Used Car Price

Setting the price

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Setting the price
If you get the price wrong, you'll either have your car on your hands for weeks, or be taken for a mug…neither is desirable, or necessary. A little research will see you easily get the true market value for your car.

How much is my car worth?
There are many separate price guides to get information about your car from and to find out its worth depending on condition and mileage.

If you take a look at glasses guide you can get a price via there web site, you can also get a used car valuation from parkers guide used car prices
Desirability is the most important thing to consider whether you are buying or selling as this increases value or decreases. An example can be a convertible, if you sell or buy in the winter you would expect it to be cheaper, yet in the summer every one wants one so you would get good money for it, the same instance would be applied to size of  engine, nowadays in theory the higher the engine size the higher the costs are in running the vehicle like car insurance, maintenance and petrol all have to be considered.


Price Guides
Nowadays, there are plenty available, either as separate books or incorporated into magazines. From my days selling cars, car buyers use parkers guide and the dealer used the trusty bible classes guide, things have some what changed since my days however most dealers still use glasses guide.

But remember they are only a guide. You'll be offered several prices, for
differing conditions of car, with registration letters and model years both
being listed. A suggested mileage is also given. However, there are many more variables over and above those covered by price guides, meaning 'exact book price' sales are rare.

Consider any options your car has; is it a rare model or one in particular
demand? Is the colour is a desirable one? Are there any other considerations that could affect your price e.g. low mileage, a sought-after special edition or a particularly generous specification.

Classified advertisements
A look through Onestopcaradvice will usually help you set the price of your car. Look for models similar to yours, and see what the 'going rate' is; you can then price your car accordingly!

This works especially well for popular models, because there's so much choice. It's also a good trick for rarer or older models, as they may not actually be listed in price guides.

Owners clubs
Some owners clubs offer valuation services. You may have to pay - or join the club - but this will probably be more accurate than other methods, because of the breadth of knowledge available. Enthusiasts know your car better than you do, and can account for any extras, as well as the overall condition and mileage.

Trade-ins
Visit dealers, to get an idea of your car's trade-in value; anything you get over and above that will thus be a profit. Don't, however, look at dealer forecourt stock and expect to get similar prices for your car; you're not offering a warranty or any guarantees, remember, and therefore should charge a lot less. Some manufacturer web-sites also offer on-line trade price valuations, and can be another source of guidance for trade-in values.