How to Appraise a Used Car

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From Quick Guide: Guide to Used Car Values

Summary: Learn and understand how a used car is appraised before buying one with expert car buying advice in this free online used car video clip.

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By John Mihail Michaels
eHow Presenter

John Mihail Michaels has over twelve years of automobile sales and finance experience. He has worked at the following dealerships: Lincoln, Mercury, Honda, Ford, Pontiac, GMC, Buick,...read more

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doublejnyc said

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on 8/2/2008 These videos (and some others in this series) suck. There's no real information. It's just common sense. I could have been the expert. How about what to look for when looking at a used car like oil or fluid leaks? How about how worn the seat in comparison to a low odometer. I don't know jack about cars but this much I know. Really, really disspointing.

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Video Transcript

"Hi, this is John Michaels with Expert Village; today we are going to talk about how to buy a used car. In this segment we are going to talk about appraising a used car. Don’t be scared to take a look and get a few other opinions of what you believe a used car is worth. Based on some of the information that I provided you earlier on this tape, you may take a look and appraise a used car for yourself. Not only that, you can take that car on a test drive, take it to another dealership and have them tell you what the value of that car is. That will be a great plan for you to figure out how to negotiate later on when it comes down to buying that used car. If you are buying that used car from a private party, take it to a dealership and ask them what the car is worth. I am sure they will be happy to appraise it for you and let you know what the wholesale value of that car is. That is a great way of making sure that you are getting the most car and not spending more money than you have to for it. "

eHow Article: How to Appraise a Used Car

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