Feed: What Is My Car Worth - AggScore: 80.7
Finding the real trade in value of a car does not have to be a total nightmare. Ladies, you know how hard it can be to shop for a car when every sales MAN – and they always seem to be guys, thinks that you obviously know nothing about cars or auto trade in value. My last search was a total nightmare finding the trade in value of my car seemed impossible. The first local dealership that I went to – I wont name names – I literally had to ask the salesman what is my car worth? he just kept beating around the bush and when he finally disappeared to “consult with the manager” I could see the two of them looking and me and laughing in his office! I’m sure they thought that I was a total moron and they were in for a real deal. Think again guys.
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I knew at that point that going to the dealership was not the way to get the vehicle trade in value that I was looking for. Anyway, the search continued, I went to a few mechanics and just flat out asked “what is my car worth?”. I got MUCH better estimates from them rather than from the con artists at the dealership. The downside was that I had to pay each of them to inspect the vehicle and the quotes really varied and I mean close to 2 grand in variation.
I’m sorry – but that’s a really big amount of money for me – missing out on 2K would not make me happy! Anyway – at this point in the game I started googeling “how much is my car wort” and “whats my car worth” and that’s when I stumbled upon the site called what’s my car worth which was a LIFE saver! Seriously, I got some great information and I was much better prepared to make the all important decision: to trade or not to trade.
What I found out on what’s my car worth was that I would actually get a much better deal if I sold my car on my own rather than trade it in. That’s exactly what I did! After I got my auto trade in value at what’s my car worth, I just used online resources like Auto Trader and some local online classifieds and sure enough – I did it! hahaha who would have thought that a GIRL could sell a car huh? Sure showed those sales guys at the dealership!!
In the end, I sold my vehicle myself for 7K. My lowest quote during my earch? 2K!! Listen everyone – look up your car value online! Do it now – don’t get fooled. I’ll admit – I was a total newbie when it came to estimating car worth and making deals and look how well my story turned out!
It’s such a crime that those jerks out there prey on peeople who don’t know any better. I mean, they’re seen as an authority when it comes to venicles and their worth – know what I mean? It’s so unfair for them to take advanatge – but with online tools I think that these creeps will soon realize that they can’t take advantage of the little guy – or girl!- anymore.
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What is my car worth? This is the question people usually ask themselves when they are thinking about either selling their car or trading it in for a newer model. If this is the case then you’re going to need to ask yourself how much is my car worth to the people you’ll be selling it to or trading it into. There are key points you need to take into consideration when you are trying to determine your cars worth to a dealership or a possible private sale.
You want to be sure you are getting the highest value for your car when you trade it in or sell it to someone. If you don’t get the highest value then you will only cheat yourself and you’ll regret your decision. So ask yourself some of these questions before deciding to trade up or sell your car to an individual by means of a private sale.
What is my car worth in terms of add on value?
Your car may be worth a lot more then it was when you first purchased it because you might’ve added several things to it that have increased the value even though you’ve had the car for a while. Look at renovations you’ve made to the car. Have you added tinted windows or bullet proof windows? Have you had the tires changed to a higher quality? Have you given your car a custom paint job of any kind or added equipment that wasn’t there before? If you’ve done any of these things then your car might be worth more then you think it is.
What is my car worth in terms of the color?
This may seem like it doesn’t make sense, but sometimes the color of your car will have an impact on how much the car is worth. Sometimes people will not buy cars that are a certain color because it has been said that cars of a certain color get into accidents more frequently. This has been proven through numerous studies done by universities and insurance companies.
If your car is black then it has a higher risk of getting into an accident at night because someone might not see you. If your car is a brighter color then it is much more visible to people and less prone to get into an accident. This affects the rates you will sometimes be quoted by an insurance company. So keep this little quirky point in mind when you are considering your cars value.
Knowing what your car is worth will definitely aid you when you decide to trade it in for a newer car or simply sell it off to an individual buyer. Asking yourself what is my car worth in terms of the color of the car, and what is my car worth in terms of add on value or two points most people don’t take seriously, but two points that you will want to take seriously.
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How do I know how much is my car worth? This is a question a lot of people ask themselves when they are thinking about buying a new car. It is absolutely important that you know the worth of your car before you consider the purchase of a new one. It’s not a question of how much my car is worth, but a question of how much is my car worth to someone else.
The value of your car to someone else is what’s going to determine the ultimate value and return what you can get. There are many ways that you can figure out or at least get a ballpark figure of your cars worth. All you have to do is follow some of the steps I will outline in the following paragraphs. Take heed, what I’m going to tell you will definitely be worth the time you invest reading this article.
First you have to consider how well your car is running now
Take a look at your car and ask yourself how well is it running now? If your car has been running really well and hasn’t had many problems in the past and you can guess at your car will definitely have value to someone else. The way your car runs now is probably going to be an indicator of whatever problems it may have in the future. So when you are trying to trade your car in for ever reason you must first be able to answer the question of how well your car is running now. If you feel that it is running well and you can be sure your car will have a high worth.
You need to think about how much money you have invested in the car
As I’ve mentioned before it is not a question of asking how much is my car worth, but asking how much is my car worth to someone else. Take a good look at how much money you have invested in your car over the years. If you have invested a lot of money into your car then you have added value to it. It is a very good idea to take note of any features you’ve added to your car, how much money you paid for them, and how long ago you paid. If you pay a lot of money to upgrade your car then these things will definitely factor in to the value of your car at the present moment.
You need to ask yourself how expensive is it to replace parts on your car
Certain cars will cost more to replace certain parts than other cars. Knowing how much those parts will cost to replace will be vital in you being able to determine the worth of your car. If the parts to your car will have to be ordered from overseas, work the parts that will have to be ordered what takes several weeks to be received and you can be sure you’ll have a hard time trading in this car for whatever reason. People will want cars that are easy to replace and the parts are easy to come by. If you feel that your car doesn’t meet this standard then this will decrease the value.
Asking yourself how much is my car worth to someone else is a powerful way to begin the overall evaluation of your cars worth. Looking at the way your car is running now, how much time energy and money you have already invested into your car, and how expensive a time-consuming would be to replace parts for your car are good ways to begin this evaluation.
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Auto trade in value is going to matter greatly when you’re deciding to buy a new car. Your auto trade in value is going to determine exactly what type of car you’re able to get an exactly the value of the car you get in exchange for the car you will be trading in. There isn’t any question of whether or not you will be able to trade your car; it is only a question of whether or not you will get what you want for the car.
You need to really sit down and think to yourself about a few important factors before you decide to make this crucial move. Thinking these types of things out first will help you when you decide to trade in your valued car for either something newer, or just for some extra cash. So here are a few of the things that you need to think about, especially if you’re trying to determine your auto trade in value as it relates to buying a new car.
Are you planning on trading for an old car or a new car?
If you are planning on trading your car for a new car than the auto trade in value isn’t going to really matter that much, because you will still end up having to pay money out pocket for the newer car. If you are planning on trading in your car for an older model then you want to make sure the auto trade in value is exactly in the same price range as the car you’ll be getting in return. This will allow you to own the older car free and clear as opposed to trading in for newer car and having to pay money on it. So this is something you’ll want to consider.
Do you want certain features or just the standard for your newer car?
When you go to a car dealership they may assess your auto trade in value only in relation to the basic features of the newer car you are trying to trade it for. If you decide that you want other features added on to the newer car, than your auto trade in value will not matter as much because you will be increasing the value of the newer car and decreasing the value of the car you’re trading in, if this is what you want then its okay, but if you’re looking to get the highest value for your trade-in than you want to keep things basic as possible.
Will you have to get financing for the car?
Your auto trade in value will not matter as much if you have to end up getting financing for the car that you’re buying. You want your auto trade in value to matter as much as possible; having to get financing only negates the purpose of trying to keep your costs down.
If you’re getting a brand-new car then this may not be that much of a concern to you, but if you’re looking to keep your debt down to an absolute minimum that you want to stay away from having to finance a brand-new car. You may consider going they used option so that your debt is kept as low as possible.
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There are many things that people do that affect the trade in value of a car over the course of time. Most of them are completely unaware of these things. It is no big deal really, so as long as the person has no intention of actually trying to trade the car in or anything. The trade in value of a car is determined by many things, once you are able to understand what these things are you’ll be able to better protect yourself from doing thins that diminish the trade in value of a car.
There are three basic questions you need to ask yourself before you decide to evaluate or have your car looked at to determine its value. I am here to help you answer those questions. So after you have finished reading this article please feel free to write some of these questions down and answer them to yourself before you go to someone else for the answer. Here are the questions you need to ask yourself.
How old is the car?
First you need to ask yourself how old your car is. This may not seem like a big deal if you have a car that was made after the millennium, but the age of a car will greatly impact the value because it will determine what someone else is willing to pay for it. If your car is newer then it will be worth more to someone else. If it is newer then it will need less work done on it now and in the future. If the car is newer you will have an easier time trading it in to a new dealership to get an even better car. So think about this when you’re doing your assessment.
How fuel efficient is the car?
With the price of fuel being up and down these days people want cars that get good mileage. If your car is older and gets bad mileage people won’t be willing to pay that much for it. The trade in value of a car is definitely impacted by the fuel efficiency. No one wants a car they will have to constantly feed. They want to be able to get as far as possible on whatever gas they put into it. So look at how many miles you usually get for each gallon of gas. If it is a high number, or anywhere near to what a newer model gets then you’re in business.
How much will insurance cost on the car?
The trade in value of a car might also be impacted by how much insurance on the car will be. Foreign cars tend to cost a lot of money to insure, while American cars tend to cost less to insure. If you have a regular car that is not too fancy then the cost of insurance might also be less. Insurance cost will very from car to car because the more expensive cars will have parts that are more costly.
Could you imagine getting into an accident and having to spend thousands of dollars just to get a dent fixed? Well these are questions people ask themselves when they are buying a car and it will be a factor in determining the trade in value of a car.
Take all of these things into account when you are trying to assess the trade in value of a car. Asking yourself how old is the car, how fuel efficient it is, and how much will the insurance be on it will help. These are not the only ways though; they are just a start to lead you in the right direction.
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Whats my car worth on the open market, or whats my car worth if I decide to sell it as apart of a private sale? These are completely two different worlds. One world may be only willing to give you the absolute minimum for your car, while in the other world you may have much more leverage as the seller. If you are trying to get a brand new car you won’t have that much ground to stand on, but if you are selling your car as an individual seller you may be able to get more and use that towards the purchase of a car.
There are some things you need to look at first before you can begin to make an estimate of how much your car may be worth. I will not lead you on any more; let’s get right to what some of them are. Remember when you are trying to determine the value of your car to ask yourself these important questions.
Whats my car worth to a new dealership?
Your car may not have that much value when you go to a new car dealership, because they usually want cars they can resell for a profit immediately. When they have cars on the lot that are not selling it costs them money to maintain those cars. When you take in your car for consideration you have to keep this in mind. Any car that is older will not stand too much of a chance, as there is really nothing much they can do with such a car.
Whats my car worth to a used dealership?
If you take your car to a used car dealership you may be able to get more value as they will be able to price it and put it on the market immediately depending on how much money they believe they can get for it. If you have a newer car already you will have even more leverage. If your car is really old there is a market for that as well, you can take it to used dealerships that might give you a very generous allowance towards another used car that isn’t that expensive. If you have a car that is worth more you can get really excellent value.
Whats my car worth shelf life wise?
Your car has to have a good level of shelf life left in order to be able to get a good value for your car. If your car has little shelf life left then you will struggle to get good value. If the shelf life is high this means that little work will have to be done on it. You will be able to negotiate better trades and get more money if you sold it as a private seller.
Remember, no matter what dealership you go to they will always try to get the best deal they can get, this is why you must know how to play their game and what they look for when taking a car from someone towards the purchase of another car. A car with a lot of shelf life left will have value to both new and used dealerships, but it will probably have more value to the used dealership as they can price it immediately.
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