Q:

What determines the trade-in value of an ATV?

A:

Quick Answer

The two most important factors that determine the trade-in value of an ATV are its typical market price and the condition of the vehicle. Guides such as the Kelley Blue Book and NADA Guide list typical market prices for ATVs in excellent to poor condition.

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Full Answer

The typical market price or fair market value found in the Kelley Blue Book and other guides is the average price that dealerships pay for a particular ATV in a particular year. This value is not the exact price that any dealership is willing to pay for a particular model of ATV, but it is a reliable guideline for average trade-in values.

An ATV's condition includes such factors as its state of repair at the time of trade-in, any parts that are replacements and any modifications made to the vehicle. Mileage is also a key consideration, as dealers are willing to pay more for ATVs with low mileage. Both the Kelley Blue Book and the NADA Guide list the mileage amounts that dealerships consider average for ATVs.

Minor considerations, such as the cleanliness of the ATV and whether or not the vehicle has extra options, can have a minor impact on the ATV's trade-in value.

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