How to Get a Car Appraised

Excited Couple Reviewing Trade in Offer with Salesman

A car appraisal is an important tool in your car shopping experience, but many Rumson drivers wonder just how to get a car appraised in the first place. The good news is that the process is quick and easy, and it can give you a lot of insight into your car’s current value on the market. Then, you can use this information for the best deal possible when you sell or trade in your vehicle. Find out how appraisal for cars works, and get more finance tips at Land Rover Monmouth today!

 

 

What Goes Into a Car Appraisal?

Your car appraiser will carefully assess your vehicle using a number of different variables. This includes everything for condition and age to lesser-known factors. Let’s go through some of the basics:

  • Make and Model: Different vehicles have different base values based on their initial prices, as well as age.
  • Condition: From everyday wear and tear to major accident damage, your car appraiser will inspect your car’s current condition.
  • Future Use: Cars that can be resold on the lot are worth much more to the dealership than cars that are shipped off to an auction. That’s why trade-in value can differ quite a bit from sale value.
  • Mileage: Cars usually drive 12,000 miles per year. Cars with drastically higher mileage can see lower appraisal figures.
  • Maintenance: The better your car has been maintained, the better value you’ll fetch at your vehicle appraisal.

In some cases, timing can have an impact on how much an appraiser will offer you for your vehicle. Learn about the best times to trade in a car before you stop in!

Where Can I Get a Car Appraisal?

Many Colts Neck and Red Bank drivers opt to get a quick estimate with sites like Edmunds or Kelley Blue Book—or our very own trade-in valuation tool! However, this is just an estimate. Getting a full car appraisal at a dealership is a great option, because you’ll have a firm offer in hand and flexibility to negotiate on the spot. And whether you’re planning on trading-in or selling, you’re in a great spot to complete the whole process in one place.

What Happens After Your Car Appraisal?

Now that your car is appraised, what steps do you need to take?

  • If you’re trading in your car at a dealership, you can simply turn in your vehicle and use the trade-in value toward the price of a new car.
  • If you want to sell your car at a dealership, you can get an instant cash offer and be on your way.
  • If you’re planning to sell on a marketplace like Craigslist, think long and hard about it. Craigslist is riskier due to safety concerns and potential scams, and the time and effort required to sell privately is often a bigger hassle than it’s worth.

Schedule Your Vehicle Appraisal Today

Want to get one step closer to selling your car? Get a quick estimate of your car’s current market value online, and feel free to contact us with any questions. You can stop by our showroom in Eatontown to learn more!

 

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