Many people want to buy and sell a car. It can be for personal or business reasons. In the business of buying and selling cars, it is necessary to have the proper knowledge and skills in determining the value of a car.
The value of a car, just like everything else, depreciates over time. If you plan to sell your current car, it is best to get a fair and honest appraisal for your car. Thanks to the internet, you do not need to get out of your house or office to get an estimate. There are a lot of online tools available to you to get your car appraised so you would have an idea of its current value.
When assessing the value of a car, these tools may help:
Headquartered in Wales, UK, Confused.com offers online price comparison of insurance. Founded in 2002, the idea was born because of the need to have a convenient way to get an insurance quote. The site is owned by the Admiral Group. Confused.com gives free car valuation services in relation to car insurance packages. By giving your car’s plate number and mileage, they will be able to tell you the car’s registration date, your average mileage, the original retail price of the car, its trade-in price, resale value (in excellent or poor condition), and the forecourt price.
Headquartered in California, USA, Edmunds.com Inc. was founded in 1966 by Ludwig Arons. The website was launched in 1995. The company was originally a publisher of booklets containing a summary of car specifications for car buyers to make informed decisions. Through the years, it formed partnerships with various car dealers and insurance companies. It also added several tools on its site, including free car valuation. Based on the car’s year, model, make, and trim, the 4 estimated values are computed and presented, i.e. trade-in, private party, dealer retail, and certified used. Other factors like mileage, depreciation, features, and car condition are considered.
Kelley Blue Book was originally known as Kelley Kar Company in 1918 when American Les Kelley founded it. Kelley published the Kelley Blue Book in 1926, which became the standard in car valuation. It then gave birth to the company Kelley Blue Book in the same year. The company provides information on the value of a car based on its mileage. The tools on the website also give information on a car’s retail value, trade-in value, certified pre-owned value, and private party value. You get all this information by providing your car’s make, model, year, mileage, and your zip code. They pride themselves in gathering up-to-date information all across the US to be able to calculate accurate car pricing information.
But if you just need extra cash and don’t wish to sell your car, you can check out title loans from Opa Locka.