When buying a used car from a private party or dealership, it is imperative to learn how to estimate used car’s current values correctly. Alternatively, it is prudent to work with expert valuers from valutazione auto usate for a comprehensive and detailed valuation exercise. Here are four used car valuation tips to help you determine the real value of a used car.
Factors to Consider
Car mileage should be the first consideration when estimating the value. The distance scale helps determine the actual age of a car. If for instance, the average mileage per year is 12,000 miles and the car is two years old but has 48,000 miles, it means that mechanically the car is four years old. Therefore, more miles will attract a lower value.
Be sure to review the vehicle history report for the car you are interested in buying. Car buyers these days can access vehicle history reports from several different companies online at a small fee. You are only required to produce the license plate and vehicle identification number. The reports can help you obtain relevant information, including whether it has a salvage title. If these reports reveal the negatives, it would be prudent not to go any further.
Test-driving will help you know if the vehicle is in good condition. Just make sure that you simulate the conditions of your normal driving patterns. If you are planning on highway driving, then you should make sure that you take the car up to at least 65 mph. But if you go into the mountains on a regular basis, it would be best to test the vehicle on a steep slope.
If the test-drive reveals that the car is in the right condition, feel free to ask the dealer or owner to give you copies of the service records to ascertain whether the car has its scheduled maintenance performed on time. Do not think of negotiating any further for a car that has been involved in a more severe accident or has had major repairs, such as engine overhauls, transmission rebuilds or valve jobs.
Have the car inspected
It is very crucial to consider having the car thoroughly inspected by a trusted mechanic before you negotiate to buy it. In fact, bringing in an expert for a pre-purchase inspection will save you a significant amount of money. Unlike a dealership, a private party will almost certainly allow you to take the car to your trusted mechanic without much resistance.