How to Determine Auto Diminished Value
- 1). Clean and detail your car. You want to get the car sold at the highest possible value, so your car needs to look its best.
- 2). Assess the condition of your car. Note any dents, rust, or torn carpeting. Give your car an overall grade of Poor, Fair, Good, or Excellent based on what you see.
- 3). Check to see if your vehicle is listed in an auto value registry such as Kelley Blue Book. These can give good guide points for setting a sale price, and help get a standard on which you can base future bargaining.
- 4). If your car is especially expensive, or is not listed in a registry, consider hiring a professional appraiser to find the value of your car. They are expensive, but they know what they are talking about.
- 5). Find a car similar to yours that is already on the market, this is easily done by browsing through local used car catalogs. This can give you a real world idea of what your car is worth in your area.