The true value of the car is dependent on a couple of things such as the make, model, condition, age and mileage. They all contribute to the overall value of the car and each of these things can have a negative or a positive impact on the value of the car.
If you are interested in purchasing a used car then listed below is how you should estimate the value of a car.
The make and model of a car play an important part in evaluating and estimating the true value of it, renowned brands such as Honda and Toyota tend to have a higher value since they tend to last for much longer than many manufacturers.
Determine the actual age of the car and how old it is because the older the car gets the lower the value, unless of course it is a classic. The year of a car is also important for estimating the value because some models are more successful than others which mean that they are worth more.
Check the overall condition of the car, the maintenance, the service history and also the repairs that have been done and those that need to be done. A car that has low mileage and is near new condition will be worth more than the car that has been used roughly.
These are just some of the things that help you determine the value of a used car, another effective way to estimate the value of a used car is by browsing through different dealerships and private sellers and see what they are selling that same car for.