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Autotrader car valuations

rubble2
rubble2 Posts: 585 Forumite
Part of the Furniture 100 Posts Name Dropper

Hi everyone. I am in the early stages of looking at changing cars, in order to get at least a basic idea of the finances involved I have carried out an online with Autotrader.

They give you three price ranges - 1) a trade in price, 2) a straight elling price to a dealer and

3) a private sale price.

I have to say that all three prices quoted are higher than I expected so I wondered if anyone had any real world experience of how accurate the estimates are and whether I should temper my expectations when I finally get to pull the trigger.

Thanks.

Comments

  • born_again
    born_again Posts: 23,559 Forumite
    10,000 Posts Sixth Anniversary Name Dropper

    Just remember that end of March will see a lot of 2nd hand cars come onto the market. Due to new reg. So temper the prices quoted.

    Life in the slow lane
  • On-the-coast
    On-the-coast Posts: 748 Forumite
    Seventh Anniversary 500 Posts Name Dropper

    best way to gauge price is to look at the actual ad’s on auto trader etc. there’s not much room for haggling now on second hand cars. For new - haggle away / play off finance offers and dealer incentives.

  • MyRealNameToo
    MyRealNameToo Posts: 3,888 Forumite
    1,000 Posts Name Dropper

    All the pricing "books" are based on real world data. The variance between books is caused by the different sources they get their data from and the nuances of statistical analysis (eg how they weight more recent deals -v- sales 6 months ago or how they treat significant outliers).

    Almost everyone disagrees with book prices, sellers typically feel the number is too low and buyers often feel the number is too high. These same sources are used to value vehicles in insurance claims when they arent economical to repair and the forums here are flooded with people saying the number is too low (they are effectively the seller) and the number say its fair or even above expectations is tiny in comparison.

    If you are actually trading the car in however there is more to consider because there is also the sale of the car you are buying and for various reasons a dealer may prefer a higher sales price and a higher trade in -v- a lower sales price and lower trade in even if the net amount you have to pay is identical. If you come in saying you are expecting £10k for your trade in they may meet that but stay firmer on the price of the car you were buying -v- had you asked for a lower trade in price.

  • forgotmyname
    forgotmyname Posts: 33,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 27 February at 5:12PM

    Yes prices are still bonkers, I used to look for high mileage cars that were close to 5 years old with a brilliant
    service history and a pack of recipts.

    Those cars seem to have vanished and I needed something slightly different so ended up paying 3x the price
    for a car that's over 5 years old but with a lower mileage.

    But as mentioned the price of cars for sale should be your real guide.

    Censorship Reigns Supreme in Troll City...

  • Mildly_Miffed
    Mildly_Miffed Posts: 2,327 Forumite
    1,000 Posts Fourth Anniversary Name Dropper

    Look at what similar is for sale.
    Look at the URL for the Autotrader ads - it encodes the date the ad went live…

    https://www.autotrader.co.uk/car-details/202602260230058 - 26/02/2026, the ad went live yesterday.

    https://www.autotrader.co.uk/car-details/202510227351422 - 22/10/2025, it's been kicking around for four months.

    If a car's sitting around for months, it's over-priced.
    If you can't find any ads that are more than a month or two old, those prices are likely reasonable.

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