These same tools can determine the dealer or private party value, along with a car’s trade-in value for consumers looking to use their current vehicle as part of the down payment for a new car. · Owners wondering “how much is my car worth?” can use the vehicle identification number, or VIN, ...
These same tools can determine the dealer or private party value, along with a car’s trade-in value for consumers looking to use their current vehicle as part of the down payment for a new car. · Owners wondering “how much is my car worth?” can use the vehicle identification number, or VIN, to start the car valuation process.This 17-digit identification number is typically included in each online vehicle listing and is located under the driver’s side windshield or inside the driver’s door jamb. With the VIN, buyers, owners, and sellers can determine a used car’s value through various online appraisal tools.Several automotive sites, including CARFAX, Edmunds, iSeeCars.com, and Kelley Blue Book (KBB) offer online appraisal tools. Beyond pricing information and the estimated market value of a car, iSeeCars’ VIN Report includes grading the asking price relative to the market value as great, good, fair, or too high.The report also provides other VIN-specific information such as specs, standard and optional features, safety ratings, the status of open recalls, a stolen vehicle check and estimated depreciation over the next five years.