Selling a Car: How Much Is My Car Worth?

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When it comes to selling your car, the most important thing is knowing how much your car is worth. This is what will determine how much money you can ask for, and what you’ll end up with in your pocket. There’s the general value of your car’s make and model, and then once you factor in the additional information, you can come up with an approximate value.

How do I Find Out the Approximate Value of My Car?

There’s an easy system to use on TradeMe that will give you the high and low range for your car. If you follow this link and put your registration in, it will give you a good idea. That will give you an approximate idea of how much your car is worth. Then you move on to the specifics, your car will be worth more or less based on a variety of factors.

What are the Factors I Should be Worried About?

  • Kilometers travelled: The distance that the car has travelled has a massive bearing. The less kilometers travelled under the average, the better.
  • Colour: If you’ve got a fairly neutral colour it can be worth more than some of the more polarising colors.
  • Condition: Condition is another massive factor, if the car is well maintained and has little to no dents or upholstery damage, all the better.
  • Service history: Make sure that your paperwork is in order and that your servicing is all well documented.
  • Engine and Transmission: Check to see what the most popular combination of these are for your kind of car. A manual transmission will generally bring less in most modern cars. This is due to reducing the amount of consumers who can drive them. The engine is a big one, the 2.0L Diesel might be worth a heap more than the 2.0L Petrol. Knowing what your car has and if it adds to the value is a great negotiation asset.

Hopefully You Now Know How to Figure Out How Much Your Car is Worth.

If you’d like to read more about buying and selling cars, feel free to check out some of our other articles here.