How to figure out the true value of your old car?

May 5, 2018 POSTED UNDER: general

Are you looking to buy yourself a vehicle? If your old automobile has entered its scrap phase, it is probably high time you got a replacement car. However, that isn’t the only reason why a person may want to get a new vehicle. Whatever your reason is, you will want to get rid of the junk car you already have. If only so you have a bit of extra money that you can use to buy it with.

However, if your car really is in bad condition, selling it will be so hard that it will be nearly impossible. Selling a vehicle is hard enough as it is unless sell your car using social media services. You need to jump through so many hoops. And the first is to figure out how much your vehicle is worth. This is a very important part because if you make the asking price too high, buyers will avoid you. If you make it too low, you will be ripping yourself off. So you need to make sure you do it right. Here is how:


Learn the Make and Model of your Car

If you make sure to take note of what the make and model of your car is, this can be used to formulate a price for your car. The newer the vehicle happens to be, the more of an accurate idea this will give you. Newer cars will also be in better condition than older ones, so it is more likely to be more valuable.

The Odometer Reading

The amount of kilometres your car has travelled is an indicator of how much wear and tear it has taken on. The more usage it has, the more worn its condition. When taken within the same context as how old the car is, you can get more of an idea of how much your vehicle is worth.

The Car’s Maintenance History

When a car gets maintained on a regular basis it will be in better condition. If you keep all the documentation to prove this, then your car will have even more value. It is also a good idea to keep the documentation as buyers will be able to look at it and extrapolate what kind of problems the vehicle may have in the future.

The Car’s Overall Condition

Any specific parts that are badly damaged will impact your car’s value. Any minor damage that only affects the aesthetics of your vehicle does the same, only to a lesser extent.

If your car needs fixing, you should go ahead and do so before selling it. However, if it costs too much, just sell it to your local scrap car removal service, or auto recycling experts. This is the fastest way to sell a car and you won’t be sacrificing any of your vehicle’s vale either. Remember to choose a company to sell to that provides free pickup, and accepts all makes and models. You will not be sorry that you did so.


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