There are several ways to go about calculating the value of your car
1. Look at historic data
See how much others have sold the same car for in recent months. This should give you a rough idea of how much to expect. Keep in mind that privately sold and dealer sold values may differ significantly.
2. Calculate it
You can get a ballpark figure by calculating depreciation. These are industry averages and may not apply to some vehicles. The second your new car is driven off the lot, it depreciates roughly 20% of the price you paid. For the following 3 years you can expect an average of 15% depreciation per year. At about the 5th year, depreciation slows down drastically.
3. Use our free online tool
Our online tool does all the hard work for you and takes the guesswork out of the equation to determine the value of your car. It’s instant and it’s free.
Get your free online valuation now
Fill out our online evaluation and see how much we may give you for your car.