FREQUENTLY ASKED QUESTIONS
Frequently asked questions
The value of your car depends on several factors such as make, model, age, mileage (kilometres travelled) and condition. Other things to consider are any upgrades or modifications, and local market demand. The best way to find out your car’s worth is to ask us for a free, no-obligation appraisal. Our knowledgeable team has 30 years of experience and can give you a more accurate assessment of your car’s value.
The more kilometres a car has been driven, the less it is worth due to the car having more wear and tear. To work out how much the value of your car has been affected, you can group your mileage into bands of 20,000 kilometres , such as – up to 20k, 40k, 60k kilometres etc. As a general rule, each time a car moves into the next band, it loses approximately 20% of its current value.
A car in perfect condition will ultimately be worth more than the same car which has cosmetic or mechanical damage. This is due to the cost of repairs having to be deducted from the car’s resale price. Vehicles that have been involved in a collision which resulted in the car being deemed an insurance write-off will also see the value heavily decreased. Generally, if the car drives ok, we can buy it.
Service history gives the buyer an indication of how well a car has been looked after and highlights any historical issues. A car that only has a part or no service history is a bigger risk to the buyer, therefore the resale value is lower. To reduce the amount of depreciation caused by gaps in the service history, it is advised that all service documentation is retained.
A car that is still under manufacturer warranty could increase how much your car is worth. It’s not uncommon for manufacturers to offer extended periods of warranty to improve sales and interest for their fleet, therefore if your car is less than a few years old, it’s likely it’ll still be covered. If your car is still under warranty, it will improve the value, as it provides peace of mind to the buyer that they’re protected should anything covered under warranty go wrong.
Modifications to a car can both positively and negatively impact what it is worth at resale. Some modifications may make the car more aesthetically pleasing, which can result in the value being higher as it appeals more to a car enthusiast. However, modifications can also have a negative impact on the resale value as it adds more risk for the buyer and could be hiding previous damage. Modifications to the car’s mechanics also increase the risk involved, as there’s no guarantee they’ve been carried out to a high standard.
The age of a car is one of the largest determining factors when it comes to assessing how much the car is worth. Newer cars can depreciate quite quickly, losing up to 50% of its ‘new’ value in the first 3-4 years of ownership, so paying close attention to the market value of your vehicle based on its age alone is a good way to know what to expect when the time comes to re-sell the car.
Your car valuation will be valid for up to 1 week, meaning you’re protected from market fluctuations and can sell for the right price. If you're ready to sell and would like the money in your bank sooner, then simply book an appointment with one of our inspectors who will come to you for a quick inspection of the vehicle.
We Buy Any Car Melbourne is a family owned and operated car dealer that specializes in buying used/ pre-owned vehicles. We have been in business for over 30 years and have a wide network of dealerships that we on-sell to and we can offer better than trade-in prices. We can also help with finance payouts and finance on new vehicle purchases. Our friendly staff always aim to provide the best possible experience when it comes to selling your car.
At We Buy Any Car Melbourne, we understand that selling your used car can be a difficult and time consuming process. Selling your car privately can take up a lot of valuable time and money with preparing the car, including mechanical, roadworthy, body work, cleaning, photographing and filling in forms for advertising and transferring the car. You'll also need to respond to enquiries, arrange inspections times and wait around for people to show up...or not! Trading in your car when buying a new one from a dealership is another way to sell your car. This can be relatively easy, however a trade-in price is usually 20-30% less than market value.
Our experienced team can offer you a better than trade-in price and make it a very easy process, as well taking care of the paperwork and any finance payout. We will take care of the whole process for you. It will be quick, easy and hassle-free!
Yes, we often buy multiple cars, and business or fleet vehicles. If you're ready to sell your work cars and don't want the hassle of selling them individually, we can appraise your entire fleet of business cars and trade vehicles, including utes, vans, small trucks or buses. Please contact us directly for more information about our services and how we can help you.
A roadworthy and registration will add value to your vehicle. But getting your car roadworthy and having it registered isn't necessary when you sell to We Buy Any Car Melbourne. We are happy to buy it as is.
However, when you sell privately then, yes, you do need to provide a valid roadworthy certificate and registration to sell your car. This is to ensure that the vehicle is safe to drive and meets all legal requirements.
