Knowing what a fair price is to pay for a used vehicle is important when buying or selling a car. There are many factors that play into the value of a car, including location, condition, mileage and features. Being informed about the best price for your vehicle will help make sure that you get a fair deal no matter which end of the transaction you are on.
Instructions
- 1
Gather information about the vehicle. You will need the year, make and model of the car to start with. Often, cars come with packages that are noted by numbers or letters after the model, such as the Honda Accord EX. If you have this information, it will help give you a more accurate pricing. You will also need to know whether it's a two-door or a four-door model and what the mileage on the odometer is.
2Check Kelley Blue Book online. Here you will input your zip code so you can get accurate market information for your area. The same car will cost more or less depending where you live (a major city or in the country, for example). Next, input the make, model and year of your car.
3Select the value you want. You can now select whether you want the trade-in value, the private seller value or a suggested retail price.
4Input additional information. Here you will put in the engine size, the equipment it comes with, such as premium sound or leather seats, and the mileage. Next, you will input the condition of the vehicle--poor, fair, good or excellent. This will give you a price estimate that you can expect to sell or pay for that vehicle.
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