Put the bargaining power back in your own hands by knowing what a car is really worth. Knowing the value of a car reduces the chances of you getting "ripped off" and increases the chance of you finding a real bargain!
Manufacturer car valuations |
|
Value your car to avoid paying too much or selling too low. Our free online car valuation service
provides you with all the information and data you need to find the right
value for the car of your choice.BMW, Audi and Volkswagen are the most valued used cars in the UK. Honda, Mercedes, Ford and Vauxhall used cars are also popular. Get a free car valuation by selecting a manufacturer from the list below:
|
Valuation stats centre (May) |
|
|
Valuation guides |
|
|
It's important that you know the true value of any car that you are looking to buy. Paying too much for a car could cost you hundreds of pounds and ultimately lose you even more money when you need to sell that
car.
|
 |
Selling
tips and useful advice
Read this guide for essential advice about the do's and don'ts when selling your car |
 |
Buying tips and useful advice
Professional advice on the best ways to find and purchase your next car |
|
|
From May’s valuation stats our experts believe that used car buyers are looking at cars with an average mileage of 31822 as this represents the best value for money. The availability of second hand cars is substantial so you should be able to pick up a real bargain. Buyers are valuing cars no older than a 2009 as it’s believed that these cars will keep their residual value much better.
|
Sell my car
|
The
benefits to a car buyer
|
The
benefits to a car seller
|
|
|
Advertise your car
Before deciding on your sale price its essential to complete a valuation for your car. It's important that you know the right selling price for your car when you wish decide to sell it. Pricing your car at too low a price can result in you losing hundreds of pounds, where pricing your car at too high a price could hinder your chances of selling your car altogether.
|
|
|
|
Get a value before buying
As a potential used car buyer, knowing in advance the value of a car you are considering places you in the most favourable position for negotiating effectively with a second hand car vendor and can also serve as your best bargaining tool when buying privately. Clearly the seller wishes to obtain the greatest profit possible while your aim is getting the car you want at the most favourable price to avoid paying too much. Checking the vehicle (or a similar one) using our service beforehand is a simple and free means of obtaining this vital information. |
|
|
|
Know your sale price
Knowing the value of your car reduces the chances of you underpricing your car and therefore losing out of £££'s!
It is important that you know the correct marklet value of your car so that you not only make it attractive to potential buyers but also so you get the right money in exchange for your car. An informed car valuation enables you to make a more advantageous decision when deciding what price to sell your car for. Your advertisement will then receive the greatest interest, whilst offering you the best chance for a quick sale. |
|
Car price depreciation
When the time is right to buy your next car it’s vitally important that you consider its depreciation value. Car buyers often overlook the depreciation value of a car but it’s one of the first things you need to think about.
Depreciation can be calculated as the difference between the amount you pay for your car and the value of your car when you need to sell it. If you’re lucky enough to buy a brand new car, the moment you drive it off the forecourt depreciation will kick in and it won’t have the same market value. The average new car will depreciate up to 40%, based on 10k per annum, after just three years.
Not all cars are the same and therefore depreciation values can depend on a variety of things such as the size of the car, its mileage and general condition.
Second hand cars have a much lower depreciation rate than new cars because they have already lost that initial 40% depreciation. If you’re in the market for a car then consider ones that are fuel efficient and cheap to run. You also want to try and purchase the latest model as they depreciate slower than a version that’s no longer being produced. Consider cars such as BMW’s 3 Series. It’s consistently popular with both working professionals and families so the demand will always be high. As a golden rule, the more demand for a car then the lower its depreciation.
