Iran Fax » Money Wed, 27 Feb 2013 06:48:23 +0000 en-US hourly 1 What’s Your Car’s worth? Wed, 27 Feb 2013 06:48:23 +0000 admin If you’re thinking of getting a brand new car, you must’ve thought about what you’re going to do with your old one. Most people will often trade cars for cash to add more funds to the car that they want to buy or for something else. It’s always nice to have some extra cash anyway. However, some people would want to sell their own car themselves instead. While consulting some dealerships about the process of trading cars on their end, it’s wise to get a ballpark value for your car yourself so you would know the true value of your car in the market. There are three values in trading cars: trade-in, private party, and retail. Check the trade-in and private party venues for a good estimate. It will help you walk through determining your car’s condition. Next, check the local classifieds to see how close the asking prices of cars that are similar to yours are to actual book values.

What’s Your Car’s worth?

In most cases, dealerships will offer you less than your car is worth. Don’t take it personally, it’s just business. They need to spend some money in restoring and repairing your car so they can still sell it in the market and gain some profit. If you are trading in an old car with high-mileage, expect the offer to be very low.

What’s Your Car’s worth?

Selling your car on your own, on the other hand, is the best way to get the most money for it. But of course, you have to get the current retail value of your car. You need to include all the options and the actual mileage. Once you’ve determined the actual value of your car, you can post it via online classified ads or through the local newspapers. Make sure you have all the paper work done on hand for easier transaction.


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Aaron Gold has been an automotive journalist for over a decade and has been writing guides and reviews for different automotive websites.


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