How does the car valuation checker work?
Our car valuation engine is powered by Cazana – it looks at more than 75,000 cars on sale in the UK, historical pricing data and market trends to give you a valuation.
Cazana's tool is different to Admiral's valuation tool. The valuation given by Cazana is based on current market value and the car being in good condition; other car valuation tools will use different ways to value a car.
Why should I get a car valuation?
Using a car valuation tool to find the true value of a car puts you in a stronger position to negotiate a better price, whether you’re buying or selling a vehicle.
No one wants to be stung when handing over their hard-earned cash, so our car valuation checker gives you an idea of how much you should be paying for it whether you’re buying through a private seller or at a dealership.
Once you’ve got your valuation, you can start thinking about your next car – did you know Admiral now offers Car Finance?
As the years go on and cars begin to age, we’ll find ourselves wondering how much money we can make on a car we’re looking to sell.
But there’s no way of knowing what a car’s worth without checking through a valuation tool; prices vary drastically between garages, private sellers and online dealerships.
And with so many variations of the same car, all in different condition, it can quickly become time-consuming trying to compare car prices online.
On top of that, there’s depreciation to keep in mind - most cars lose value the minute they leave the forecourt. In April 2017, WhatCar? reported most cars lose between 50% and 60% of their value in the first three years of ownership.
How much is my car worth?
In just two easy steps you’ll get a true valuation of the car, simply tell us:
- The car’s reg
- Its mileage
If you’re selling a car
We’ll show you two different prices to help you decide how much to ask for your car.
1. Forecourt price
Also known as the retail value, the forecourt price is how much you’d pay if buying directly from a dealer. So if your car’s in pristine condition and you’re selling privately, you could get close to forecourt price.
2. Trade-in or part exchange
Usually lower than the forecourt price, this will give you an idea of how much you’ll get if you part-ex your car.
What affects the value of a car?
Some of the key things that affect a car’s value are:
- Mileage – the higher the mileage, the less the car’s worth
- Age – The older cars get, the more they tend to lose their value through depreciation (of course this isn’t always the case – classic cars can be worth a lot of money)
- Condition – The more scratches and dents the car has, the less it will be worth. On the other hand, a well-kept, clean car can fetch more money
- Brand – Luxury car brands such as Audi and BMW are better at holding their value