?Whether you are selling a car or trading it in, you want to get the most accurate price for it. This is why it's important to do your research and know what your car is worth. While there are many online tools that can assist, one of the most well-known is through Edmunds.
With
Edmunds True Market Value, you are provided an approximate price for your vehicle. How does it calculate its worth?
Raw Data
One thing that Edmunds examines closely is the records of used car sales, which is one of the jumping-off points for its calculations.
Buyer Information
Edmunds also looks at things like dealer resale value and trade-in value, as well as the value if a private party were to buy it.
Additional Factors
There are a number of factors that Edmunds takes into consideration, including the price of the vehicle when it was new, its current condition and mileage, and its depreciation rate.
Determine the Trade-in Value Today
If you're ready to learn the value of your current vehicle, use our Edmunds True Market Value online tool! It'll calculate the value of your current car in just a few minutes. From there, you can contact us at
Heritage Hyundai Towson to discuss the next steps or to ask any questions, We are happy to help!
