Auto Trader valuation contradiction

Auto Trader valuation contradiction

Author
Discussion

MmmLombardo

Original Poster:

10 posts

9 months

Friday 15th March
quotequote all
Hi there,

Hi,

I often find that cars listed as a 'good price' on Auto Trader don't correspond in price to their valuation tool. I can't work it out.

For instance, a car is listed for £7.3k, but the valuation tool values it at £5.8k.

Anyone know what the deal is?

Cheers

HTP99

23,280 posts

147 months

Friday 15th March
quotequote all
Trade vs retail?

MmmLombardo

Original Poster:

10 posts

9 months

Friday 15th March
quotequote all
No, the valuation tool doesn't give you a trade in price. It tells you what you can expect to sell the car for on Auto Trader.

sixor8

6,594 posts

275 months

Friday 15th March
quotequote all
The low / fair / good / high price thing I thought would be helpful, saving you comparing lots of cars. But only about half the cars listed by traders / dealers seem to get one. frown And NO private sellers get an assessment. It's also massively biased towards mileage. rolleyes

bennno

12,696 posts

276 months

Friday 15th March
quotequote all
MmmLombardo said:
No, the valuation tool doesn't give you a trade in price. It tells you what you can expect to sell the car for on Auto Trader.
Sell it for privately - either to a private buyer or trader.

The dials are based on a comparator with other similar model cars for sale by other dealers.