How to Get the Value of a Car
New and used car values are listed by the National Automobile Dealers Association (NADA) for trade purposes. Many banks use the NADA guide book to establish limits for car loans based on listed car values. The automotive industry, consumers and loaners recognize the NADA as an authority on car pricing. Get the value of a car that buyers and sellers can agree on from the NADA.
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Things You'll Need
- Make, model and year of car
- Mileage
- Vehicle identification number (VIN)
Instructions
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Visit the online NADA guide for pricing cars (see Resources). Click on the appropriate button for pricing a new or used car.
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Price a new car by clicking one of the automakers names on the first page. The next page offers a list of all models made by the that manufacturer. Scroll down the page and click the name of a model. The resulting page will show prices for all new models of this type, plus the available factory options.
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Price a used car by clicking the "Used Car Prices" selection on the first used car page. Click a body style selection. Click the name of a manufacturer from the list, then on the next page click the year the car is made. A choice of models from the automaker in the specified body style will appear on the resulting page. Click the selection that describes the car in question. Type the number of miles on the car into the mileage box and review the list of options checked. Make any necessary changes in the options by adding or removing appropriate check marks in the boxes. Click the "Continue" button. Four prices will be listed for the car based on retail or trade-in value in the current condition.
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Check the history of a vehicle by VIN number for free with AutoCheck to find out what repairs were performed under insurance claims. Click the underlined link marker "Free VIN Check" in the text below the listed prices on the NADA page. Insurance records greatly influence the value of a car, regardless of the listed price.
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