Here is Easiest Way to assess Valuation Price of Used Car Online in India without any Dealer or Broker Assistance by Depreciation Calculator of Used Cars
Used Car Valuation in 2022
Used Car Market is Dynamic where unlike New Car there is no Fixed Price. Here Price Varies on Number of Factors which influences Valuation Price of Car.
Important factors for both Buyer and Sellers which determines the valuation price of the vehicle.
- Manufacturing Year of Car: Most Important is to check how old the car is. Remember - For Valuation Perspective its the Car Manufacturing year, and not Registration Year which matters. There can be a scenaro, like of registration year as 2016, as car registered in Jan 2016 but its 2015 Manufactured one - so for Valuation Perspective this car will come in category of 7 yr Old Car in 2022.
- Physical Condition of Vehicle: Check and Inspect Interiors, Exteriors, Dents, Paint Peel Off, Rusts. Check Door Panels for evenness, Check Bonnet and visually inspect for any damage to body
- Drive-ability Condition: Any Noise from Engine, Suspension, Underneath, Cornering, Speed Lag, Glitches in Drive-ability and car value erodes substantially.
- Car Functions: AC Effectiveness, Power Window Function, Central Lock, Steering, Lights, Indicators, Door Locks etc are Working or not.
- Service History: Is Car Service History Documented on time. Where is car serviced - Authorized Workshop, any recommendation for replacement of Parts
- Accidental History: Insurance Claims - check NCB Status, Accidental History of Vehicle, Door Panels, Gaps on Body
- Mileage: How many Kms Driven. If less than 200 Kms a month then its a concern too
- Vehicle Model in Production: If vehicle Model is discontinued, then the Spare Parts are slight costlier. Even in case of Maruti or Hyundai - for Esteem or Accent - Spares are slight costlier than the existing similar range. Same for other Manufacturer Models too
- RC Details: 1st Original Owner or 2nd Owner. Do not miss to tally on ID Proof of Buyer with RC. Also check Bank Hypothecation, tally on Insurance Chassis number and RC Chassis number with Imprint of Car Chassis number
Self Valuation of Used Car : Depreciation Calculator
It''s said that the moment car taken out of Showroom as Delivered Car - it loses 5% Value the very same Moment. Yes- its all game of Depreciation in Used Car Assessment
Below is Valuation Grid of Petrol Cars after Factoring Depreciation Part where Depreciation is Deducted on Present Market Price of Car . Yes - it does not matter on Purchase Price of Car, but either
- Present On Road Price of Similar New Car after all applicable discounts (if still selling in Indian Market)
or
- Last Recorded Price of Older Generation (if Model New Generation Came)
or
- A Similar Competition Model Base Variant (if Product Discontinued)
Petrol Car Valuation Grid - Basis Manufacturing Year |
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| Vehicle Model | Upto 12,000 Kms | 12,000 to 25,000 Kms | 25K to 35K Kms | 35K to 50K Kms | 50K to 60K Kms | 60K to 75K Kms | 75K to 1 Lac Kms | 1 Lac to 1.5 Lac Kms |
| 1 Year Old Car | 85% - 90% | 80% - 85% | ||||||
| 2 Year Old Car | 80% | 75% - 80% | 70% - 75% | 70% - 75% | ||||
| 3 Year | 75% | 70% - 75% | 65% | 65% | 60% - 65% | |||
| 4 Year | 65% - 70% | 60% - 65% | 60% | 55 - 60% | 50% to 55% | |||
| 5 Year | 60% - 65% | 60% - 65% | 55% - 60% | 50% - 55% | 50% | |||
| 6 Year | 55% - 60% | 50% - 55% | 45% - 50% | 45% | ||||
| 7 Year | 50% | 45% - 50% | 40% - 45% | 40% | 35% | |||
| 8 to 9 Yr | 40% - 45% | 35% - 40% | 35% - 40% | 35% | 30% | |||
| 10 Year | 40% | 35% | 30% - 35% | 30% | 25% | 20% - 22% | ||
| 10 to 11 Yr | 30% | 25% - 30% | 25% | 20% | 15% - 20% | |||
| 12 Year | 20% - 25% | 20% - 25% | 20% | 15% - 20% | 15% | |||
| 13 Year | 15% - 20% | 15% | 15% | 10% - 15% | 10% | |||
| 14 Year | 10% | 10% | 7% - 10% | 5% to 7% | 5% | |||
| 15 Year | 7% - 8% | 5% to 7% | 5% - 7% | 5% to 7% | 5% | |||
| > 15 Year | Scrap Value | Scrap Value | Scrap Value | Scrap Value | Scrap Value | |||
Note: Indicative Scrap Value is of Rs
- Rs 15,000 in most of Hatchback, Premium Hatch.
- Rs 25,000 for Mid Segment Cars
- Rs 35,000 for Executive Segment Cars and
- Rs 50,000 for Luxury Segment
Also, if Car has CNG Fitment then additional Rs 10,000 Scrap Value is what given.
Disclaimer:-
- Above Valuation Grid Presumes a Good Body Condition. There can be substantial Depreciation on the Price if the car condition is deteriorated.
- Above are General Indicative Prices which can be expected on Sale. However, much depends on the Medium of Sale - Individual / Dealer etc too
- Certain Models does NOT fit in above Valuation Grid - Discontinued Models, Ford Cars, General Motors Chverolet, Daewoo Cars, Fiat Cars, Utility Vehicles, Luxury Segment like Audi, BMW, Benz. If you need valuation assistance - connect through MyCarHelpline Forum for Professional Assistance.
How to Get Better Valuation Price
First Impression: The First and Foremost. First Impression is Last Impression. Get the Car Cleaned from Interiors, Exteriors Washed with Minor Dents removed, Paint touch up, Add on Perfume, Floor Carpets Cleaned. These Small things can help in jacking up Price to as high as 10K – 15K on Hatch and even 20K – 25K on Sedan Cars.
Remember - No Individual would be much inclined to give you the fair price of the car, what so ever - less driven or highly fuel efficient if the body condition, interiors and exteriors are not good.
Tyre Condition: Tyre Condition matters a lot. If replaced tyres less than 20K Kms or less than 2 yrs – have the bill documented. You can jack up the price by Rs 10K
Vehicle Service History: If Entire Service History is documented with all previous Services were Scheduled on time, you can jack up the resale price to reasonable levels of as high as
> 5% over and above the Fair resale value. (4 to 7 yr Old Petrol, 3 to 5 yr Old Diesel)
> 10% over and above the Fair resale Value (8 to 12 yr Old Petrol, 6 to 8 yr Old Diesel)
Wear & Tear Items : Matters highly especially to Individual Buyers – if Clutch Overhaul, Brake Pads, AC Servicing, Suspension related Work, Drive Belts, Battery etc were replaced in last 10K – 15K Kms or less than 2 yr whichever earlier – do highlight. Highlight the niggle free work for buyer.
It would help in negotiating the price value with an edge to Seller
Diesel Car Valuation Grid (For Delhi, NCR)- Basis Manufacturing Year |
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| Vehicle Model | Upto 15,000 Kms | 15,000 - 30,000 KMs | 30K - 50K Kms | 50K - 70K Kms | 70K - 1 Lac Kms | 1 Lac - 1.5 Lac Kms | 1.5 Lac + Kms |
| 1 Year Old | 85% | 80% | 75% to 80% | ||||
| 2 Year Old | 75% - 80% | 70% - 75% | 70% | 65% | |||
| 3 Year Old | 75% | 70% | 65% | 60% | 50% | ||
| 4 to 5 Year Old | 60% | 60% | 50% | 40% | 30% | ||
| 5 Year | 50% | 40% | 35% | 25% - 30% | 20% to 25% | ||
| 6 Year to 7 Year | 40% | 30 - 35% | 30% | 25% | Upto 20% | ||
| 8 Year | 30% | 25% | 20% - 25% | 15% - 20% | Upto 15% | ||
| 9 Year | 20% | 15% - 20% | 15% | 10% - 15% | Upto 10% | ||
| 10 Year | Distress Value | Distress Value | Distress Value | Distress Value | |||
Notes
- Above Valuation Grid Presumes a Good Body Condition. There can be substantial Depreciation on the Price if the car condition is deteriorated.
- Above are General Indicative Prices which can be expected on Sale. However, much depends on the Medium of Sale - Individual / Dealer etc too
- Certain Models does NOT fit in above Valuation Grid - Discontinued Models, Daewoo Cars, Fiat Cars, Utility Vehicles, Luxury Segment like Audi, BMW, Benz
Diesel Car Valuation Grid (Other than Delhi, NCR)- Basis Manufacturing Year |
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| Vehicle Model | Upto 15,000 Kms | 15,000 - 30,000 Kms | 30K - 50K Kms | 50K - 70K Kms | 70K - 1 Lac Kms | 1 Lac - 1.5 Lac Kms | 1.5 Lac + Kms |
| 1 Year Old | 85% | 80% | 75% to 80% | ||||
| 2 Year Old | 75% - 80% | 70% - 75% | 70% to 75% | 70% | |||
| 3 Year | 75% | 70% | 65% to 70% | 60% to 65% | 60% | ||
| 4 Years | 65% | 60% to 65% | 60% | 50% | 40% | ||
| 5 Years | 60% | 50% to 55% | 50% | 45% to 50% | 33% | 30% | |
| 6 Year | 50% | 40% to 45% | 40% | 30% | 25% | ||
| 7 Year | 40% | 35% | 30% | 25% | Upto 20% | ||
| 8 to 9 Year | 35% | 30% | 25% | 20% | Upto 15% | ||
| 10 to 11 Year | 25% | 25% | 20% | 18% to 20% | Upto 15% | ||
| 12 Year | 20% | 20% | 15% to 20% | 15% | 10% to 12% | ||
| 13 Year | 15% | 15% | 10% to 15% | 10% to 12% | 10% | ||
| 14 Year | 10% to 12% | 10% | 7% to 10% | 7% | 5% to 7% | ||
| 15 Year | Distress Value | Distress Value | Distress Value | Distress Value | |||
Get Valuation Price of Used Car as Buyer & Seller
Though Above Used Car Valuation Valuation Grid, can give you an Indicative Range. But - If you Seek Closest Estimated Valuation Price of a Used Car,
Submit Photos or Videos too of your Car and Post Details in Online Forum to get the best Estimated Price and Free Follow Up Queries on it. Click Here to Get Personalized Valuation Price
Do Not Miss to Mention
- Make, Model, Sub Model Details
- Fuel Type, Kms Run
- City of Registration with Manufacturing Month, Year
- Vehicle Condition in Detail - Claims, Service Records etc
- Mode of Transaction - Selling to Individual, Used Car Dealer, New Car Dealer or Buying from Individual, USed Car Dealer or Certified Dealer
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