Like those sites, Canada Drives will tell you what your vehicle is worth on the used market. The Canada Drives online Sell My Car tool is a convenient alternative to these more traditional resources. And if you search AutoTrader.ca’s inventory of used cars, each listing tells you whether the asking price is above or below the fair market value for that model. AutoTrader.caĪutoTrader.ca has a car valuation tool that starts by asking you whether you have a car you want to sell privately or trade in. Carfax CanadaĪnother useful resource is the Carfax Canada value range estimate tool, which gives you high, low, and average values for your vehicle based on the information you provide about the car. Both organizations now offer their vehicle valuation tools to the public through their websites. Two well-known resources are Canadian Black Book’s Value Your Vehicle tool and Kelley Blue Book’s Car Value tool, both of which started out as periodicals that published vehicle valuations and were distributed to dealerships to help them determine what to pay for trade-ins and set fair prices for used vehicles they wanted to sell. Instead, use one of the many available online tools designed to help you find your vehicle’s value. So don’t guess at what you think your current car or truck is worth in the wider marketplace. The first step in determining your car’s value is to remember that there will always be a difference between what your car is worth to you and what someone else is willing to pay for it. Find your car’s worth with these Canadian car value estimators And if you are looking to sell you car, make sure to read our article: How to Sell Your Car for the Most Money. So if you’re thinking of selling or trading in a vehicle, your first step should be to establish the fair market value of your particular car or truck in today’s marketplace.
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