How to Use the VIN Number for Value of a Used Car

It's always important to do your homework when you are looking to buy a used car. You don't want to pay more than you should for a car that has a long history of damage. You can use the unique VIN (vehicle identification number) to get a more detailed history of the car's makeup. Every car has a VIN, and since 1981 they have been organized into a 17 character system. Research the VIN number to learn about the true value of a used car.

Instructions

1

Go to Motoverse.com.

2

Enter in the VIN number into their search engine and press "Go." If the VIN is entered correctly, details such as engine type and the date of manufacture will be listed on the following page.

3

Compare the decoded VIN information from Motoverse with the information provided by the seller of the used car. The VIN doesn't lie, so the information should match (such as the car age).

4

Bring a mechanic to look over the car engine. If the parts in the used car are not the same as the ones listed by the VIN, then you know those parts have been replaced.

5

Order a car history report from online or at a used car shop (the VIN is needed). There are a number of different companies that offer this service and they usually require a fee for a full history.

6

Go to the Kelley Blue Book website (kbb.com) and search for the estimated value of your used car by clicking the "Year, Make & Model" link listed under "Used Cars."

7

Select the "Year, Make and Model" of your used car from the drop down menus and press "Go."

8

Specify the individual car details from the options listed including the condition (Excellent, Good, Fair or Poor). The following page will list what the estimated value is for that car.

9

Compare the information you gathered from Motoverse, your mechanic and the car history report to the estimated value report at Kelley Blue Book. Things like replaced parts, damage history and engine condition all affect the current value of a used car.