Motor Industry News
Selling your car and understanding your car's value If you want to maximise the value of your car you're going to need how much it's worth too.
- Use the free mycarcheck.com 'Used Car Price Valuation Tool Guide' to find out how much your car is worth. Look at other adverts in the publications you're advertising in so you don't stand out with a high or low asking price.
- Remember that if your vehicle is in good condition and has covered less miles than average, it may be worth more, the mileage-adjustment drop down tables will work out how much you should be adding on to its price.
- A higher than average mileage means you should lower the asking price if you want to get people to view the vehicle.
- Be honest with yourself about the condition of your car. If it's well-worn, you'll have to change the price accordingly especially if you don't want prospective purchasers to walk away the moment they see it.
- In general, special and limited editions are not really worth much more than the basic model they were based on - unless they are packed with extra equipment. Even then, you might only be able to add a few hundred pounds.
- If you happen to have a highly desirable model that other drivers are interested in purchasing, you may be able to sell it for more than the list price so they can jump the waiting list. A quick search of the internet should pull up some sample prices, while the classified sections in various car magazines also carry adverts.