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Buying a used car. You want to know you’re getting a good car and avoid overpaying for it. With our Value Range tool, you get a realistic value of the car you’re considering. Start with the knowledge of what others have paid for similar vehicles. Everything you need to know about buying a used car
CarGurus is the leading online automotive marketplace that helps consumers find great deals and connect with top-rated dealers. We calculate the CarGurus's Instant Market Value of every car by using proprietary algorithms that analyze hundreds of thousands of used cars.
Your car’s value will be an estimate based on what dealerships will pay when they buy your car as is. This is the value you could potentially sell your car to a dealer for. Since dealers need to recondition every used vehicle before selling it, your estimate will be lower to similar vehicles you find in the market.
- What Do You Need to Calculate Your Car’S Value?
- Will My Car Value Be Higher in Other Provinces?
- Compare Your Car Value in Canada to What’s Online
- Online Calculators to Check What Your Car Is Worth
- What Affects Your Car Value in Canada?
- Should You Get An Appraisal?
- Final Thoughts on Finding A Car Value in Canada
To accurately determine the value of your car, you’ll need a few pieces of information: 1. Vehicle identification number (VIN) 2. Year, make, and model 3. Mileage 4. Colour 5. Vehicle condition 6. Added features 7. Your location
Your location plays a role in your car’s value. The roadways, topographies, and climates across Canada will affect the vehicle’s condition. For instance, rural parts of Alberta have rough terrain and harsh winters, which can be tough on a vehicle’s body and paint. The salt and sand that are typically used throughout the winter months to prevent sli...
Once you have all the information needed to determine your car’s value when selling privately, selling to a car dealer, or trading in your car, go online to see what vehicles similar to yours are currently selling for. Not only should you pay attention to the asking prices, but also the volume of cars like yours. The lower the number of similar veh...
There are several independent third-party platforms online that provide vehicle value information across Canada, including the following:
In addition to the factors listed above, there are a few other elements that will impact your car’s value:
There are a few good reasons why you might want to have your car appraised by a professional: You’re planning to sell your car. Having your car professionally appraised will show buyers that your asking price is fair and based on the current market. You’ll have more negotiating power with proof of what your car is worth. You’re using your vehicle a...
There are several reasons why you’d want to know what your car is worth. Fortunately, there are many online calculators available that you can use to quickly find out your car’s value, whether you plan to sell, trade in, or use your car for loan collateral. Just remember that every car’s history is different, and every dealership knows how to evalu...
A car value estimator in Canada works like a calculator for your car's worth. You input details about your vehicle, and it spits out a range of car values. One of the most well-known is the Canadian Black Book, which has been around since 1955. It collects data on car sales across Canada and uses that information to estimate values.
Use our Free used car and truck calculator to determine your approximate vehicle trade in value. The tool is easy to use. You will just select your vehicle make, followed by the year, followed by the model. We will whip you over to our data partner VMR Canada who will provide you with the list of available styles and the wholesale and retail ...
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If you don’t want to deal with the time and expense yourself, taking a lower asking price from the dealer might be a better plan. Either way, the CarGurus Instant Market Value calculator and Sell My Car online service give you an important ballpark to work within for your negotiations to ensure you get a fair price for your used vehicle.