| New Price incl. GST | $63,900 |
| Dealer Trade Price | $11,120 |
| Personal Buy / Sell Price | $13,120 |
| Dealer Retailer / Franchise Price | $17,320 |
These are the average prices you would expect to pay for a vehicle of this age or with a similar odometer reading.
Based on the details you submitted:
The average distance travelled by a vehicle of this age is
114,000 km
.
The distance traveled by your selected vehicle is: 150,000 km.
What Does it All Mean?
Dealer Trade Price
This is a typical price that a seller agrees when trading in a vehicle at a franchised dealer for a replacement vehicle. If you’re trading your existing car in, the trade in value will be influenced by the condition of the vehicle being traded, the current odometer reading and the number of similar vehicles the dealer already has in stock.
CarWise Tip: If you’re trading in a vehicle that is not of the same make the franchise specializes in, the trade in value may not be as high. Plus, trade for cash only and the dealer may offer you less than they would if you had traded in for another vehicle.
Personal Buy / Sell Price
This is the current market price you would expect to buy or sell the vehicle for through a private sale. This price recognises the age of the vehicle, assumes it is in reasonable condition, and that it has traveled the average distance for a vehicle its age. This price is intended as an indication only, with the final agreed price depending on the perceived condition of the vehicle and an individual's negotiating ability.
CarWise Tip: If you’re patient, personal buy/sell price is often the best means of buying or selling a vehicle.
Dealer Retailer/Franchise Price
This is the price you would expect to pay when buying a used car from a dealer, without a trade in vehicle. Dealers will take into account the vehicle’s reconditioning costs, sales costs and what their likely profit margin is when offering a trade in price for cash only.
CarWise Tip: The money you receive for a trade in for cash only, will be determined by your own negotiating skills plus the value of the vehicle.
Disclaimer
Car Valuations are Powered by Glass's Information Services. All values for vehicles older than 10 years are based on the condition of the vehicle. Glass's Information Services has exercised all reasonable care and skill in producing these values. Glass's Information Services gathers its information from independent sources within the motor trade, unconnected with it, and as a result can accept no responsibility for the accuracy or completeness of information. Furthermore, information on valuations supplied are intended as a guide only to current market value. They cannot be considered in any way a substitute for a full and detailed inspection of any vehicle. Before relying on the Glass's information, you should carefully evaluate the accuracy, completeness and relevance of the information for your purposes and should, if necessary, obtain professional advice relevant to your particular circumstances. Glass's information is made available on the understanding that you exercise your own skill and care with respect to its use. Neither NRMA, nor Glass's give any warranty nor make any representations whether express or implied, that the information provided by Glass's is error free.
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