Another good example, Arca says, would be a Honda Prelude SH with 50, original miles that has very little wear on the interior and the factory paint that"s still glossy. The price of a car in a less-than-clean state is adjusted downward from there, and it reflects what it would cost to get the vehicle up to clean state. That's how much a seller would have to spend to bring it up to the "clean" state. If your vehicle was in an accident, it could still be considered "clean" if it was repaired with factory parts and according to the manufacturer's specifications, Arca says.
He adds that some of the factors that affect the value are severity of the damage, the quality of the repair, and the demand for that particular model. Be honest and objective about the used-vehicle state you choose. Try to see things from a potential buyer's perspective. Here's a recap of the prices you'll see at the end of the appraisal: trade-in, private party, dealer retail and certified used. As the name suggests, the trade-in price is what you can expect the dealership to give you if you trade in your vehicle.
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The trade in value is always the lowest figure. The private-party price is what you can expect to get for the car if you sell it on your own. This is always a higher amount than the trade-in price, but it takes more work. The used-car dealer retail price is aimed at used-car shoppers. This price is an average amount you could expect to pay if you bought the car at a dealership. The Edmunds web and mobile sites also list the certified used price if the vehicle is still relatively new. This also is aimed at used-car shoppers, showing what that vehicle's listed price would be if it were being sold as a certified pre-owned CPO vehicle.
This price will usually be the highest compared to the other car valuation amounts, since CPO cars sell at a premium over non-certified cars.
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The buyer is essentially paying for the thorough inspection and added warranty. Getting a realistic value for your car is key to what you do next, whether that's selling the car, trading it in or even keeping it for a while longer. By using the Edmunds car appraisal tool in any of its forms, you'll have a clear-eyed assessment of your car's real worth, not a number based on guesswork and high hopes.
Selling your car today is a different experience than it was 10 or 15 years ago, thanks to the tools available on the Internet. Online appraisal tools and Internet classified ads have made the process faster and more convenient. You can also print out this article and use it as a checklist to keep you on track. Popular searches. My Account. Home Appraise Your Car. Year Select year Make Select make. Model Select model. Understand Your Car's Market Value The Edmunds free car appraisal tool can help you make a smart decision on your trade-in or used-car purchase.
A Quick Guide to the Edmunds Used-Car Appraisal Tool The Edmunds used car value calculator bases its pricing on information from a wide variety of sources, including dealer transactions, depreciation costs for unique automobiles and consumer information. Other Pricing Guides In addition to the Edmunds tool, you will see other pricing guides on the web. Kelley Blue Book Value vs. The Importance of Style and Options After you've put in the vehicle year, make and model, you'll select the style, also called the trim level. Coming Clean on Condition Levels As mentioned earlier, Edmunds' free online used car value tool has five condition levels: outstanding, clean, average, rough and damaged.
Understanding Your Automobile Appraisal Here's a recap of the prices you'll see at the end of the appraisal: trade-in, private party, dealer retail and certified used. It's Easy to Be Real Getting a realistic value for your car is key to what you do next, whether that's selling the car, trading it in or even keeping it for a while longer. Frequently Asked Questions What is my car worth?
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The value of your car will vary based on its year, make, model, features, how slow it depreciates and condition level. Where you choose to sell it, will also affect its price. Trade-in prices are typically lower since the dealer needs to make a profit. You can maximize the car's value by selling it yourself, but it requires more time and effort. Learn more.
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Use Edmunds' appraisal tool to enter the make, model, trim and options of your vehicle. Input the correct mileage and be honest about the condition level. Next, use the "trade-in" figure as a baseline for what to expect from a dealership estimate. You'll need to be familiar with your vehicle's year, make, model, trim level, options and mileage in order to get an accurate estimate of its value.
Once you have that information, enter it into the Edmunds appraisal tool.
Yes, but you'll want to verify that the value of your trade-in, is enough to pay off the loan. Otherwise, the balance will roll into the next auto loan and you'll owe more than the car is worth. This price is used to determine what to pay for a new or used car. Read less. Any Make.
Any Model. Select Type. Loan Payment. Up to. Although the Camaro had a brief hiatus from —09, it has been half a century since Chevrolet offered the first model in Get Started! Search Vehicles. Get the details and data on a vehicle by viewing: Current values across four condition ranges Historic values for classic trucks, motorcycles and cars over time Similar vehicles for sale on eBay Model history that may include specs, standard equipment, number produced and available images VIN details and decoder.
Create an account Already a member? Log in here. Hagerty Market Rating What's This? German Collectibles. The table below lists the cars that Market Trends Dashboard.