Used Car Trading evaluates transaction steps

  • 266071.00 Rs.
  • Published date: March 19, 2021
    • Qingdao, Qingdao, Arunachal Pradesh, India
  • [ #41803 Ads Views - 5 ]

Many owners who follow Used Car Trading must be wondering how Best Car Deals is evaluated: how is the price of a used car valued? How is the depreciation rate calculated? What if you get the price wrong? Next, follow every day to take a look at the car Xiaobian.

To understand how a used car is evaluated, follow these four steps:

Step 1: Inquire the market price of the new car used trading

Many owners think assess a 2 car trading price, the first thing to look at this new car that used car prices, but most thought that new car price is pricing, actually otherwise, you should evaluate this used car, the first thing to look at the car's new car price, is to get the actual price of the new model, generally higher than the new car price range thousands to tens of thousands. If you don't have one, find a similar one.

Step two, calculate the depreciation rate

After knowing the actual price of the new car used trading, depreciation can be calculated according to the actual price of the new car. Generally speaking, the new car falls to the ground, the first year depreciation is 15% - 20%, the second year depreciation is 10%, the third year depreciation is 8%, to the back of the fifth year, basically stable at 5%.

Step three, adjust the actual depreciation rate according to the vehicle condition

Altogether one car one situation, besides calculate depreciation according to car age, still need to wait according to the appearance of the car, brand to keep quantity, color, displacement to add or subtract depreciation rate, finally calculate a real depreciation rate.

Step 4: Final price adjustment

When we get a used car residual value rate according to the above method, it still needs to be adjusted according to the actual situation of the market. Like whether the car has been discontinued. If the car has reached the age of 5 years, then the depreciation rate will slow down in the future, the market price fluctuates greatly, if the owner is not in a hurry to sell, it is suggested to wait and see for a period of time.

Finally, every day to shoot the car Xiaobian want to say, if the owner wants to sell a car, it is best to find reliable people to help evaluate the price of a car, or find a few more evaluation, the heart has an exact price, then find a car dealer or personal transaction, so the probability of pit will be smaller. The best car deals market is not yet regulated, and car owners are likely to lose thousands or even tens of thousands of dollars due to their own carelessness.

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