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Wondering how much your car is worth in Queensland? Whether you’re planning to sell it soon or just curious, knowing your car’s market value can help you make informed decisions
When looking to sell a used car, it is important to find out what your vehicle is worth before you put it on the market. There are several ways you can go about doing this. The most common and efficient way can be to do a little research about it by browsing the market and finding out how much people are selling vehicles that are similar to yours, getting your vehicle evaluated on sites that offer car evaluations, or having your vehicle valued at a dealership (when planning to sell it to the dealers).
Why not give Swift cash for cars a call or submit online inquiry form for a free quote. We specialise in offering cash for cars any make or model across Brisbane and gold coast regions. With over 10 years of car valuation experience and a fully trained team of valuation experts we can tell you how much your car is worth and buy it all on the same day.
2. Market Research
One of the most reliable but time consuming ways to estimate your car’s value is by researching the market. Look at similar cars in Queensland that are up for sale online or at Brisbane car auctions. Pay attention to these details when comparing your car with others on the market:
3. Online Car Valuations
Another way to evaluate your vehicle is by using an online car value calculator service. There are many car sites that offer such services for free. All you need to do is visit the site, punch in your vehicle’s information, and push the button to get the value of your vehicle.
However, it’s important to note that not all sites will give you a true estimate. Some sites only ask for the make, model, and year of your vehicle. This leaves out crucial information like your vehicle’s condition and driving history. Information such as whether your vehicle has been in an accident or whether it has any dents or scratches will not be taken into account.
If you decide to use such online services, it’s important to use sites that ask you for as much information as possible about your vehicle. The more detailed information you provide, the more accurate your valuation will be.
Online Car valuation tools we recommend:
4. Going to A Car Dealer
If you prefer having your vehicle evaluated by people who are in the business of selling used vehicles, such as cash for cars dealers, then you should be careful. When people go to dealers to sell their used cars, they almost always pay a lower price than the private market value.
Some dealers will lower the value of the vehicle tremendously when purchasing it in order to maximise their profit when selling it. The first offer a dealer gives should always be challenged because, almost always, there is room to bargain with the price.
Selling your used car to a dealer is a fast, hassle-free, effective method that will save you a lot of time and effort. However, if you don’t negotiate on the dealer’s initial price, it could leave you with less money in your pocket.
We only recommend going to a dealer if your car is good condition and has current registration.
Every vehicle loses value over time, with depreciation being the most significant factor. From the moment you drive off the dealership lot, your car’s value starts to drop. This is because it’s no longer considered new. Each year, your vehicle depreciates further, within 1 year you can expect the average vehicle to depreciate by 20% .