Oct 17, 2017 these are the mostcited reasons for retail value being higher than private party value. We provide the used car prices of all makes, models by year and major locations in south africa. Where the employer did not acquire the vehicle, for example, if the employer is a vehicle manufacturer. You will receive a free, noobligation market value estimate for your car via email. The us automaker will add 1,200 jobs at its facility in south africas capital, pretoria, which exports to 148 markets. Jun 02, 2015 the determined value of a motor vehicle is ordinarily used to calculate the value of the private use. Through our dealer guides, we provide the wider south african motor industry with used vehicle trade and retail values. The original car book value calculator, online since 2008. Look up the retail and wholesale value of a similar vehicle using resources like the kelly blue book and national automobile dealers association used car guide. Market value this is a value somewhere between the trade in value and the retail value of your car. South africa automotive, car, vehicle analysis and data.
The market value uses the retail value as the basis and takes into account the kilometre reading, the condition of the vehicle as well as any extras fitted. Retail market value of right of use of motor vehicle south. Jun 01, 2018 this new south african website tells you how much your car is worth how much south africa s richest man got paid in 2018 next article 5 important things happening in south africa today previous. We buy your car free online valuation without registration. Used prices, resale value, trade in value brick7 south africa.
Hyundai pretoria tshwane gauteng don t miss this deal book value 88k retail 105k selling for 85k contact james. However the book value we give you via our website is a very good indicator of what it might be. 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. The price the dealer applies on the vehicle when he sells it to consumers. The term blue book value refers to the value of a vehicle by a guide known as the kelley blue book. Car book value get the estimated book value of any car.
It will help you work out the approximate book value of your car easily and free. As there are so many bank auctions taking place in south africa, you have to have some kind of idea as to what vehicle prices are reasonable and which ones are just plain. Trade in your used car, online valuation in south africa. Getting an online resale value for your used car is the key. The agfa acdc numh battery charger saves you time and money by recharging your aa and aaa nimh batteries either in your home or car. Whether you are buying a car or selling your car, know the retail value before you close a deal.
Your cars book value is affected by several factors. If you considering trading it in or selling it your car value report will. Enter your vehicle data into our free online car valuation tool on. Retail market value of right of use of motor vehicle. The determined value of a motor vehicle is ordinarily used to calculate the value of the private use. Anyone who has bought or sold a used car in south africa are likely to have heard the terms book and trade value but are often. Vehicle valuations professional claim service solutions.
Transunions dealers guide now digital in south africa. Since 1926, new and used car buyers and sellers have relied upon kelley blue book for authoritative and unbiased information to make well. We recommend car shoppers consider how car dealerships price cars in order to evaluate whether that car is, in fact, worth the price tag. The digitisation of the autodealer s guide means that available values will increase to 224 brands, covering a total of over 2,839 model ranges with 14,972 variants. The retail market value must be used to determine the fringe benefit for vehicles acquired by an employer on or after 1 march 2015. These values are updated bimonthly and are available in print, flat file and mobile applications. When selling your car, it is important to familiarise with book value, retail price and trade. It is a common misconception that the book value of a car is the recommended selling or. Enter your vehicle details in our online valuation tool and you will receive an initial value of the car within seconds then book a valuation appointment in your area. We are pleased to announce that we are operational and fully compliant with the regulations as set out by our government. Our local dealership partners experts value each used car individually. This new south african website tells you how much your car is worth how much south africas richest man got paid in 2018 next article 5 important things happening in.
How to determine the retail value of your used car jerry advice. The kelley blue book private party value is the starting point for negotiation of a usedcar sale between a private buyer and seller. Book value explained nissan vehicles at group 1 motors. The informal retail market is still significant according to the united nations economic commission for africa uneca, the african retail market is characterised by. Lead generation south africa a websense internet solutions company taking care of your lead generation needs. Buying a second hand car is never easy, you never quite know what youre going to get until youre the owner. Select the model of the car you want to get the book value of. The average driver puts about 2000km a month so if you drive less than that, you should get a slightly higher price. South africas major retailers are adopting omnichannel approaches in an effort to supplement brick and mortar sales with online stores.
To add 20% and determine your used cars retail price, take the private party value of your car and multiply that by. Find out the difference between retail, market and trade value, and make an informed decision about your iwyze car insurance options. Nissan pretoria tshwane gauteng 2011 nissan navara 25 4x4 288 000km vehicle book value is 178k my price only k. The book that dealers use to value your car is now digital. The trade in value obtained will be a ball park value of. Over 40,000 vehicle returns are received monthly from manufacturers and dealer. The silver valuation gives you the current trade and retail values of your vehicle based on information from south africas leading auto dealers guides.
With over five decades of researching vehicle values, our various guides have become highly respected as reliable and robust valuation standards. Buying a second hand used car can save a lot of money over buying a new car, but is it worth it. The blue book is the vehicle information resource used by consumers and the automobile industry to establish price guidelines. 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. Enter your vehicle details in our online valuation tool and you will receive an initial value of the car within seconds. Car book value get the estimated book value of any car in. Dealers, traders, financers and insurers can access retail and trade values of passenger, light and heavy commercial vehicles dating from ten to twentyfive years. Its a good idea to do an annual check on the retail value of your car. After receiving the email with the estimate, arrange an appointment for the inspection and assessment of your car with one of our partners in your area through our website or via phone. Please however ensure that you are 100% honest when submitting your digital trade in here, as only then can we give you the most accurate group 1 renault trade in evaluation. The industry uses book values only as a starting point and not as a definitive reference. Sell your secondhand car to carzar and get a fair, reliable used car value. As we are not physically inspecting the vehicle this valuation is based purely on the information given by you at the time. African powers of retailing new horizons for growth.
Selling privately selling directly to a private buyer gives you best chance of getting your asking price. Transunions dealers guide now digital in south africa drive it. The salvage value of an automobile will vary depending on the state as well as the year, make, model and condition of the car. Then, add that number to the private party value of your car to know the retail value.
True price has officially launched on friday, offering motorists a precise and realistic evaluation of the value of their vehicle. How to determine the retail value of your used car jerry. This value is our partners purchase price for your car. This new south african website tells you how much your car is worth. Retail value this is the average amount a buyer will pay if heshe purchases it from a car dealer. How does the age of a vehicle affect its resale value. 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. Vehicle history check it is important that you avoid buying a vehicle with a hidden history. Receive valuable pieces of content about buying and selling used cars in sa.
Firstly, theres the trade value, which is an indication of how much a dealer would be likely to offer you if you were to trade in the vehicle on another one. Car price guides and the value of your car santam insurance. Our client site has been designed to be your onestop dashboard to view all your insurance information and update your details. Your car s book value is affected by several factors. When negotiating a trade in, it is prudent to know how much your vehicle is worth. Car book value south africa what is your car worth. 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. This new south african website tells you how much your car.
These days obtaining a vehicle valuation is as simple as filling out a form online. It is an industry guideline that car dealerships use in order to determine a purchase price when buying or selling a car. Since 1926, new and used car buyers and sellers have relied upon kelley blue book for authoritative and unbiased information to make wellinformed car, truck and suv buying decisions. Explore 277 listings for vehicle book value in south africa at best prices.
Your car depreciates in value every year, which means you could be overinsured. Tradein, resell value of used toyota cars within south africa. If you are a dealer or are just curious about the retail value of your used car, this is a relatively simple means to come to a figure. Trade in your used car tips on trading in your car get your car valued. Explore 509 listings for book value of car south africa at best prices. The final sales price depends on the cars actual condition and local market factors. Jul 14, 2016 the market value uses the retail value as the basis and takes into account the kilometre reading, the condition of the vehicle as well as any extras fitted. Group 1 renault sells nationally throughout south africa from our branch in. Looking for the book value of a car in south africa. Look up the retail and wholesale value of a similar vehicle using resources like the kelly blue book and. 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 commercial vehicles, medium commercial vehicles, heavy commercial vehicles and motorbikes assisting in making better decisions when trading, financing or insuring used vehicles.
The book that dealers use to value your car is now digital in sa. This will be helpful in negotiating the used car price while buying or selling. An upcoming feature will also provide values of a new vehicle within its first 12 months of being sold. Transunions car value report gives you insight into the trade in and retail value of your car. Tradein value is the price a car dealership will pay for a used car as stock, the car will then be sold at a higher price, namely the retail value. 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. To find out more about what the potential value of your vehicle might be, please fill in yours and your vehicles details on the left. The older the vehicle gets, the more it comes into demand up to the point of about 8 to 10 years old, at which point values fall off dramatically. This is an as is value that does not include any warranties. The guide not only lists the value of new vehicles, but it also lists used car values. The car calculator can now be accessed on the client site. Used car values, price guide and tradein estimator. Use our group 1 vehicle trade in value system by simply filling in the form below. Ready to make a decision and insure your vehicle for either its retail.
For a nominal onceoff fee you can access the trade and retail. The book value of your car is the average value that your car is worth when trading in or selling your car. The ability to finance a vehicle greatly enhances its value. I have paid up to 35% more than the book value for a low mileage land cruiser. Car book value south africa all vehicle dealers have access to a database which values vehicles in order to get an indicative value of your car. This is especially true if you are buying from bank auctions. Insuring your car for its market value will ensure you a lower premium than if you were to cover it for its retail or trade value however it is important to keep in mind that the payout you receive in the event of your car being written off or stolen will likely not allow you to purchase a vehicle of similar value or condition.
Get your car book value and be prepared for the negotiation process, whether your are selling your car privately, trading in your car or need an insurance. Car insurance retail value vs market value old mutual iwyze. Auto dealers guide, explains jamie surkont, director at used car retailer getworth. You will also save money by learning the book value or used car price before buying a car.
Estimate your cars resale value estimating a cars true value is not any easy thing to do since appraising vehicles is a very complex process. The difference between your cars book and trade value and how. Some of the factors that affect this value include. Sep 05, 2017 the book that dealers use to value your car is now digital in sa. Estimate your cars resale value used cars for africa. To use the book value calculator, simply follow the steps above to get the approximate book value of your car.
The price the dealer pays for your vehicle, when you sell it. July 2nd 2019 south africa commercial and other vehicles vehicle sales decline eases. Sep 07, 2017 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 commercial vehicles, medium commercial vehicles, heavy commercial vehicles and motorbikes assisting in making better decisions when trading, financing or insuring used vehicles. Book value get the book value of your car easily and free. The car market recommends that you have the potential vehicle confirmed to make sure that it has not been reported as a stolen vehicle, confirm the correct vehicle code code 1, code 2, code 3 and confirms the current owner and any outstanding fines. While many insurers adjust vehicle values frequently in an effort to align with the latest retail value, it can never consider the market value of a specific vehicle based on condition. The flip side of this coin is known as the retail value, which is an indication of how much a dealer would ask for your car, if it were to find its way onto their showroom floor. People who are not knowledgeable or experienced with evaluating automobiles will not be able to accurately tell how much a vehicle is really worth. This new south african website tells you how much your car is.