How Much Is Your Car Really Worth?

The world of buying and selling cars can often be a bit alien to those who have no experience in it. If you have never bought a car for yourself before, or always bought them new, then you may not have any real idea of what your car is worth second hand. Perhaps you just sell it on to the dealer as a part exchange on your new car and leave it at that. But you could be leaving money on the table. Are they offering you the right price, or not? The best way to find out is to be prepared before you head down to the dealership. Find out how much your car is really worth – and if they are not offering you enough, consider the option of selling your car elsewhere and purchasing the new one fully rather than on exchange.

Get an online quote from a professional service

You should start out by getting a quote from a professional service, one which buys cars over the internet. is a good example of this in action. You head over to their site and type in your registration number. They look up your car’s make, model, and year, and make you a quote for how much they are willing to pay. If you find it agreeable, then you arrange a time and place for them to pick up the car. You then get your payment right away. You can get the quote and then sit on it for a while if you choose to. Otherwise, you can go right ahead and book in if they are offering a better price than your garage. This is a good way to take matters into your own hands.

Ask around for private sales

It might just be that you can sell your car privately and make a really good deal. If you have been told a figure as part of the exchange deal and you do not like it, think about what you would be happy with. Put up a post on Facebook or mention to friends that you are trying to sell your car for the amount that suits you. If no one bites, never mind. At least you gave it a go. Now you can move on to another idea.

Look at online sales

Remember that most dealerships will always pay you less than they think the car will sell for, so they can make a profit. But are there online sales out there which are higher than their quote? If so, you might be able to use them as a bargaining tool. It can’t hurt to try at least.