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You are here: Home / Business / Understanding What a Car is Worth

August 14, 2012 By tony

Understanding What a Car is Worth

No matter whether you are buying or selling a car, it will be important to establish your car’s worth. In the case of selling a car, you need to be sure that you are not talked out of a good deal of money by those who may know more about cars than you and in turn try to make the most of your naivety, whilst those buying a car need to be sure that they are getting what they are paying for.

The true cost of a car can be hard to quantify. Even if you look online to see how much similar cars are being sold for, you may actually simply be copying someone else’s erroneous pricing and therefore it is always worth trusting professionals over a friend’s estimate or the amount that similar cars are being advertised for.

There are plenty of sites that offer an online car valuation free of charge that will help you establish the worth of a vehicle, no matter whether you plan to buy one or sell one. Getting a car valuation can save a great deal of hassle and ensure that you do not waste money in advertising cars again and again at the wrong price, or simply losing money by undervaluing what you have.

However, in the case of buying a car, once you have had a car valuation free of charge, it also worth doing a little extra legwork. The car valuation will tell you if the car is reasonably priced or not, but with car insurance rising all the time it might not tell you how much you are liable to pay in insurance or even how much tax and fuel consumption might put you back. With many drivers paying 8.5% more for insurance than they did a year ago, finding out insurance costs for a car is more important than ever, so be sure to research such information on top of the valuation you get.

For more information visit www.glass.co.uk/Valuations/Find-a-car

Related posts:

  1. What is That Car Really Worth?
  2. Getting the Best Deal on a Car
  3. Getting Peace of Mind When Buying and Selling Cars
  4. Proving What Your Car is Worth

Filed Under: Business

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