You will also save money by learning the book value or used car price before buying a car. This is the approximate price the book suggests a dealer should pay for a vehicle as a tradein, subject to the vehicle having average mileage these averages can be found on the last page of the book and then any amounts for reconditioning to get the vehicle into showroom condition must still be deducted. Therefore, the cheapest, used cars to insure in south africa are largely dependent on a multitude of variables, and not just on the type of car you have in mind. Only three in ten people have their vehicles insured in south africa, says the automobile association. Buying a second hand car is never easy, you never quite know what youre going to get until youre the owner. One of our dealer friends have advised the trade value on this is around r201,000. However, it would be advised to visit a chevrolet dealership for a definitive assessment on your vehicle. Tradein, resell value of used mercedesbenz cars within south africa.
Let the mercedesbenz gla 200 amg line impress you, on and off the road. Lets start with the 10 cars with the best resale value in south africa. Car book value get the estimated book value of any car. If your insurer insists on valuing your car at a different amount, ask for the source of their car value calculation and see how it differs from your car book value. The book that dealers use to value your car is now digital. In light of this, we thought we would have a look at which cars you will pay less insurance for in south africa. The original car book value calculator, online since 2008. The trade in value of vehicles for people who are thinking of selling a car or simply need to know what theirs is worth is sometimes difficult to determine, especially with some models. Find book value ads in the south africa used cars for sale section search gumtree free online classified ads for book value and more in south africa used cars for sale.
See the book value and what your car is worth today. Book value of car south africa enter your email address to receive alerts when we have new listings available for book value of car south africa. It will help you work out the approximate book value of your car easily and free. There is absolutely no rule which states that you should pay book value, or less than book, or more than book. If someone has access to the professional quotations i. The retail value of a car which is usually a higher value than the market value is the average price a car dealer would sell it for.
Fortunately, car brokers and insurance companies do the maths for you and publish the book value of cars on a regular basis. Your cars book value is affected by several factors. We are results driven and strongly encourage innovation while maintaining a casual and relaxed vibe in the office where we wear shorts to work and share a beer together on friday afternoons. Enter your vehicle details in our online valuation tool and you will receive an initial value of the car within seconds then book a valuation appointment in your area. The higher the value of your car, the higher the car insurance premium, so only insure your car for the actual value of your car. A vehicles book value is a rough guide used to help determine the retail book value and trade book value price of that specific car. Estimate your cars resale value estimating a cars true value is not any easy thing to do since appraising vehicles is a very complex process. Japanese motorcars when imported to south africa cost more than our cars here, so even for a second hand car of this kind, you are looking at a lot of money.
We recommend that you insure your vehicle at retail value rather than market value in case of total loss. Email field should not be empty please enter a valid email. Book value explained nissan vehicles at group 1 motors. Car book value get the estimated book value of any car in south africa. The difference between your cars book and trade value. Very few cars trade even close to book value one of them is a polo, however, and if you have a nice clean one, you know that it will probably be sitting just about on book. Explore 551 listings for book value of car south africa at best prices. January 1, 2011 by tony bandalos ive spent the last week searching for a comparison for. We buy your car free online valuation without registration. Book value in south africa used cars for sale gumtree. Buying a second hand used car can save a lot of money over buying a new car, but is it worth it.
Crime levels before south africa s lockdown and what they look like now. The book value of your car is the average value that your car is worth when trading in or selling your car. The industry uses book values only as a starting point and not as a definitive reference. To use the book value calculator, simply follow the steps above to get the approximate book value of your car. Whether you are buying a car or selling your car, know the retail value before you close a deal. Your vintage car is the crown of your car collection but finding insurance for vintage cars can be an uphill battle. Select the model of the car you want to get the book value of. The haval h2 comes with a 5star ancap safety rating giving you peace of mind. Book value get the book value of your car easily and free. Apply for finance or insurance instantly with no fuss, with our app you can apply for finance or insurance from the.
Buying brand new vehicles in south africa isnt easy these days and this is why so many people are purchasing used vehicles, but after many of them have been ripped off with the prices they paid for used cars, people prefer to use the aa car book value program. The average driver puts about 2000km a month so if you drive less than that, you should get a slightly higher price. Find used cars for sale in south africa wheel index. Car price guides and the value of your car santam insurance. Our covid19 community guidelines tips, advice and news related to trading on gumtree during the covid19 crisis. Volkswagens tiguan is the valueholding winner after one year, retaining 89. Anyone who has bought or sold a used car in south africa are likely to have heard the terms book and trade value. The trade price is the price a second hand auto dealer will pay for a used vehicle whereas the retail price refers to is the value that the car retails for if you were to buy it from an auto dealer. Select car model nissan 370z coupe nissan 370z coupe automatic nissan grand livina 1. Plus allowances must be made for localregional fluctuations in popularity.
People who are not knowledgeable or experienced with evaluating automobiles will not be able to accurately tell how much a vehicle is really worth. It is derived from a handbook called the auto dealers digest. Lead generation south africa a websense internet solutions company taking care of your lead generation needs. However, the trade in, or book value, that they give you here will be a good indication of what your vehicle is worth. The book value of a car is calculated by using a dauntingsounding financial tool called a depreciation formula. We recommend car shoppers consider how car dealerships price cars in order to evaluate whether that car is, in fact, worth the price tag. In insurance terms, this means that if your car is covered for its retail value and it is written off in an accident or stolen without being recovered, the. The book that dealers use to value your car is now digital in sa.
Trade in value has access to 140 unitrans dealerships to make sure you get the best or to get your values instantly download our fresh new app for android. Car book value south africa what is your car worth. When applying for traditional car finance, it is standard practice to apply at an authorised car dealership. The price the dealer applies on the vehicle when he sells it. Book value can mean either the retail price or the trade price, depending on whether a dealer is selling the vehicle or buying it as in a trade in. Drive off in sas mostloved luxury sedan, the mercedesbenz cclass from r7 999 pm on agility finance. It is a fair and reasonable method to arrive at a market value, but it must be borne in mind that the book values are only a guide and nothing more. Do a vin number check to see the car accident history. It is an industry guideline that car dealerships use in order to determine a purchase price when buying or selling a car.
Various considerations are made about the car when working out the premium. Insurance premiums are calculated on various factors, including your personal risk profile, as well as the car you are driving. Vintage cars are defined as cars that were manufactured between 1919 and 1930. Shortterm central regions of south africa, free state and northern cape contact person. Apply online for obligation free car insurance quotes through. Its a good idea to do an annual check on the retail value of your car. What is the book value of my car questions on used cars. Market value of a car this term is used to determine the amount for which to insure your car. Our client site has been designed to be your onestop dashboard to view all your insurance information and update your details. The problem with this is that you are very limited to the select amount of cars that are available on the dealership showroom floor. We provide the used car prices of all makes, models by year and major locations in south africa. How to get bluebook value for south africa flippers. Car book value south africa all vehicle dealers have access to a database which values vehicles in order to get an indicative value of your car.
Looking for the book value of a car in south africa. You could also use our whats it worth tool to find out the value of any car. Getting an online resale value for your used car is the key. Cape town not everyone can afford a new car, well, with exception of the 36 794 fortunate south africans who registered their new cars in january 2017. Car insurance how car insurers calculate your premium. The driver your age, and whether youre male or female has a big impact on the kind of money youll be spending on your insurance premium every month. Quality used vehicles value cars warehouse new zealand nz. The book value typically refers to the prices published in the. The market value of a car revers to the average between the tradein and retail price. New proposals for life after lockdown in south africa the book that dealers use to value your car is now digital in sa economist warns that sas recession drought is not over yet next article. Estimate your cars resale value used cars for africa.
Insurance for vintage cars classic car car insurance quotes. What are the cheapest second hand cars to insure in south. How to calculate your cars value thames insurance brokers. This will be helpful in negotiating the used car price while buying or selling. Our sales team will not be able to give you a 100% accurate trade in value until they have actually seen the vehicle first hand.