Use of car valuations?

What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks

Use of car valuations?

Now there is ready access to numerous online car valuation websites (mainly aimed at buying cars), is there a rule-of-thumb to help check selling prices? I have seen a 12-plated Renault Espace 2.0dCi 150 Dynamique Tom Tom 5 door for sale at a registered Renault dealer for £16,000 but valuation websites suggest a range of only £9,500 - £11,000. I assume these lower figures are cash/ trade-in values and the retailer needs to make a margin, but what is a reasonable add-on (and specifically, what should be my target price be for the Espace)?

Asked on 18 August 2012 by Copethedope

Answered by Honest John

We do our own that automatically updates daily: www.honestjohn.co.uk/used-prices/

Tags: buying valuations

Dear Honest John,

Please help me choose my next car. I would like it to have:

Similar questions

I'm buying this Polo - can you tell me the value?

I am buying a Polo 2006 (56 reg) 1.2 E 64bhp 66500 miles from an independent dealer. How much it should cost and is it a belt or chain driven cam? Dealer claims it to be a chain.

Buying a friends' low-mile Shogun?

A friend has offered us first refusal on their 2003 Mitsubishi Shogun SWB Equipe 3.2 Diesel with just 15k miles on the clock. It is obviously a very low mileage for the year however this is because it's...

How much should this used A3 cost?

I'm looking at a 54 plate Audi A3 2.0T Quattro with 51k miles. The forecourt price from a small independent dealer is £6995 - is this a good price?

Related models