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How To Determine Used Car Values

Whether you're looking to buy, sell or trade a used car, it's important to understand how the value of a used car is calculated to ensure you get the best deal.

While the cost of selling or exchanging a used car ultimately depends on the agreement between the buyer and seller, there are different ways to determine the estimated market value of a used car. You can browse to get the best car appraisal tool.

car appraisal tool

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Used Car Pricing Guides: One of the most commonly used vehicle pricing methods is consumer pricing guides such as the Nada or Black Book. While you can purchase one of these guides at your local bookstore, the associated website offers a convenient option for most users.

Entering the make, model, year, trim level, mileage, and overall condition of the car will give you a fairly accurate value; Keep in mind that each of these websites typically prices the same car at slightly different prices.

Professional Vehicle Appraiser: A professional appraisal service can be an excellent tool for determining the fair market value of your particular vehicle.

An appraiser will come to you and perform a thorough inspection of your car, taking into account the condition of the service book, make, model and year. A professional appraiser can also help you with an exchange or private sale.