If you are planning to buy or sell a car and had questions, getting an appraisal may be a necessary step. However, you don’t have to hire an official appraiser to find out the value of your vehicle. In fact, you can get a good idea of how much your car is worth by using online resources.
These include Edmunds, Kelley Blue Book, and NADA Guides. While these are popular online resources, they also have their limitations. You should be careful when limiting yourself to one source of information. This leaves you open to huge blind spots.
Another resource is an insurance company. Insurance companies will look at your odometer reading and your vehicle’s condition. Some will offer a lower settlement than your car’s true value.
To obtain an accurate appraisal, you should consult with an independent appraiser. An appraiser will use a detailed checklist to assess your car. They will check the body, the interior, the tires, the engine performance, and the trunk.
It is important to keep up on regular maintenance to increase the resale value of your car. Maintenance includes oil changes and keeping filters clean.
Having adequate insurance is another way to maintain the value of your vehicle. If you recently made repairs, be prepared to provide proof of the cost to your insurer.
When purchasing or selling a used car, you may want a third party to verify that the price is fair. A car appraiser can be a valuable tool in helping you make a good deal.