Expert Car Valuation for Second Hand Cars

Car Valuation

Have you ever felt the curiosity to find out about how much worth the car that you are driving now actually holds in terms of cash value? This urge to know is something that is very natural and going ahead for a used car valuation is the only way in which we can get to know of the actual market value that our car holds, and this thing often acts as an eye opener for many of us.

Used Cars

While setting off with plans to buy a used car or sell the one that we have been using for so long, it is a very basic urge to know about the present cash value of our used car. Finding out the correct value of any used car by means of car valuation, is not only most basic but also the most important step.

Your car value can be seen from three different angles. The retail price is the car dealer price that is the amount that you have to shell out while buying a car from a registered car dealer. Dealer trade in price is the wholesale value that the dealer will pay you, when you trade in your used car. And private party price, which is the money that is paid to the seller when the car is bought from an individual.

Apart from these, the cash value of any used car also depends on several other factors too. Most importantly, the overall condition of the vehicle is the most important factor here. The overall condition mainly implies the look of the vehicle, the history of the car that is if it had faced any problems in the past, the number of miles or kilometer it has traversed and the mechanical condition of the car as well. Value of cars can also vary with different locations.

Also read: 5 of the most fuel efficient cars within INR 6 lakhs

There are ways in which the value of your car can be retained to a great extent. Regular maintenance works such as refilling water and oil i.e. fluids and Tyre checks and mending the external bruises and scratches that can be spotted. How we present the used car to the potential buyers makes the major impression on them.

Also read: Best used cars that you can opt within INR 3 lakhs

Earlier finding out the cash value of a used car was not at all easy, but now with the Internet, there are hundreds of resources available online and we can easily check our car’s true value. There are loads of websites which offer car valuation tools, which are simple and comprehensive tools to evaluate the true value of any used car for free, by providing just some basic information about the car.

Knowing the value of your car is now the easiest task on earth with the multitudes of car valuation calculators that are available online. These are simple applications that offer an expert’s idea of the real market value your car which you can very well rely on.