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How to Find the Market Value of a Used Car in Australia

5 min readBy Jez Smith
How to Find the Market Value of a Used Car in Australia

How to Find the Market Value of a Used Car in Australia

One of the most powerful things you can know going into any vehicle negotiation is the precise fair market value of the vehicle. Sellers sometimes price emotionally or based on what they paid — as a buyer, you need objective data.

Watch: How to Find the Market Value of a Used Car in Australia

How to Find the Market Value of a Used Car in Australia

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Australian Vehicle Valuation Sources

RedBook

RedBook is Australia's most widely recognised vehicle valuation reference. It provides:

  • Trade-in value (what a dealer will pay)
  • Private sale value (what a private buyer typically pays)
  • Dealer retail value (what a dealer sells for)
  • These values are updated regularly and account for make, model, year, variant, and standard options.

    CarsGuide and Carsales "Price Guide"

    Both platforms aggregate actual listing prices for your specific vehicle. This gives you real market data — what sellers are actually asking. Compare 10–20 listings of the same vehicle to find the genuine market range.

    Glass's Guide

    An industry-standard valuation tool used by dealers and finance companies. Some data is available publicly through various financial institutions.

    Insurance Company Values

    Your insurer uses market valuation data to determine agreed value or market value coverage. Getting an agreed value quote effectively reveals what a professional insurer will insure the vehicle for — a useful sanity check on valuation.

    Factors That Affect Value

  • Kilometres: — each 10,000km below average adds value; each 10,000km above detracts
  • Service history: — full dealership history adds premium value
  • Colour: — silver, white, and grey retain value better than unusual colours
  • Options: — navigation, sunroof, leather, towbar all add value
  • WOVR history: — write-off history reduces value by 25–40%
  • State of origin: — some states have higher transport costs
  • Our Gold Report Includes Market Valuation

    National VIN Check Gold report ($29.95) includes market valuation data for the specific vehicle you're checking — based on make, model, year, variant, and kilometre band. This is the fastest and most convenient way to get valuation alongside history data.

    Run a Gold report before any vehicle purchase over $20,000. Know the fair price before you negotiate.

    Useful Australian Resources

    Popular places to browse and research your next vehicle — always run a history check before you buy.

    Ready to check this vehicle?

    PPSR finance, stolen status, WOVR, and more — in a single instant PDF. From $9.95 + GST.

    Buying guides by vehicle type

    Check by state: NSW · VIC · QLD · WA · SA · All states

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