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What influences the market value of a used car?

Second-hand cars are definitely cheaper than those straight from the showroom. However, their exact value is influenced by many factors. What determines the price of a used car? What can you do to make the most money from selling your car?
- Market value is influenced by many aspects. It is not only the model, make and year of production.
- The depreciation of a car is due to the large number of owners, technical condition, and collisions - even if the vehicle is repaired.
- In addition, the fuel that powers the vehicle, its origin and mileage also have an impact.
- Find out more, how to prepare a car for sale?
- What influences the market value of a car? Model, make and year of manufacture of the car
- Technical condition and service history of a used car
- The number of owners affects the depreciation of cars
- Current demand for a given car model
- Mileage and market value of the car
- Loss of value of a car after a collision
- The impact of equipment on the market value of a car
- Origin and market value of the car
- Fuel type and car prices
- The loss of a car's market value with age
What influences the market value of a car? Model, make and year of manufacture of the car

You wonder What influences the market value of a car? The model, make and year of production are the basic factors that affect the price of both new and used cars. On the market, you can find vehicles straight from the showroom that cost tens of thousands of złoty, as well as those that cost over a million złoty. The more expensive a given car was, the more money you will get when selling it after years of use.
The price of used cars usually drops by several dozen percent compared to the initial price (when buying a car from a showroom). The loss of value is greater with the passage of time. After a year, the car is still sold at a fairly attractive price, but after 15 years it will be much lower.
Curiosity! Value is best retained by cars known for their reliability. Such vehicles can be sold at an attractive price even after several years of use.
Technical condition and service history of a used car

It is worth remembering that car value depends primarily on its technical condition and service history. If the vehicle is in good working order, has not had any accidents and has only had basic repairs over the years resulting from natural wear and tear of parts, you will sell it for a higher price.
It is also important whether the car is well-maintained on the outside. Buyers pay attention to the condition of the paint or the metal elements of the chassis. Sometimes, performing simple detailing procedures can increase the price by even several thousand zlotys. Second-hand cars that have been regularly cleaned of road salt and parked on dry ground, so they are not covered in rust, will also be more expensive.
Important! How you take care of your vehicle from the moment you buy it will affect its value when you sell it later. For this reason, it is worth visiting a hand car wash regularly, using professional car care products and parking in safe places.
Check, how to take pictures of a car for sale?
The number of owners affects the depreciation of cars

The valuation of a car also takes into account the number of owners. If a car has changed hands regularly, it may have many hidden defects that the last owner is not aware of. Buyers are most likely to choose vehicles that have been used by only one person. Such cars retain higher value even when they are a dozen or so years old. It is worth remembering that loss of value of cars cause numerous changes of owners.
Current demand for a given car model

Demand largely influences car market values. Some car models are more popular than others, so they can be sold for more and faster. There are also vehicles that are not as popular, for example due to their specific design or failure rate. They are bought less willingly - it is often necessary to significantly reduce the price, even though the car is functional and well-maintained.
The general situation in the world also plays a role. If there is a current crisis or a difficult situation, such as a pandemic, people reduce their spending. They are also more willing to sell unnecessary items or exchange their cars for cheaper models. This results in an increase in the number of similar ads in the area, and therefore difficulties in selling a vehicle.
Mileage and market value of the car

As you can guess, car depreciation occurs with the increase in its mileage. This can be observed especially in the case of company vehicles or those sold by rental companies. Such cars are usually no more than a few years old. However, they are available at lower prices than those that have exactly the same technical parameters and age, but lower mileage.
This is because after driving hundreds of kilometers, many components naturally wear out. This may mean that you will need to make expensive repairs shortly after buying a second-hand car. Of course, when thinking about mileage, it is also worth considering the year of the vehicle.
Loss of value of a car after a collision

It is worth keeping in mind loss of car value after a collision. After all, the market value of a car often decreases, even if it has been professionally repaired. Such a vehicle is perceived as less reliable, which can affect the difficulties in selling it in the future. Potential buyers are often afraid of hidden defects or a decrease in durability, which lowers the market price of the car. To minimize the loss of value, it is worth keeping repair records and making sure that the work was done by a proven workshop.
Of course, if the car needs repairs — its value will be even lower. After all, the buyer has to fix them.
The impact of equipment on the market value of a car

Rich equipment can significantly increase value of a used car, making it more attractive to potential buyers. After all, elements such as leather upholstery, multimedia systems or advanced safety technologies are often seen as additional advantages. Buyers are more likely to choose vehicles that offer greater comfort and functionality, which allows the seller to negotiate a better price. It is therefore worth emphasizing such advantages in sales advertisements. Additionally, well-maintained and efficient equipment shows the owner's care for the vehicle, which increases trust and the chances of a quick sale.
Origin and market value of the car

The origin of a car is one of the key factors influencing the purchase decision and the value of the vehicle. Domestic cars are often more trusted because their history is easier to verify and the mileage is usually more reliable. For this reason, they are usually the easiest to sell, and the market value of such cars is relatively high. Imported cars may offer more equipment or a more attractive price, but they carry the risk of hidden faults or rolled-back odometers. Fleet cars, on the other hand, although usually well-maintained, may be more worn due to intensive use. It is worth thoroughly checking the documentation and technical condition of each vehicle, regardless of its origin.
Fuel type and car prices

There are many factors that affect the market value of a car. Some of them are within your control, but many of them are a matter of current demand, the passage of time, and even how the vehicle was used by previous owners.
Source: auto-swiat.pl, superauto.pl