What Is Considered In The Value Of Your Car?

Looking to sell your car, but don’t know the value of it, or how much you’ll get for it? Well, luckily we are here to help you with a breakdown for the four factors that contribute to your vehicle’s value. We would like to thank Geelong’s leading cash for cars in Geelong Cash For Cars for the information and their help. For more information on cash for car services and ford wreckers in Geelong.

The Condition Of The Vehicle

If your vehicle has gone through hell and looks worn out, doesn’t work right and has too many issues, you can’t expect to fetch a great price. You’re probably looking at getting very little or nothing for it. That is why it is imperative that you make sure your vehicle is in the best condition possible. The better it is, the more likely you’re going to fetch a great price for your vehicle. Always keep your car in good condition and if you need to make repairs before you get rid of it, do it – you’ll get it back in the value of the car.

The Kilometres It Has Gone

The more kilometres your vehicle as gone, the more wear and tear it has probably experienced. Therefore, the value of the vehicle would have dropped big time. There is no questioning that when it comes to kilometres on the road, it is going to hurt your hip pocket in terms of value. But it shouldn’t be dismissed entirely if the car is in top condition and works well. It might just have an impact in terms of parts and selling it as whole piece.

The Make & Model

If you have a Holden Commodore and are looking to sell it for good dollars, you probably won’t get as much as you think. That is because there are so many Commodores out there, and the market is loaded with them. You can get some good money for the parts, but you won’t make that much money. This is different compared to the likes of having a Mercedes Benz or Lexus. The rarity of your car model is going to affect the value. A more common vehicle suggests that you’ll have problems in regards to getting rid of it because it is so common, as opposed to a vehicle that nobody has.

The Year It Was Built

When your vehicle was constructed is going to have a massive impact of the value of your car. The reason is simple enough: the older the model, the more likely it is used and too old to get any value out of it. That doesn’t mean you won’t get any money from it, especially if the condition is good and it works well. It is just that people are unlikely to buy an old useless car, and don’t necessarily want the old useless parts.

Leave a Reply

Your email address will not be published. Required fields are marked *