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How Much is My Car Worth?

January 27th, 2012

Car Price Guides

Whether you’re considering trading your car through a dealership, selling it privately, refinancing it, or if you simply want to know what it’s worth, chances are you’ll be counting on a car price guide to assign a fair value to your vehicle. Car price guides can be accessed at the library, credit unions or banks, car dealerships, and online.

While that sounds easy enough, you might be surprised to discover the amount of information that is taken into consideration in determining the value of your automobile. Since a variety of car value guides are on the market, there may also be discrepancies that exist between one value guide and another. For this reason, it is up to the car’s owner to make sure that the car is valued at its maximum value.

Getting Started

While there are several car value guides available, the function of each is quite similar. Basically, you will begin by indicating why you are trying to place a value on your car. Used car values will vary based on whether the car is being traded, sold privately, or refinanced.

Identifying Your Car

Once you’ve identified the type of valuation needed, you

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