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Used Car Valuation Calculator in 2023. Depreciation Grid in Used Cars Explained
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 2023
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 |
||||||||
| 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 |
|||||||
| 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, GM or Ford Cars, Utility Vehicles, Luxury Segment like Audi, BMW, Benz
Diesel Car Valuation Grid (Other than Delhi, NCR)- Basis Manufacturing Year |
|||||||
| 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
Get on to MyCarHelpline Team to Assist you in Answering Queries with Best Estimated Price.
Click Here to Get Valuation Price
or
Click Here to Post Free Ad to Sell Used Car Online
Comments 110
what will be cost of single hand driven VW POLO highline of 2018 model.
Hello sir my budget is 3.5 lakh m planning to buy ford fiesta classic 2014 model driven 28000 km diesel engine single owner. Or else which one should I buy please guide me... Thank you
I am thinking to buy a second hand MG hector 2022 Sharp CVT petrol model for 20 lakhs. Car is driven 5600 kms.please suggest
Dear sir, I am planning to purchase a second-hand car. Alto - k10 (Jun2011), 55000 km in 1.5 lakhs PETROL. should be the perfect deal or quoted rate may be high..
I am getting an old "Grand i10 sportz -2019" in 4.30 lakhs. But after road tax calculation it would cost me around 4.80 lakhs. Is it a good deal? Car is 22k driven already. Purchasing from dehradun and re registration will happen in UP>
Dear Modi sir, planning to buy a second-hand car. Two options in my hand, AMAZE 1.2 VX CVT(Dec2019), 12000 km in 7.5 lakhs or CITY 1.5 SV CVT(Feb2017), 63000 km in 6.25 lakhs PETROL. Which one should be the perfect deal for 5-6 years of use.
Sir,
Hyundai Verna 2017 model, 1.6 SX VTVT petrol variant
45,000 Kms odometer.
Is 7.4 lakhs price fair deal? (Car price, commission, RC transfer included).
I am planning to buy
Swift ZDI 2014
KM - 62000
Car is in good condition
425000 INR
Is it a fair deal?
I want to sell my mini truck TATA ACE MEGA XL( Model 28/12/2018 ) , ( KM driven upto 11841 ), Value is 435000 (Negotiable) its in a Very Excellent Condition all service from TATA Motors.
If any one wants to buy contact on my E-mail. Fake Users Stay away.
jsskng@gmail.com
Jasvinder Singh
HI All,
Am looking for Baleno petrol 1.2L Delta and above version , year of manufacturing should be in between 2016 and 2019 year
From Kolkata,
Need a car around 3 lakhs.
For personal use.
Condition should be good.
Anyone interested, please reply.
hi,
I am planning to buy Baleno Delto prtrol oct 2016 in 4 lakhs. Car is in good condition. I would like to know if I am getting a fair deal or not?
That's a thunder deal. Just close Ur eyes and grab it... It's a premium hatchback mind u..
Hi Gagan,
Hope you are keeping fine out there. Am a regular viewer of your you tube channel for reviews, updates & other info.
The valuation tool would be very helpful as I'm looking to buy a second hand car. I've zeroed in on Nissan Micra XV CVT (of course influenced by your video on underrated cars in India).
Hope it would be a good choice. 2017 model, white, 80000 kms driven, single owner, no accident history - asking price - Rs. 4.5 lacs. What would be the best recommended price? Vehicle is registered in Coimbatore, Tamil Nadu. Hope you will not disappoint me & guide me in this regard.
Dear sir,
I would like to sell my hyundai i10 era 2011 model. True value is offering me 150000. I am asking for 180000. The car is 57000km run. No major dents, minor scratches only.
What u say. Please
Getting Demo car Honda City Vx MT petrol from Honda Auto terrace September 2018 model 23000kms driven.BS4 dealer register.
Sevice history available.No acciedental history.
Asking Price:9lacs.
Is it a good buy?
If i buy a used luxury car for approx 12lac(2011 model) from delhi and register it in mumbai how much road tax will i have to pay in mumbai. Is it calculated based on the original ex-showroom price or current car value or IDV value mentioned in insurance?
If i buy a used luxury car for approx 12lac(2011 model) from delhi and register it in mumbai how much road tax will i have to pay in mumbai
I want to purchase an old car in maruti suzuki specially Alto or wagonR, my budget is between 50,000 to 1,00,000. I live in noida and prefer buy car from Noida only. Please suggest me Is it good decison to buy old car?
If your budget is below 1 lac and you don't want to go for loan then you are only left with one option, i.e. to buy old car.
In your budget you can get 800, Alto, zen, centro or wagonR. You will get a car which will be 10-15 years old.
basically you will be missing smoothness and peace of mind.
My advice is: give a down payment and buy a new car. Or if you want an old car then go for a car which is not more than 6 years old (rest depends upon the condition of car).
While buying an old car, take a mechanic with you to test it completely. Sometimes people sell cars at lower price which has major engine problems (and fixing them would cost more than cost of car).