How to Determine the Price of a Used Car

If you want to get the best price on a used car this guide will help you. There are several tools available online. Lets determine the price of a used car so that you get fair market value.

Difficulty: Moderate

Instructions

Things You'll Need:

• Used Car Price Quotes
• Kelley Blue Book

1. Evaluate prices from a trusted source. The most trusted source for used car prices is Kelley Blue Book (KBB). This can be your starting point to help you determine fair market value. The more pricing information you can find, the more negotiating power you have with a car dealer.

2. Compare used car prices from Edmunds as well. The prices for your vehicle may be slightly different than KBB. Now you have another resource to fall back on at the negotiating table. Getting the best price for a used car is all about preparation.

3. Get yourself in the frame of mind to negotiate. It does help to print out the different used car price quotes you find before you visit a car dealership. This gives you more information (power) to get the best price.

4. Get as many price quotes as you can for your vehicle. Do not let the car dealer determine the price. Take advantage of consumer resources to determine the true price of your used car.