How this scenario works
The API applies your annual depreciation assumption to the original purchase price, then adjusts for mileage and condition. The trade-in scenario applies a further illustrative discount. Results are shown as a range to help you compare assumptions, not to predict a sale price.
For a real offer: compare similar cars locally, check authorized valuation sources, and collect written offers after an inspection.
What affects real car value?
- Year, make, model, trim, and equipment
- Mileage and mechanical or cosmetic condition
- Accident history, title status, and maintenance records
- Local demand and the type of transaction