![]() You can also check online used-car selling sites like Autobytel,, Auto, or eBay Motors. Look for vehicles that are similar to the one you are considering in terms of model year, mileage, trim level, options, and condition. Sometimes it's difficult to sort out the private sellers from the hidden dealer ads, but it's a good place to start. While printed pricing guides and website estimates can give you a general idea, you can often get a better fix on a car's worth in your region by localizing your search, whether it is by checking the classified and dealer ads publications, and some of the online used-car selling sites. Every step of the way, the middlemen take a markup and the car acquires a new "value." ![]() Dealers and brokers may buy auction cars for resale. If the car goes to a wholesale auction, which many do, then there is an auction price. Then there's a dealer-to-dealer price when one dealer sells that car to another. One is what the dealer offers a customer as a trade-in. In the wholesale end of the business, a car can actually command several prices. Understandably, the trade-in price is much lower than the retail price, and it is unlikely that you will be able to buy a used car for this price.īut it's a figure you should know if you're trying to decide whether to trade in your current vehicle or sell it yourself. This is essentially a car's trade-in value to a dealer, who will likely sell it to someone else for profit. Retail is also considerably higher than the price you'll receive for your trade-in because it includes a profit margin for the dealership. ![]() If you are buying it from a private seller, you can usually expect to pay a somewhat lower price. ![]() This is the higher of the two prices, and is what you would expect to pay for the car if you were buying a car at a dealership. For any used car there are two prices: retail and wholesale. This depends on a number of factors, including the vehicle's age, mileage, condition, trim level, optional equipment, and even the region where it's being sold. Whether you are buying from a dealership or a private party, it's important to know a car's current cash value. ![]()
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