A Quick Guide to the Edmunds Car Value Tool
The Edmunds calculator for used car values bases its pricing on data from a wide variety of sources, including dealer transactions, depreciation costs for unique automobiles, and consumer information. The appraised value is based on a number of factors, including year, make, model, trim, mileage, depreciation and features. All of these play a significant role in determining the value of your used vehicle.
The free valuation tool also has five used-vehicle condition levels: outstanding, clean, average, rough and damaged. Most people who use the tool will likely choose one of these three: clean, average or rough.
Once you’ve entered your details, you will be presented with three or four automobile values: trade-in, private party, dealer retail and certified used.
The trade-in price is what you can expect the dealer to give you if you trade in your used vehicle. This is