Used car valuation

At CARS24 we understand the importance of getting the best value for your used car. Our transparent and efficient used car valuation process ensures you know exactly what your vehicle's worth is.
 

Experts at CARS24 have extensive knowledge of the market as we have transacted over 6 lakh cars since 2015. Additionally, our pricing engine tracks real-time market data of the vast number of sellers & buyers across India data to obtain an accurate and fair car valuation. We consider all important factors, like make, model, age, mileage, and your car's condition to arrive at an estimate.
 

CARS24 believes in making the car-selling process simple and convenient for you, whether you want to sell your car immediately or want to know its current value.

 

What is used car valuation?

Used car valuation is determining the current market value of your car. It allows you to understand what your car’s worth is in today’s market. 

 The value of your used car depends on various factors, including:

 

• Make, model and variant of your car.
• Mileage of your vehicle.
• Car's service history (variant age/ depreciation, ownership, accidental history).

 

Why should you trust CARS24?

We, at CARS24, pride ourselves on being a trusted name in the used car industry. Since 2015, we have transacted over 6 lakh cars, demonstrating our extensive knowledge and experience in the trade.

By analysing the vast data, we can determine the most accurate car valuation for your used car.

 

Key factors influencing used car value

The value of your used car is determined by brand, model, fuel type, mileage, transmission, and other factors. In addition, the number of previous owners,  year of manufacture and car condition are also key considerations.

 

Tips to increase second hand car's value

Regular maintenance and service

Keeping up with regular maintenance ensures that your car runs smoothly. Prior documentation of service history demonstrates reliability, which boosts buyer confidence and potentially increases its value.

Keep your car clean

A clean and well-presented car makes a strong impression on buyers—regular washing and detailing boost the vehicle’s appearance, contributing to its high resale value.

Repair minor damages

Address small dents, scratches, and minor issues to improve your car’s appeal. Buyers prefer vehicles that are visually appealing and free from noticeable imperfections.

Keep paperwork updated

Maintaining organised and up-to-date paperwork, including service records and original RC, along with PUC and a valid car insurance, reassures buyers of your car's history. Transparency in documentation can positively impact valuation and trust.

 

Why sell cars to CARS24?

Great price

CARS24 provides competitive valuations based on real-time market data. It ensures you receive the best price for your vehicle, maximising your returns without unnecessary negotiation.

Instant payment

After the sale is finalised, our experts at CARS24 guarantee instant payment, offering financial assistance, helping you close your running loan, and eliminating the waiting period often associated with traditional car sales.

Hassle-free documentation

CARS24 handles all necessary paperwork, like registration certificate (RC) transfer, insurance transfer, no-objection certificate ( for loan ), service history records, and more.

Sell from anywhere

With CARS24, you can sell your car from the comfort of your home. Our services are designed to be convenient, allowing you to complete the sale without visiting a dealership. Moreover, we purchase cars registered in almost all RTOs across the country. For instance, if you want to sell your car with MH registration in Delhi, then we are there for you.

Benefits of using CARS24's used car valuation tool 

At CARS24, the used car valuation tool has numerous benefits designed to make your car-selling process seamless and stress-free. Here’s why you should choose our tool:

 

• Accuracy in valuation: Our advanced pricing engine uses real-time market data from millions of transactions to offer you the most accurate valuation.We buy 20,000 cars per month and our advanced price engine gets regularly updated to ensure that you get an accurate valuation for your car.
• User-friendliness: Our used car valuation tool is simple and intuitive. You can quickly enter car details and receive an instant valuation without any hassle.
• Time-saving convenience: Our online tool estimates the value of your second-hand car from the comfort of your home. There’s no need to visit multiple dealerships or spend hours negotiating prices. Just a few clicks, and you’re done.
• Transparency: We believe in complete transparency throughout the valuation process. You’ll know exactly how we arrive at your car’s estimated value, with no hidden fees or surprises. This helps you make an informed decision with confidence.
   

Why is used car valuation important?

Used car valuation is important in the car-selling process for several reasons. Here are the key factors:

 

• Fair pricing: Accurate valuation allows you to set a fair price for your vehicle. Knowing your car’s true market value ensures you never undervalue or overpriced it.
• Decision-making: With the help of proper valuation, you can make informed decisions about selling your car. Understanding its worth allows you to evaluate multiple offers and negotiate confidently.
• Awareness: Valuation offers insight into current market conditions. By properly understanding how factors like demand and supply affect car prices, you can time your sale for maximum profit.
• Financial planning: Knowing the value of your used car aids in financial planning. Whether you’re looking to upgrade to a new vehicle or need funds for other expenses, an accurate car resale valuation helps you set realistic financial goals.