Vehicle Valuations | Why now is the best time to get yours
For many people, getting a vehicle valuation is often the first step when beginning to look for a vehicle. Like most products, vehicles depreciate in value as age, miles and wear and tear collect on the vehicle. However, in recent months, some vehicles have actually started to increase in price! Read on to find out why now may be the best time to sell your car.
How do I get a Vehicle Valuation?
Getting a vehicle valuation has never been easier, and you can get a vehicle valuation from almost anywhere today. Valuations can come from large dealer groups where you may want to part exchange your car. You can also get a valuation from companies that simply specialise in buying used vehicles, you may use this service if you are just after a quick sale of your vehicle, often for a cheaper price.
Why is now the best time to get a valuation?
As you read before, the current prices of some used cars are actually increasing! This is due to a number of factors, chiefly the current difficulties some manufacturers are having in producing new cars.
As a result, increased demand for used cars have seen their prices increase month by month towards the end of 2021. What this means for you as a driver, is that you may want to consider getting a valuation on your vehicle, as it could be worth more than it was this time last year.
What is considered in the value?
There are a number of factors that are considered when your vehicle is being appraised. Key elements include:
- The mileage the vehicle has
- How old the vehicle is
- Any damage or wear and tear
- The specification level of the vehicle when it was purchased new
- How in demand the vehicle is
What do I do once I get my valuation?
Companies can differ in how the carry out their valuation process. At Toomey Motor Group, you can recieve an instant online valuation via our website. Once you have your valuation, we will contact you to discuss the price offered, and if you are happy, book an appointment for an in-person appraisal.
To make the process smoother and for you to get the most money for your vehicle, it is advisable to bring with you:
- V5 Registration form
- Any service books and MOT certificates
- Locking wheel nut
- Any spare keys
- Spare wheel or tyre inflation kit
Can I sell my car if it is damaged or written off?
If your car is damaged or written off do not worry! Most companies are happy to buy vehicles in almost any condition. Please be aware that the condition of your vehicle will affect the price offered.
So there you have it, everything you need to know to get the best possible price for your beloved vehicle.
To find out more visit our online valuation tool for more details.
(Images via freepik.com)