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  • How to value a second hand car

    Hi I need to know how to put a price on a second hand car. I am buying a car from my brother in law but he says that I should pay him what I feel the car is worth or that I should get a price for it. How do I calculate what the market value of it is? :?

  • #2
    Contact any new or used car dealership, they will be able to tell you what the current retail, trade-in and resale value is. Alternatively the AA or any short term insurance company.

    Hope this helps.
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    • #3
      Hi shamotz,

      You could go to the nearest second hand car dealer and give them the make and model of the car. Ask them for the trade-in amount.

      In Afrikaans it is called "boekie waarde" don't know what that is in English.

      Regards,

      Andries
      Injustice anywhere is a threat to justice everywhere - Martin Luther King
      See all my stuff up for grabs!

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      • #4
        Thanks bube02 and Andries.

        Know of any reputable dealerships near cresta?

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        • #5
          If you want the book value you can phone any dealer. You don't have to take the car in to them.

          If the car is in good condition, I suggest you go for the book value. They all have a book with every car on the market's value.
          Injustice anywhere is a threat to justice everywhere - Martin Luther King
          See all my stuff up for grabs!

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          • #6
            Market Value of a Car

            It is derived from a handbook called the Mead & McGrouther Auto Dealer's Digest.

            The simple equation is:

            Market Value = Trade + Retail divided by two.

            The above is used for insurance purposes but can be used as a yard stick.
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            • #7
              Originally posted by admin
              Mead & McGrouther Auto Dealer's Digest.
              Thank you Admin, that is where they look in to give you the "boekie waarde". Think it is book value in English, directly translated. :?
              Injustice anywhere is a threat to justice everywhere - Martin Luther King
              See all my stuff up for grabs!

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              • #8
                Hi Shamotz

                On Beyers Naude drive is the CAM garage also known as Jurgens Motors. I think it is on the corner ofAlice. I don't know if the owner is still Johann Jurgens, but I have had many dealings with him in the past and he seemed like a nice, honest guy. I am sure if you take the vehicle to him, he will tell you what it is worth.

                Hope I'm not contravining any forum rules by posting these details.
                We do IT!
                See all our listings here...

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                • #9
                  Thank you all, I will go to see him tomorrow if I can :D

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                  • #10
                    The cars value depend on 3 things, the original price, the mileage, and the year. You can check out the website book value which calculates the value of your car online. It give the book value, trade in value and the retail value

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                    • #11
                      Give me the year model,vehicle description,kilometre reading and i will give you the M&M suggested trade and retail out of the October book.Original price has nothing to do with it
                      Click here for great deals!

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                      • #12
                        White subaru Impreza 2.5RS Sportwagon AWD, late 2005 model, 81 000kms... Excellent condition, FSH, extended warranty and maintenance plan (2yrs/40000km) to 100000km's, climate control, ABS, airbags, new tyres, 112kw... what else do you need.... sorry hijacking thread here...:p

                        Looking to trade mine in... :)

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                        • #13
                          Ring Talk Radio 702 Car show on Fridays 19:00-20:00 they will give you the value, great show!

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                          • #14
                            Originally posted by qball View Post
                            White subaru Impreza 2.5RS Sportwagon AWD, late 2005 model, 81 000kms... Excellent condition, FSH, extended warranty and maintenance plan (2yrs/40000km) to 100000km's, climate control, ABS, airbags, new tyres, 112kw... what else do you need.... sorry hijacking thread here...:p

                            Looking to trade mine in... :)
                            Hi , this is the suggested trade and retail value on your car however it doesnt mean a garage will pay you that,they work on what you buying,
                            trade 94800 and retail is 109800
                            Click here for great deals!

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                            • #15
                              Damn.. i STILL can't afford Cuan's wagon :eek: *dramatic sigh*
                              What's for sale today?

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