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Black Book, a leading provider of marketplace insight since , is best known in the automotive industry for providing timely, independent, and accurate vehicle pricing information.

What Is the Trade-In Value? The trade-in value is more closely aligned with the auction wholesale value, meaning what the car would sell for at an auction to interested retailers. However, the dealer may offer more if the vehicle is a desirable inventory item.

In this case, a dealer may make allowances in consideration of auction and transportation fees that would have been paid if the car were bought at an auction. What Is the Private Party Value? Private Party Value is the price you could expect for a vehicle sales transaction between two consumers. Depending on demand and condition, this transaction price will be between the wholesale value and the retail value.

Private party transactions are typically less than dealer sales because they do not provide the buyer any financing options, warranty, nor any recourse should there be any problems with the vehicle.

All sales are considered final and as-is. Black Book acquires its pricing data from wholesale auctions and retail transactions nationwide. Pricing is updated on a weekly basis.

High mileage, vehicle damage, and the cost to recondition the car for resale all have an impact on the overall value of your car. Used-car shoppers tend to focus on their basic transportation needs and finding a budget-priced car. Because these shoppers aren't willing to pay extra for many upgrades, oftentimes optional equipment and packages added to a new car have little or no resale value when the car is traded in or sold privately. There's no such thing as exact pricing when it comes to a used car trade-in value.

The exact appraisal amount will change based on local market conditions, the dealer's inventory, and their ability to resell the car. We really do buy any car regardless of the number of miles the car has covered. However, a car that has covered more miles is likely to have more wear and tear, which will mean the resale value of the car may be lower than an identical car that has covered fewer miles.

Branch locator. Car valuation. Free car check Car tax check MOT check. Scrap my car. Value my car. Find out how much your car is worth in 3 steps Our simple three-step process means it has never been easier to value your car:. Get your valuation Find out what your car is worth for free in less than 60 seconds. Join thouands of happy sellers. Service history A full-service history shows that the car has been well-maintained and means that it will be worth more than a car with service history gaps.

Optional extras Some extras such as heated seats and upgraded alloys could improve the desirability and value of your car. Current market prices Market prices fluctuate based on supply and demand. Q: What information do I need to value my car? Have an up-to-date MOT - if you have less than 6 months remaining on your current MOT, it can have a negative impact on how much your car is worth due to the new owner having to get an MOT shortly after purchasing the car.

Keep all service records - being able to show that your car has been serviced at regular intervals by a reputable garage will show buyers that the car has been looked after and can improve the value. Clean your car - a car that is clean is more appealing and can ensure that no dirt is confused as a deeper scratch or dent.

If you have a very low mileage, mint, classic - you may need to contact a specialist owners club. It's all in our car valuation online tool. A: When buying a car, damaged bodywork, high mileage and poor specification are the main factors that will reduce the value of a car.

So if you're checking a valuation with Parkers and it's at odds with the price of the car you're looking at, there could be a big difference in the mileage or condition.

When selling a car, the same factors hold true — but at least you can decide whether that small dent is worth fixing before you sell. A: As a rule, cars with higher mileages have lower values because they generally have more wear and tear. A: We used to offer historic valuation data many years ago but as the uptake was very small, this was discontinued in A: Unfortunately not.

We perform many s of valuations every day and it would be impractical to save each one of them. If you obtain a valuation, save the data on your own device so you can access it at a later date if need be. A: Parkers Plus [pricing for older cars] finished in and after 47 very successful years of supplying the UK motoring consumer used pricing, the main printed price guide finally closed with the last issue in January All Parkers data is now online only.

An extensively damaged vehicle which the insurer has decided not to repair, but which could be repaired and returned to the road.

The DVLA will require confirmation that the vehicle is now roadworthy and repairs carried out to a minimum standard. The normal problem being, that to replace any parts would be more expensive than the car is worth and the decision is generally based on economic criteria rather than the severity of the damage.

However, the car could be repaired and returned to the road. When it comes to damage, because the amount of variables is so great, there is no fixed pricing structure or formula. Read more: Cat N and Cat S explained.

The amount of potential variables is just too great to put an exact figure on an individual vehicle. A: Parkers has been valuing cars since , originally with its famous Used Car Price Guide , and now exclusively online. We work with leading valuations and automotive experts Cap HPI , and monitor around 1,, used car sales every year more than 4, per day! With all that behind us, we're confident we can answer your question: 'what is my car worth?

A: Absolutely, yes. Just email us on feedback parkers.



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