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Car values are useful not only when you're donating your car but if you plan to sell or trade in your used car. Used car prices are not an exact science you need to keep in mind not only the basics of year, make, model, but the condition of the car, the mileage, has it been in accident, was it maintained well, the accessories and different customization.
When you buy a used car the biggest advantage is the savings that you get over the depreciation on new cars. Most cars lose their value in the first couple of years. Some used cars are actually sold as refurbished or they are checked thoroughly by dealer and they do even provide a limited warranty. These cars are usually that are bought back by dealers from owners who do take good care of their cars and any issues are resolved and then certified.
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What Is Your Old Car Worth?
Getting behind the wheel of a new car often means selling your old car or using it as a partial trade-in on your next car purchase. Before you take that step, it’s always a good idea to try and figure out the value of your used car before making the move to a new one. There are a few steps you can take to find out what your old car is worth, which are details you can also use when you are out to buy a used car. The great news is that there are tons of places online that will help you gather all of the information you need so that you can make a good decision regarding used cars.
The first step in the process is to get as much information about your car as possible. Before you can use Kelley Blue Book or one of the other sites that helps you come up with a value, you need to know everything about the car in question. This means more than just knowing what the year, model and make of the car is, as other details play a part in the price. You also need to look at the features that come with the car, as well as any upgraded packages that may have come with the vehicle. That can include items such as navigation systems, leather seats and the like.
Another thing that plays a big part in the value of a used automobile is the mileage it currently shows. It stands to reason that the exact same car made in the same year, with all the same upgrades will be worth more if it had been driven considerably less than a comparable vehicle. You should also know if there are any extended warranties on the car or of the warranty you got when you bought the car new is still considered valid.
What many people may not be aware of is that the used car they are trying to buy or sell will have a different value depending on the location. This is where getting a value can be tricky, as the price you are quoted online may be different depending upon where you live. In order to get a clearer idea about the value of a used car, you should input all the information you have put together into several different sites that will give you a reasonable value. Don’t expect all of them to give you the exact same quote, but instead use that information to get an average price of what you should expect to pay or receive.
The range of prices that you find will allow you to determine how much you can reasonably expect to pay for a used car. It will also help give you the knowledge you need when asking for a trade-in amount at the car lot. There is a better than average chance that the dealership are going to lowball you a little, but you have to remember that they need to make money when they sell your used car.
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