How Do I Know How Much My Car is Worth? | OK Carz

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How to Determine a Vehicle’s Condition

Trading in your vehicle can drastically lower your payments for a replacement. However, it’s not always clear how much you should expect in return for your previous vehicle. Brand, year, model, condition, and mileage all play roles in determining its value. How do you know how much your car is worth? Here at OkCarz, we provide estimates that make budgeting for your next vehicle much easier.

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Get an Estimate of Your Car’s Value at OkCarz

The key to calculating the value of your vehicle is to be honest with yourself. Are you exaggerating your car’s condition to make it seem better than it is? Is it considered “good” or “clean”? Of course, this is all subjective. Despite this, you can still get in the ballpark rather accurately if you understand what each category entails. Here are some examples to help you determine your vehicle’s condition.

Excellent/Very Clean

Used vehicles rarely fall under this category. For a car to be deemed “excellent” or “very clean”, the car must appear new. That includes no fading, stains, paint damage, rust, or dents. Mechanically, the vehicle can’t have any issues with the powertrain or features.

Very Good/Clean

Drivers that take good care of their vehicles may have their vehicle fall under the “Very Good” or “Clean” category. Vehicles may have minor wear from being used over the years, like some scratches or even some dings that could use some touchup. Mechanically, the powertrain is free from any major problems.

Average

Most used vehicles are placed under the “Average” category. Wear is consistent with age, but the car may have some problems that need fixing. Fading on the exterior or interior is common. There may be cosmetic defects like scratches, dents, and rust. Recent repairs may have been done on vehicles in the “Average” category. Overall, the car is still safe to drive but isn’t very clean.

Rough/Fair

Vehicles in this category are often very old, worn, or damaged. There are signs of a previous accident or mechanical problems that will require plenty of investment to fix. Sometimes, vehicles in this category are deemed unsafe to drive, making them only good for salvageable parts.

To get your free estimate of your vehicle’s value, fill out this online form and we will give the most accurate estimate we can based on the information you provide. Still not sure? Bring it in so one of our experts can take a look. If you have any questions about the trade-in process, contact us and we will reach out to you.

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