![]() ![]() Certain types of cars sell better in certain geographic In addition to venue of sale, other factors such as location and time of year can have a major impact. Other methods such as selling to a dealership or through auction are quicker, but the valuation will be lower. Much more work advertising and meeting buyers. The highest prices are almost always achieved through private sales, but the downside of selling your car this way is that it involves a longer wait and One of the largest determinants of value is the sales venue. More expensive stereo can reduce the value of your car.Īs well as factors influenced by your car, there's also the question of where you sell it. Some insurers will even refuse to insure a car for simple modifications such as alloy wheels. Even when buyers don't mind the fact that a car has been modified, they might be worried about the insurance Modifications for your particular vehicle model. That you lose value if you've modified your vehicle, however in a minority of cases your modification may have increased value if there is an active market in Most buyers prefer unmodified cars so you might find If you've made modifications to your car you're likely to find these will have an impact on the value. There's no hard and fast rule of which colours will put off buyers as unpopular colours for one model can be popular on another car. In most cases it isn't worth the expense of paying for a respray, but you should keep this in mind if you’re ![]() Keep the receipts from these services so you can show interested partiesĬar colour also can have a major impact on sale price. Having a full service history can increase the value of a car because it will assure potential buyers that at you've looked after the vehicle and had it regularly Headlight for £20 on eBay, but if you didn't replace the broken light the value of your car might go down by hundreds of pounds. For instance, you might be able to buy a replacement In many cases you could repair the problem for less than the value reduction, not repairing it will cost you. Some car valuation services are able to give you an idea of how much each piece of damage will have on your final sale price. How much each item of damage will reduce the value by depends on the car, so while a chip in a door might reduce an expensive car by hundreds it mightīarely impact the price of another car. This includes how much wear and tear the car has, as well as actual damageĪnd previous repairs. The most obvious of the factors which affect the car’s value is the condition of the car. Most buyers will try to reduce the price they pay, even if just by £50. Reply to enquiries quickly, be flexible about when they can view the car, answer the phone when it ringsĪnd be prepared to haggle. Key to a quick sale is being available for buyers to contact. Other venues include Piston Heads, Exchange and Mart and Car Pages Of the free or cheaper alternatives first. If you're not in a rush you could consider some The best venue for reaching a national audience is undoubtedly AutoTrader or .uk but listing here can also be expensive. Mileage is one of the key factors that influence valuation,Īs a car with half the miles of a typical car of its age is far less likely to encounter mechanical failure. You can get reasonably accurate data for free from these supplies, but they'll often charge a small amount to adjust for mileage and optional extras.įor instance, Parkers currently charge £3.49, about the cost of a pint and very much a worthwhile investment. Weren't accurate they'd quickly go out of business. The companies supplying the data also give dealerships pricing guides, and if their valuations Supplied by dealerships as well as the monitoring of other sales venues. These valuations are accurate as they are based on information It's important to get a valuation from a company like Parkers before adjusting for other factors. To your car won't be worthwhile, but with other models you could see a difference of several thousand pounds between cars that rolled off the production line after each With some cars the differences between price achievable for good and poor condition cars is low enough that making changes Services such as Parkers, Glass's and CAP. The price ranges can be discovered for free using car valuation The basic factors influencing your car value are the make, model, year of production and version. Many of these factors are difficult to change,īut there are things you can do to improve the value of your car prior to sale. Range your car will achieve, other factors can mean the difference of thousands of pounds in your final sale price. While make, model and year of production dictate the broad price The price of a car, like that of a house, is influenced by an almost dizzying number of factors. Home > Guides > Factors affecting your car value ![]()
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