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How to Estimate Used Car Price

Posted by Vinícius Guimarães on February 6, 2012 in Automotive

The value of the used car depends upon factors like age, condition and mileage. There are many tools available in the internet to determine used car prices. You should have basic knowledge about your vehicle that the more important thing.

How to Estimate Used Car Price

How to Estimate Used Car Price

The first thing you have to do is to gather basic information about your car, because that will affect its value.  The year of manufacture, make, model and the condition of the car are the most important factors that determine the value of your car. Extra fittings and accessories you have fitted in the used car also increases the value of your used car. For example: leather seat, alloy wheels, music systems or keyless entry locks you have fitted adds to the basic features. Distance travelled by the used vehicle is another important factor that determines the selling price. Additional warranty also helps to increase the selling price of used car. Make sure that additional warranty is still in effect. Door dings or paint scratches will always reduce your car’s selling price. Remove these scratches and small dents from your car before going for selling. Showing service documents and repair documents makes buyer a feeling that car is well cared and maintained; this will increase the car’s value. Well maintained used cars usually have high demand.

There are many websites available in the World Wide Web to value your car. You need to give year, make, model and present condition of the vehicle to find reasonable selling price for your car. Different websites has different standards for determining car’s value. You should check different websites and consider the average of value obtained from those websites. You can also read reviews of experts and specialists of automobile industries in these websites. Also, research used car prices of similar cars in your locality. Fuel efficiency of the car is another important factor that determines selling price.

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