to your own, so wait until the end of the auction and you will get a reasonably accurate price on how much you will be able to get for your own car.
Online Valuation Tools
Another great way to get an accurate figure is to use various online valuation tools. There are numerous websites and dealerships that offer this service, such as Robins & Day, with some providing this as a free service. Typically, this simply involves you providing details that include the registration, mileage, the condition of the vehicle and your personal details. They can then provide an instant valuation and with no obligation to sell the vehicle to them – many motorists find this the quickest and easiest way to come to a fair figure.
These are the three main methods used to value a car and can be used together to come to a fair price. If you want to boost your car’s resale value, there are all kinds of excellent guides online which provide tips on boosting the value of your car.
Valuing a car can be challenging for any motorist, as you will want to get a good deal whilst providing a fair price. The above methods can be used together to reach a reasonable price and give you an idea of the current market.