What is the value of my car?

caribmike

Gold
Jul 9, 2009
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How can I find out how much is the real actual value of my car?

Other than supercarros comparing?

Where can I get an estimate in Santo Domingo?
 

caribmike

Gold
Jul 9, 2009
6,808
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Not sure. I am trying to get an estimate when I start shopping for a new one I want to use it as part of payment.

Of course I would like to know beforehand how much it is worth still more or less so I won't get cheated too much :D
 

william webster

Platinum
Jan 16, 2009
30,247
4,329
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Just start shopping and offer your car for trade.

I expect evry dealer will value it differently...US/Can does.

Depends on which dealer needs to fatten the used inventory.

There are no shortcuts...
even in NoAmerica, the valuations just give you a guideline until the dealer has the final say
 

DR Solar

Bronze
Nov 21, 2016
1,626
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83
I sold a car last year. I used Supercaros to get a feeling. Then I looked it up in the Blue Book. Took the Blue Book and adjusted to fit. I then added 20%. Lower then Supercaros but 20% higher then Blue Book. Sold via my mechanic in 2 weeks and his fee is off the buyer and not me. (I think?) I did not pay for any paperwork or anything. Just "sign here". Got my price less U.S. 500 so I was very happy. Cash deal with a stack of U.S. 100. bills.
 

windeguy

Platinum
Jul 10, 2004
42,211
5,966
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I make a rough guess this way. Take book value of a car in the US and add 40%. The Gorgon would have an idea .
 

windeguy

Platinum
Jul 10, 2004
42,211
5,966
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But then he is not free.

He does charge yet I don't see any paid for advertising for his services.

That is if you are using him to purchase a car. I was only stating that he could provide an estimate of the worth of a car.
I have no idea if he charges anything for that, nor what he charges to help purchase a car.
 

william webster

Platinum
Jan 16, 2009
30,247
4,329
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his services are more of a 'voluntary' nature , as I understand it but let him confirm that

Not a fixed fee schedule
 

irishpaddy

Bronze
Sep 3, 2013
1,166
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I concur with William.....when I dealt with him ...he was very easy to deal with ....but alas some people never want to pay for anything and expect everyone but themselves to do things for free
 
Jan 9, 2004
10,897
2,224
113
How can I find out how much is the real actual value of my car?

Other than supercarros comparing?

Where can I get an estimate in Santo Domingo?

You said you have insurance through Banreservas....so do I.....call them....they base their insurance premiums on the value of the vehicle....or the value insured.

How they arrive at it I do not know. They are historically below what you will find for prices on Supercarros.....but not by much.


Respectfully,
Playacaribe2
 

caribmike

Gold
Jul 9, 2009
6,808
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The car was initially insured with 1.6 Million DOP.

Since I got the loan I pay the same monthly fee for insurance. No deduction because it is becoming less worth over time... Left to pay for the car loan is like 700 K.
 
Jan 9, 2004
10,897
2,224
113
The car was initially insured with 1.6 Million DOP.

Since I got the loan I pay the same monthly fee for insurance. No deduction because it is becoming less worth over time... Left to pay for the car loan is like 700 K.

Yes, but look on your policy. Mine has a valuation, or alternatively the max they would pay. It changes each year at renewal.


Respectfully,
Playacaribe2
 
Jan 9, 2004
10,897
2,224
113
https://www.autoblog.com/car-values/2014-hyundai-tucson-limited4dr_all_wheel_drive/

This site has a calculator.

Depending on mileage (not sure how many I will have next year so I calculated 45000 miles) I am getting a trade in value of 16,000 to 17,000 USD. More than I thought.

That is a US price.

A better calculator and the one banks use here (US) can be found at www.NADA.com

But it does little to provide more than a base price in the US.

When you are ready to trade/sell send me a PM with your specs and I will get you a DR value via my clients.


Respectfully,
Playacaribe2
 

caribmike

Gold
Jul 9, 2009
6,808
202
63
Thank you! Will do that. :)

NADA gives me roughly the same estimates 16000 - 17000.

I have the "Full" version. Which was cash 37,000 something US compared to 22,000 for the basic one in 2014.

The basic ones are on suppercarrros at sales prices from 825,000 to 960,000 DOP
 
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