Value My Car
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About
Value My Car uses AI to provide free, fast, and accurate car valuations in the UK. Its AI analyzes market data and considers various factors like mileage, age, condition, and color to estimate a car's worth. The service is quick and doesn't require an email address. Valuations are estimates and not guaranteed offers. The website offers additional guides and resources for selling cars.
Platform
Task
Features
• market data analysis
• free service
• considers various factors (mileage, age, condition, color)
• email-free valuation
• fast valuation (under 30 seconds)
• ai-powered car valuation
FAQs
Are online car valuations accurate?
Online valuations give a good estimate, but accuracy depends on matching the tool's assumptions about your car's condition and history. A price range helps account for this.
What types of cars have the highest value?
Luxury and premium vehicles, as well as reliable cars from reputable manufacturers, tend to hold their value best in the used car market.
How much does mileage affect a car's value?
Mileage is a major factor; higher mileage lowers value due to increased wear and tear. Staying below the average yearly mileage (around 12,000 miles) helps maintain value.
What's a fair price for a used car?
A fair price is close to the online valuation, adjusted for any issues impacting the car's condition and performance. The average used car price in 2022 was £17,385, but this isn't a reliable benchmark for all cars.
How do you get paid properly when selling a car?
For private sales, only accept cleared BACS payments for security. Avoid cheques and cash; if a cash payment is insisted upon, meet at a bank to verify the money.
Why are used cars so much cheaper than new ones?
Cars depreciate significantly; expect a loss when reselling unless significant refurbishment has been done. A new car loses 20-30% of its value after a year and is worth only about two-fifths of the original value after three years.
When's the best time to sell a car?
The best time varies by car type, but generally February and March are good for selling to dealerships. SUVs sell better in winter; coupes and convertibles in summer.
Can I sell a car that isn't taxed?
Selling a car with no tax or MOT is legal; just inform the buyer. This may reduce the car's value.
Do you get the same value when you part-exchange?
Part-exchanges offer lower valuations than private sales, as the dealer accounts for profit on resale.
What needs to be done after a car is sold?
After a sale, create a receipt with buyer and seller details, and vehicle information. Hand over documents and inform the DVLA.
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