How Used Car Prices Is To Be Determined

You should make it a point to know what factors affects used car prices. First the age of the car comes followed by the mileage it has clocked. The model and year of make will give you the age of the car while the mileage will tell you the condition of the engine. Mileage is sometime elusive as the seller might have made some major replacement of various parts which might have reduced the effective age of the car. If you are dealing with a conscientious seller, he will give you the detailed history of repairs and maintenance of the car. He will also let you get the car checked by a mechanic of your choice. You can use the information to negotiate the used car price.External condition of the used car can also play a part in determining the used car price. See the external of the car, whether there are major dents, scratch marks, or paint peeling off. Apart from these there might be damages undercarriage including faults in the structure of the car. These factors can also affect the car price significantly; an expert mechanic will be able to discover these faults. MSRP value commonly used to tabulate the used car price as a percentage. This means that an older car with high mileage in tip top condition costs less than a luxury sedan in a dilapidated condition.