The car calculator can now be accessed on the client site. The difference between your cars book and trade value. Transunion offers total credit protection all in one placecredit alerts, credit reports, and your credit score. The edmunds free car appraisal tool can help you make a smart decision on your trade in or used car purchase. Assure you that the car you are interested in buying is being offered to you at a fair price. The book that dealers use to value your car is now. Our local dealership partners experts value each used car individually. Through our dealer guides, we provide the wider south african motor industry with used vehicle trade and retail values.
Enter your cars information and instantly get a value estimate. Car price guides and the value of your car santam insurance. According to transunion, the ddg will give dealers and sellers. It is a common misconception that the book value of a car is the recommended selling or. These are the mostcited reasons for retail value being higher than private party value. We buy your car free online valuation without registration. Get the suggested tradein value and retail price for your 2014 bmw r ninet motorcycles with kelley blue book. Transunions car value report gives you insight into the trade in and retail. To download the app, go to a smartphones app store and search for car value. The reason this is good is you are to far upside down that the insurance settlement wouldnt come close to the debt, so you would have a huge balance to deal with still. Very few cars trade even close to book value one of them is a polo, however, and if you have a nice clean one, you know that it will probably be sitting just about on book.
Trade in value this is the average amount that the trade, i. How to determine the retail value of your used car jerry. For a nominal onceoff fee you can access the trade and retail values of the car you are enquiring about. If you trade in your car on another, more expensive model at the same dealership, the dealership will treat the trade value of your car as partpayment on the new purchase. New transunion vehicle history score powered by carfaxr. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown.
With the industry mainstay in vehicle valuations, you get access to current trade, retail and residual values of new and used passenger and commercial vehicles. Learn the estimate value of the vehicle you are buying or selling with our car. Resale value of ford kuga plummets following fires fiasco. The industry uses book values only as a starting point and not as a definitive reference. Our trade and retail values date back 10 years and are updated monthly. Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets. This value is our partners purchase price for your car. We recommend car shoppers consider how car dealerships price cars in order to evaluate whether that car is, in fact, worth the price tag. Hi, i see transunion have a vehicle value report for r10, so add your cars details and it gives a report of retail and trade value. It will help you work out the approximate book value of your car easily and free.
A vehicles book value is a rough guide used to help determine the retail book value and trade book value price of that specific car. The transunion auto dealers guide provides values for most makes and models and will help you get an idea of what your car is worth. This innovative score does not use consumer credit information and can be easily integrated into your existing rating, underwriting, company placement and pay. The values are updated monthly and are available in print, flat file and mobile applications. The original car book value calculator, online since 2008. If you considering trading it in or selling it your car value report will give your cars value so that you can negotiate a sale at the best price. The guide contains the retail and trade values of every make and. The price the dealer applies on the vehicle when he sells it to consumers. It gives you an accurate price for your used vehicle. Enter your vehicle details in our online valuation tool and you will receive an initial value of the car within seconds. I engage in and embrace candid, direct communication, as well as honest and healthy debate. The book that dealers use to value your car is now digital in sa. Get used car values with edmunds car value appraisal tool. The car value estimator uses vehicle sales and pricing data from the national automobile dealers association, or nada.
Our client site has been designed to be your onestop dashboard to view all your insurance information and update your details. The kelley blue book private party value reports on a fair price when selling the car to an individual instead of doing a dealer trade in. I am a catalyst for change and am willing to act on my. Our values are the results of massive amounts of data, including actual sales transactions and auction prices, which are then analyzed and adjusted to account for seasonality. Transunions vehicle pricing index increased confidence could be a win for new vehicle sales for the second consecutive quarter, new vehicle prices increased below inflation, and have dropped significantly from 9. The vehicle value calculator will help you work out the retail value of your car so you can ensure you are adequately covered in terms of shortterm insurance.
For a nominal onceoff fee you can access the trade and retail values of the car. Car loan more than the car value the somewhat good news for you is that based on the value of the car vs the costs of the repairs, your car probably will not be totalled. Book value can mean either the retail price or the trade price, depending on whether a dealer is selling the vehicle or buying it as in a trade in. This is an as is value that does not include any warranties. Transunions vehicle valuations provide access to current and reliable, industry standard trade and retail values delivered via print or online channels. Tell us about features like color and mileage, and see immediately how they affect your cars value. Maintenance history, option upgrades, performance history and current regional economy could have an effect on final tradein price. Car book value get the estimated book value of any car. I bring new ideas to my work and inspire others to do the same. Dealerships put in a certain amount of work in preparing used cars for resale, and there is labor involved as well. Simply fill out the form above and we will contact you with the value of your car.
Ensure that the price you are being offered on your car as a tradein, is market value. The same procedure will apply outstanding monies to third parties are settled first, the remained will be regarded as a deposit and you will be liable for the balance of the. Transunion s vehicle valuations provide access to current and reliable, industry standard trade and retail values delivered via print or online channels. The book value typically refers to the prices published in the transunion auto dealers guide, explains jamie surkont, director at used car retailer getworth. Transunions vehicle pricing index increased confidence. Book value get the book value of your car easily and free. The price to book ratio or pb is calculated as market capitalization divided by its book value. Founded in 1917, the national automobile dealers association represents the interest of new car and truck dealers to the public, the media, congress and vehicle manufacturers. Transunion is launching digital dealers guide, a digital platform that will expedite the way people buy, sell, finance and even insure cars. The final sales price depends on the cars actual condition and local market factors. The transunion auto dealers guide, known in industry circles as the blue book, has been in use for more than 55 years. Determining the value of a second hand vehicle determining a vehicles worth is quite easy to do but it is not exactly an exact science.
Transunions dealers guide now digital in south africa. Vehicle history score is an innovative model that was developed with the combined intelligence and industry knowledge of transunion and carfax, to predict future loss ratioinstantly. We are pleased to announce that we are operational and fully compliant with the regulations as set out by our government. Getting an online vehicle evaluation in south africa is made simple and easy with. To use the book value calculator, simply follow the steps above to get the approximate book value of your car. Your cars book value is affected by several factors.
Learn the estimate value of the vehicle you are buying or selling with our car value. Alternatively, you could get a good idea of its value by browsing used car websites like drive360. Both the retail and tradein values are available on the transunion website for a fee of r30 see website link at the bottom of story. Dealers and financers can access trade and retail valuation information on commercial vehicles. Faq selluscars all you need to know on selling your car. Transunion s car value report gives you insight into the trade in and retail value of your car. How to ensure youre paying a fair price for a used car timeslive. Your car depreciates in value every year, which means you could be overinsured. The transunion car value app is available for downloading to virtually all smartphones, including those using the windows operating system, such as the nokia lumia, as well as apple, android and most blackberry devices. The results of the latest transunion vehicle pricing index vpi should be music to the ears of consumers whove been itching to buy a new vehicle. For a nominal onceoff fee you can access the trade and retail.
Remember that the correct tradein price is likely to be around 10 percent less than the actual retail value in most. However, consumers are still concerned if theyll be able to meet their debt repayments, and as a result, are holding back on replacing their existing vehicles. Find used car trade in, resell, certified preowned and retail values of used vehicles based on the condition, mileage and other factors of the car sale. Searches can be performed by providing a licence plate number, vin number or registration number as well as a vehicle registration year. The transunion dealers guide convenience in your pocket. The transunion vehicle enquiry offers a vehicle report which provides specifications and valuation information on a specific vehicle.
Simply click the trade in tab and follow the instructions. Some of the factors that affect this value include. Johannesburg, 02 july 2012 despite a slowdown in new car price inflation in the second quarter of the year, used car price inflation continued to lag, indicating ongoing pressure on the entire preowned market the q2 transunion auto vehicle pricing index vpi released today reveals a statistically insignificant 0. Price to book value is a valuation ratio that is measured by stock price book value per share. It is also used as a base for determining used vehicle values for trade and retail. Tradein offers are typically lower than youd get from a private party, but trading in is far more convenient than finding a privateparty buyer. Its a good idea to do an annual check on the retail value of your car. Transunion to provide auto customers with black bookr. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association.
The value of any vehicle will depend on the cosmetic condition, mileage, mechanical condition and origin. Vehicle history report auto insurance scores transunion. Both the retail and tradein values are available on the transunion website for a nominal fee. Selling a unit privately will usually net the owner a higher value than shown on this site. The transunion vehicle history score represents a stepchange improvement over traditional asset risk assessment in auto finance, such as wholesale book value, because the model uses carfaxs. The transunion dealers guide is widely used by car dealers, finance institutions as well as insurance brokers to identify a specific car model, including consideration of the age, mileage and condition of a used car to determine its value for trade and retail. Transunion is launching digital dealers guide, a digital platform that will. A used cars price is determined by a whole range of factors including. The book that dealers use to value your car is now digital. Trade price is a value intoshowroom and takes into account any refurbishments or repairs that a dealer will need to carry on the car retail price refers to a price on a fully. Available in print, flat file and mobile applications. The transunion dealer guide, lists 2 main values for each vehicle. It instantly reflects the market retail and trade values for every make and model of vehicle in south africa, providing information on passenger vehicles, light.
1186 1536 233 1357 463 762 591 456 881 754 204 156 1463 1186 343 1197 636 715 1542 1129 539 655 921 660 912 115 718 751 53 814 1264 787 468 413 1037 721 1153 1321 692