How To Find How Much Is My Car Worth
It is always a good idea to have a general idea about how much your car is worth before you start shopping for a new car. You may be able to get more for your car selling it yourself, or you may be better off trading it in. By knowing how much your car is worth before finding a new one, you will be able to work out the best deal possible. Here are some tips to help you determine the value of your car.
The easiest way to find a range of values is to look them up at one of the online web sites that offer this service. The most popular ones are Edmunds, NADA and Kelley Blue Book. When you get to one of the sites, you will enter information about your car including the year, make, model, mileage, condition and options.
Some of the prices you will find, depending on which site you use, are trade in, wholesale and private sale. This gives you a good place to start in negations with your car dealer or to sell your car to an individual. One trick that car dealer’s use that you need to know about is showing you a higher value for your car than it is really worth instead of discounting the car you are buying. For example, if you are looking at a car that the dealer is asking $10,000 for, is willing to sell for $8,000, and they think your car is worth $2,000, they might tell you they are giving you $3,000 for your car, while all they have really done is reduced the price of theirs to $9,000. The other way to find values is to look at your local car lots for similar vehicles to yours and see what they are selling for.
Many people believe that you can always get more for your car by selling it to an individual instead of trading it in. While this may be true most of the time, it is not always the case. In addition, when you try to sell your car yourself, you have the time, money in advertising and aggravation tied up in the process. You will have to get the title notarized and signed over to the buyer and make sure you don’t get cheated by a bad check or other possible problems. By trading your car in, you let the dealer take care of all of this in a fast and hassle free way.
