How Do You Determine the Value of a Car for Free?


Quick Answer

Determine the value of a car by checking the Kelley Blue Book. The Kelly Blue Book provides value estimates of new and used cars for free on its website KBB.com.

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Full Answer

To determine a car's value, enter the year, make and model on KBB.com. The site also asks for a zip code to determine the car's value in a particular area. The site next asks for details on the vehicle's options such as the engine, transmission, drive train, steering and breaking. Other optional equipment may include navigation and entertainment packages and interior finishes such as leather seats.

After choosing the car's options, enter its condition to find an accurate value. KBB offers values for cars in excellent, very good, good or fair condition. KBB does not offer values for cars in poor condition. A car that is in excellent condition looks new and has no mechanical problems. Only 3 percent of cars are rated excellent by KBB. A car that is in very good condition has only minor cosmetic defects and excellent mechanical condition. KBB rates 23 percent of vehicles very good.

Most vehicles evaluated on KBB, 54 percent, are in good condition, with repairable cosmetic problems and good mechanical functioning. KBB rates 18 percent of cars fair condition. These vehicles need mechanical and cosmetic repairs.

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