How to Get the Most Accurate Car Valuation

When it comes to selling your car, we know that receiving a fair and competitive price is essential, and we believe the process should be transparent and straightforward. If you’re looking to sell your vehicle, you might be wondering how to get the most accurate valuation. Below, we explore some of the key factors that can impact your car's value, and provide our tips to secure the best possible price.


 

What Factors Can Affect a Car’s Value?

A car’s value can be impacted by several factors, including:

• Service History - A documented history of regular maintenance and repairs increases your vehicles value. On the other hand, a patchy service history can raise concerns that the car hasn’t been maintained properly.

• Age – Cars depreciate as they age, with the exception of classic cars and some well-maintained older models.

• Condition – Dents, scratches and mechanical issues can impact your vehicle’s value.

• Mileage – Generally, the lower the mileage the higher the value, but excessively low mileage could raise some red flags about the car’s history.

• Make and Model – Some brands hold their value better than others, and higher trim levels with more features can be worth more.

• Number of Previous Owners – Cars with fewer previous owners are often worth more.

• Modifications - Non-standard modifications can decrease a vehicle’s value, as they don’t appeal to all buyers.
  
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How to Maintain the Value of Your Car

You can’t control every factor that decides the value of your car, but there are a few steps you can take the help retain its value:

• Make sure it has a full-service history and recent MOT.

• Keep all of your original documents, service records, and receipts organised, and stick to the manufacturer’s recommended servicing schedule.

• Use genuine parts and quality fluids.

• Keep it clean – regular washing and waxing will help to protect the paintwork.

• Repair minor scratches, dents and chips promptly.

• Avoid harsh acceleration, braking, and cornering, which can wear down the car’s components faster.

• Keep mileage within reasonable limits for your car's age and model.
  
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How to Get the Most Accurate Valuation

Following our tips below can help you get the most accurate valuation for your vehicle:

• Know Your Car's Details: Knowing the ins-and-outs of your car will give you a good indication of its worth. This includes the car’s year, make, model, trim level, mileage, options, and condition (excellent, good, average, fair, poor).

• Inspect Your Car Thoroughly: Make note of any minor or major flaws, damage, mechanical issues or repairs that might be needed, as these can significantly impact value.

• Research the Current Market: Having a look through listings and ads of similar vehicles for sale in your area will help to give you an initial idea of what your car may be worth.

• Prepare Your Car for Sale: Make sure it’s clean, has all of the history and documents together, and you’ve got both keys. Repair any minor damage. Gather service records, receipts, and proof of any major repairs or maintenance.

• Remember to Be Realistic: Try not to overestimate your car's value based on sentimental attachment.

• Sell Your Vehicle to Lloyd Motor Group: We want to give you an accurate and equitable valuation for your vehicle. Our valuations are based on real-time market data, and we take into account factors like mileage, age, the number of previous owners and condition.
  
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By following these tips on how to maintain your vehicle’s value and how to get the most accurate valuation, you can increase your chances of getting the best possible price when it's time to sell your car.

At Lloyd Motor Group, our expert team ensures that you receive a truly transparent and equitable valuation for your car, using live market appraisals. With us, finding out the value of your car has never been easier with our quick, easy, and convenient process. To value your vehicle today, simply tap the button below, enter your car registration and fill in your details.

VALUE YOUR VEHICLE