How much is my car worth? There are several factors that determine the fair market value of your car in today’s market place. If you are interested in determining the value of your car, here are some tips that will help you arrive at a fair market price. This way you will be able to sell your car fast and for the most money.
First of all the mileage that your odometer reads will make a big difference as to what your car is worth. If the car has low mileage, because you simply been used it to run around town doing errands and taking the kids to school you may find you can get more for your vehicle. Compare this to someone in a sales position that covers 5 counties, this person could easily put on 1000 miles a week. This car will have a lesser value than a car with low mileage.
Next, the make and model will make a difference in what the car is worth. There are some models that are more popular and will bring more money for the seller. For example, a Toyota Camry has more of a demand than a Chevy Impala so the Toyota will most likely carry tesla side mirror a higher value. This can change in different markets and areas.
The season that you choose to sell the car is also a factor in how much is a car is worth. If you have a 4 X 4 pickup it will bring more money if it is sold in the Fall or the Winter. On the same note a convertible will probably be worth more in the Spring or Summer than trying to sell it when there is snow on the ground.
If the economy is poor and gas prices are higher than the value of a small economy car will be higher than a big gas-guzzling SUV. In addition to this, if people are struggling financially the cheaper models will be worth more than the expensive sports cars.
Someone that has taken good care of their car by maintaining it regularly, and has low miles will be able to command more money for their car. If the car has not been well taken care of or maintained you will get less money for the car.
The added extras will also bring more money if you are selling your car. If you have put running boards and the large side mirrors on your pic-up your value will be higher than if you have the standard truck. Someone that has a sunroof over the standard roof will have a higher value on their vehicle.
As you can see, there are many factors that determine what a car is worth. Even such things as the color of a car can make a difference. Also, if you have kept good service records to document the maintenance you may find your car will have a higher value than if you didn’t do this.
Here’s what you can do to get the most out of your used vehicle.
It is best to take good care of your car by maintaining it on a regular basis and as the manufacture suggests. Keep the mileage lower than the average miles per year of 15,000 with no accidents and you will get more money for your vehicle when you go to sell it.
To learn more about selling your car through a consignment program now. You’ll be glad you did.