Valuation of your used car

Jul 19 2010

While it is a very pleasant and thrilling experience to buy a new car, many people find it tough to understand what to do with their old one. The main problem is trying to value it and accordingly decide on a price to sell it. This is something that they are not able to manage or find time for with the result they prefer to trade it against the new car they buy and invariably lose out on the valuation game.
Whether you are selling it to a private owner or wish to trade it, you must know the valuation so that you do not get ripped off. Leaving it to the dealer at the showroom is not a wise way of going about it as the trade-in price is usually the lowest one as compared to what you can negotiate out of a private buyer.
A lot of course depends on the condition of the car and as long as it is in a good condition, you can hope to get a good price for it and negotiate with conviction. Any accessories that you have fitted will also get their due price, though they have been used.

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