How Will I Know How Much My Old Car is Worth? Factors That Affect The Value of Old Cars

Are you thinking of selling your old car, but are unsure about how much money you can actually get for it? Figuring out a reasonable price to let go of your car can be a daunting task, as there are a variety of different factors which can affect its value. We often think about the resale value of a car when we buy it or cash for scrap cars Newcastle, but it’s usually the last thing on our minds when we’re actually using it. This means that when the time comes to sell it, the resale price is often disappointing. When this happens, consider scrapping your car to get the most bang for your buck. If you’re like most people, who enjoy using their car without worrying about what its future will be, then read on for our tips on what exactly determines the cost of a used car.

, but it’s usually the last thing on our minds when we’re actually using it. This means that when the time comes to sell it, the resale price is often disappointing. When this happens, consider scrapping your car to get the most bang for your buck. If you’re like most people, who enjoy using their car without worrying about what its future will be, then read on for our tips on what exactly determines the cost of a used car.

Factors which can affect value of your car

Appearance. The interior and exterior appearance of your car matters. Fewer scratches, dents and rust damage mean you’ll probably get a better price. If your interiors are clean, your upholstery, tires and electronic equipment well-maintained and you’ve been getting your car regularly serviced, then your car is likely to get a higher price.

Mileage. This is probably the most important factor to consider when determining the value of an old car. The greater the mileage, the more the car has been used, and the greater wear and tear it has endured. A lower odometer reading will get a higher price.

Brand and model. If your car brand and model experienced high sales on the new car market then it will probably have similar success in the used car market. This is because more vehicles on the road mean a better service network. A car with parts that are easy to find will be a more attractive sell.

Age. Usually, the older the car, the lower the resale cost – unless your car is vintage. Every car has a lifespan, and the less time your car has on the clock, the less it will be worth. Older models that are no longer being produced are often worth very little – and their parts may be completely useless. If this is the case, then you may be better off scrapping your car.

Ownership history. A car will always be worth more at its first resale rather than its second or third. Cars that were company owned may have a lower value as they would have been handled by multiple employees and chauffeurs.

Operability. If your car is running and roadworthy, then it will still have useful parts which can be used for other cars. Car removalists love these cars and will most likely give you a good offer for them. If it’s not operable, then you’re best off selling it to a scrapper anyway for its scrap metal value. You won’t get as much money for it, but you’ll get something!

Available parts. Buying a car with parts still intact will earn you more money than a car without. Car scrappers will salvage the remaining parts to sell on to others, and will probably pay more if these parts are in good condition.

Weight. This may be a factor to consider when you’re trying to scrap your car. Most car removal services will be interested in your old car because of its weight and therefore its scrap metal value.

Call Viper Cash for Cars on 0435 237 333 to get a good deal for your old car. If you’re unhappy with the price you’ll get for your car, sell it to us! We know how much of a hassle it is to go through the long procedure of finding a buyer for your car, arranging all the documentation and arranging payment. Now you have an alternative. Viper Cash for Cars can pick up your car from your home so getting rid of your car is a stress-free affair. We can take care of paperwork and transferring registration, all you have to do is give us a call for a free quote and talk to one of our friendly team members. Don’t delay, contact us today. See our services: Lexus wreckers Newcastle & how to dispose of a car.