The best Side of vehicle appraisal

Whether buying, selling, or trading in a vehicle, there are several resources you can utilize to determine its value. Among those is getting a car appraisal, of which there are several types.

Being well-informed on a used car's worth can keep more money in your pocket, whether that means negotiating down a price while buying or getting more money when selling. And if you're trading in, having a car appraisal at your disposal arms you with the information to get the most cash for your used vehicle.

But what is a car appraisal, and what are the different types? What factors go into determining the worth of a vehicle when you get a car appraised? Let's explore how you can appraise a vehicle and which type of appraisal is the best for you.

What is a car appraisal?
In the automotive world, car appraisals determine the market value not of new cars but rather of used cars. Many types of appraisals are available, and their accuracy depends on which one you use.

A car appraisal considers the vehicle's year, make, model, options, mileage, and scarcity. An appraisal also considers the current market and whether a particular car is rising or falling in value.

Different values can be distinguished by an appraisal, whether a vehicle is sold at retail or traded on a new one.

While newer cars may be relatively simple to assign a value to, classic vehicles – those older than 20 years – may benefit from a professional appraiser. A professional appraiser may have specialized knowledge of a particular make or model, and their valuation may increase or decrease accordingly.

Even if you're eager to get behind the wheel of a new vehicle, you probably need to sell your used one first. But that'll take valuable time that click here you could be spending searching for your next vehicle. Let Shift take care of the work for you. Just visit Shift's website, input your license plate number, and you'll receive a quote for the value of your car within two minutes. Whether you're selling a sports car with a manual transmission or a full-size truck, Shift will give you a fair offer.