August 17, 2007, Newsletter Issue #103: Used Car Value
Tip of the Week
How do you know if the price you are being asked to pay for a used car is fair? Many factors affect used car prices, including:
• Overall condition of the vehicle
• Whether the car was well-maintained
• Mileage
• Interior and exterior blemishes
• Options (such as air conditioning and electric locks, mirrors, and seats)
• Whether you are buying or selling through private sale or through a dealer
Whether you're buying or selling, a good resource for pricing a used car is Trade-In-Value.net, but you'll have to give them contact information. If you'd rather not do that, check out Kelly Blue Book's Web site.
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