Flood damaged cars are often moved to other states and sold
to unsuspecting buyers. Don’t get caught buying one of
these waterlogged vehicles - order a full AutoCheck
If you want
to know which vehicles sell the most in 2003, you can read
10 Best Seller Vehicles lists. All of the above factors
- car price, vehicle history, reliability, safety, performance,
features, resale value - are important factors in the buying decision
of used cars. Click
here to check the car make and models to best hold its value
and mechanical condition of used cars are probably the most difficult
factors to measure. But they are the most important factors in the
resale value of a used car. There are many different type of resale
value based on car car history and overal condition (exterior, interior,
parts, and engine):
- Low resale
- Medium or
average resale calue.
- High resale
vehicle history report can be used in the purpose
of measuring resale value. It is a common sense that, we all want
to have vehicle with a clean title record.
low or "too good to be true" price may have high mileage,
one or more defects on their car history or condition. The car may
also have many deffered maintenance or repair. A vehicle that have
salvage title have no measureable value, so the price depends on
the buyers' decision.
in this category are suggested for consumers who can accept high
mileage car as long as the car can do its purpose of transporting
and moving stuff. Make sure that you calculate the cost to do
maintenance or repair compared to buy a slightly higher priced
vehicle with better condition.
medium or average price, may have average (medium) mileage, zero
or one defect on their car history or condition. The car should
have regular maintenance schedule.
in this category are suggested for consumers who can accept average
(medium) mileage with acceptable condition.
premium price should have low mileage, perfect history and condition.
The car should have regular maintenance schedule and don't have
any defferred repair.
in this category are suggested for consumers who want low mileage
car with better than average condition.
Read the odometer
reported on AutoCheck vehicle history report, they usually
are posted every time there is a change in the title or when there
is a smog check. You can calculate how many miles per year a vehicle
traveled. An average mileage for a vehicle is 12,000 miles a year,
so for a 3 year-old vehicle 36,000 miles is considered normal.
affect resale or trade in value:
- Mileage - Do you use your car on weekend only? Probably not.
Most people drive between 10,000 and 12,000 miles per year. Put
on fewer miles and your vehicle will fetch a premium.
- Make and model - A popular model worth a premium value. And
vehicle that are still under manufacturer warranty (3 years 36,000
miles usually) bring a higher value.
- Vehicle options
- Time of Year - Thinking of trading that convertible for an SUV?
Great idea if the flower are still blooming...maybe not so good
if there's snow on the ground. Convertible price is the highest
at spring through fall season.
- Current Incentives - A 0% deal from the manufacturer makes newer
versions of your car more attractive to buyers...which may lower
demand and value for you.
- Vehicle condition - Severely damaged vehicles are less popular
and bring lower prices while "clean"vehicles get a premium.
- Where you live - There are regional preferences for vehicles
based on typical use, terrain, climate, and regional taste.
- Other factors - There are many other variables like economic
conditions, local supply, and new vehicle production that can
affect your value.