HOW TO VALUE YOUR CAR FOR SALE OR PART EXCHANGE
When the time comes to sell your car, you’ll need to know how to value it. There are a number of different methods you can use to find out how much your car is worth. For a start, there are several websites, magazines and specialists in the automotive sector that can provide a quick and personalised estimate of what your car could be worth in the second-hand market. This estimate might come at a small cost but is sometimes free of charge.
With these online rating tools, you’ll likely get a couple of different estimates which will give you some ideas on budget parameters, which you can of course support with your own knowledge and experience of what your car might be worth.
So, if you need to value your car but aren’t sure what you’ll need to know, read on for SPOTiCAR’s guide to valuing your vehicle.
WHAT INFORMATION DO YOU NEED TO VALUE YOUR CAR?
Firstly, you must have the following details to hand in order to estimate the value of your used car:
Make and model or registration
Date of first use
HOW TO ESTIMATE THE COST OF YOUR USED CAR
With the information above in hand, simply head over to SPOTiCAR’s free online estimation tool.
Fill out the questionnaire and enter your details to see your estimate displayed on screen. We will also send you a confirmation email for your records.
HOW IS THE ESTIMATE WORKED OUT?
SPOTiCAR’s estimate is based on a couple of factors, such as:
Market observations and recent transactions involving vehicles of an equivalent resale value to yours; for example, vehicles of the same model, same version, same engine; diesel or petrol, for example; same gearbox, same year of registration and equivalent mileage.
The current condition of your vehicle as you entered it in the tool.
HOW DO I RE-SELL MY VEHICLE?
To sell your vehicle, simply choose the SPOTiCAR professional closest to your location and make an appointment with one of the available advisers. Your SPOTiCAR professional will carry out a complete appraisal of your vehicle and create a tailor-made offer for buying your vehicle from you.
SPOTiCAR can also help you part-exchange your existing vehicle towards buying an approved used vehicle.
WHY HAVE YOUR CAR VALUED BY SPOTICAR?
Selling your used car within a professional network like SPOTICAR gives you the assurance that you’ll get a fair price that you are happy with. No unpleasant surprises or lengthy administrative procedures – just a fast, efficient and secure transaction.
So, if you need to value your car, use SPOTiCAR’s part exchange tool to work out what your vehicle could be worth.