We know what your car is actually worth
A lot goes into valuing a car — vehicle age, mileage, specs, and even the current market. Once you enter your vehicle registration and mileage above, our system automatically pulls info from various sources (including current market dynamics) to give you a fair and realistic valuation.
Whether you're buying a car, selling one, or scrapping it, knowing its true value is key. That's how you make informed decisions and avoid being cheated. And if you're selling it, pricing it according to its worth ensures you get the most money out of the sale without it sitting on the market for too long.
Keep in mind that data cannot account for factors like modifications, damage, and cleanliness and accident history when estimating a car's value. While assessing your vehicle's true value, consider these separately if they apply (and maximise your value by cleaning and fixing what you can).
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What can help you maintain a car's value?
Track your car’s depreciation
Garage.co.uk's car value estimates are based on real-time market conditions, historical trends, car-specific data, and our own car sales insights. When you make a free account with us, you can add your car to your virtual garage and track its depreciation over time.
Every month, we'll send you an email update with a summary of your car's value. That way, you can see how market dynamics, mileage, and age contribute to its value and make an informed decision about when to sell it or trade it in.
In addition to tracking depreciation, you'll be able to keep tabs on important dates like MOT, car tax, and service intervals. You'll also get reminders to make appointments for maintenance, repairs, and MOT tests, all of which you can book through our platform.
How much is your car worth?
There are dozens of factors (some of which are subjective) that determine your car's true value. The Garage.co.uk Car Value Tracker gives you a glimpse at the big picture, but there are always nuances.
Something small, like a tiny scratch on the door, can significantly reduce the pool of buyers interested in your car. It's also worth mentioning that predicting its future value is complicated. Unforeseen factors like regulations and supply/demand fluctuations affect its worth as it ages.
Use our guides to learn more about how you can expect your car's valuation to change.
How we determine your car's value
Our car valuations are calculated using advanced algorithms and data analysis. Our system compares your car's make, model, age, and mileage against market trends and sales records from our own nationwide network to provide you with a realistic estimate of your car's worth.
The only info you need to give us is your registration number and current mileage. From there, the software handles the complicated stuff.
Why you should know your car's value
FAQs about car valuation's
There are notable differences in the valuation between electric and petrol cars. Typically, electric vehicles (EVs) are more expensive upfront due to higher manufacturing costs associated with their batteries and technology. However, they usually carry lower running and maintenance costs compared to petrol vehicles, which can make them more economical over time.
The resale value of EVs has historically been a concern due to the rapid advancement in technology and potential battery degradation, but this gap is narrowing as the technology matures and consumer confidence grows.
It's best to reassess your car's value annually or whenever significant market or personal circumstances change, such as new model releases, changes in economic conditions, or after completing major repairs or modifications.
Regular reassessment helps you understand how your car's market value is evolving, which is crucial for making informed decisions about insurance, selling, or trading in your vehicle.
Certain car brands and models are known to retain their value better than others. Brands like Toyota, Honda, and Subaru often have a reputation for durability and reliability, which contributes to their strong resale value and higher demand on the resale market. Specific models that are known to hold their value include the Toyota Tacoma, Tundra, and Prius.
On the other hand, luxury cars from automakers like Maserati and Aston Martin depreciate much faster due to high maintenance costs and select buyer markets.