If you want to sell your used car, you may wonder how much it is worth. Even late models and junk vehicles still hold value. Below, find a few methods you can use to get an estimate.

How Can I Calculate the Average Value of a Used Car?

1. Research Listings for Similar Cars

Unless your car is decades old or rare, you might be able to find people selling similar vehicles online. Online listings will give you an idea of what others are asking, as well as how much buyers are willing to pay.

When comparing listings, only base your conclusions on cars with similar mileage and in the same condition. Extra accessories should also factor in, since they increase resale value.

2. Compare Prices at a Dealership

You can also visit your local dealership to ask what your car may be worth. Not only might you find the same models being sold, but you could also ask about trade-in deals. These allow you to turn in your used car for another model. 

However, if your car is a late model or no longer operating, dealerships will typically not accept it.

3. Use an Online Calculator

Car valuation websites are useful resources for finding out how much your used car is worth. These tools will ask for your vehicle’s year, make, model, mileage, and zip code. You might also have to enter additional details, like vehicle style, category, equipment, and condition, to get an estimated value.

Keep in mind that these estimates are based on market conditions, demand, and other factors. They don’t analyze actual used car sales, so what someone will be willing to pay can be different.

Looking to sell your used car for a fair price? Let Stewart’s Used Auto Parts in Barkhamsted, CT, help. They accept vehicles in all conditions, including junk cars. They recycle and sell different auto parts to give your old car new life. Learn more about recycling used vehicles on their website or call (860) 379-7541 to discuss your needs.