Zigwheels offers an easy-to-use Used car valuation calculator that gives a fair estimation for your pre-owned car. You can also list your old on our Used car portal to get the highest selling price possible. What's even better? It is absolutely free to list your older car on our portal.
Wish to sell off your old car with no hassle and for the best price possible? The used car platform offered by Zigwheels is the one-stop shop you should check out for selling your old car. With the help of the free tool car value calculator, you can get a first-hand estimated idea of your old car even before the actual evaluation of your old car is conducted.
The estimated price calculated by the used car valuation calculator of Zigwheels also gives a car owner a rough idea of his car’s actual market value, which may depend on the condition of the model he owns or its acceptance in the second-hand car market. Also, the used car valuation algorithm of Zigwheels depends on the real-time changes in market dynamics and the brand’s acceptance and popularity for the estimated evaluation.
For getting an estimated value of your old car on Zigwheels, all you need to do is insert the basic information about your car, such as brand name, model name, kilometres covered in its odometer, city name and your contact details, on the Zigwheels’ platform. Inserting all these details will give you a brief estimated range of your old car’s fetching price. And if you feel that your car holds more worth, you can directly head to your nearest Zigwheels store in the Philippines.
Frequently Asked Questions
What is used car valuation?
The process of calculating the actual worth of your current car, depending on various factors affecting its current price, is used car valuation. As soon as you buy a car, its value starts depreciating, which only drops with every passing day. The used car valuation depends on various factors like the name and brand of the model, kilometres covered in its odometer and the overall condition of the car you own.
How can I find out my car’s worth using a car valuation tool?
You can find a rough estimate of your old car’s value on the free car value calculator by Zigwheels. Here, all you need to do is insert the basic information of your car, such as brand name, model name, kilometres covered and year of registration, and click the ‘check valuation’ tab. On clicking it, an estimated range of your old car’s value will be displayed on the screen.
Do I have to register on Zigwheels to check my car’s valuation?
No, you need not register your details on Zigwheels to use the free car value calculator, but only give the details of your car on the platform wherever asked.
Do I have to pay for using this tool?
As mentioned above, the car value calculator by Zigwheels is a free tool, and anyone can use it for as long as he wants.
If I am satisfied with the estimated price, how do I go about selling a car through Zigwheels?
The process of selling your old car on Zigwheels after getting its rough estimated selling price range includes a few basic steps, which include filling in a few details of your old car and yourselves, including your contact number. Based on the information given, the team of Zigwheels will contact you for a thorough evaluation of your old car and the closure of the deal. For quicker responses and the best prices, you can also upload pictures of your old car on Zigwheels.
How do I know the price estimated by Zigwheels Used Car Valuation tool is right?
The used car valuation tool of Zigwheels works based on an in-house developed algorithm, which takes years of used car transaction data points to predict an estimated value of your car. However, the actual physical evaluation of your old car at your doorsteps by the team of Zigwheels gives an even more precise and unbiased price of your old car, depending on current market trends and developments around your existing model.
How does used car valuation impact the insurance of my vehicle?
It is advisable to never underprice your old car to save money while insuring your old car, as it fetches a lower value than desired, resulting in you losing money over your car. Also, in case of a total loss event, such as theft or a major accident, the claim payout offered by the insurance company against your old car will become lower.
What determines the value of a car?
The factors which affect the price of your old car include mileage, condition, location, colour and type of usage by the previous owner, i.e, you.
How does the used car valuation calculator help sellers and buyers?
The price calculated by the used car valuation calculator is not the actual price, though it gives a roughly estimated price range within which your old car’s value lies. This calculator serves as a transparent window between the buyer and seller. This tool also helps the banks to estimate the value of a car, in case the car is purchased through a loan.
How does a car’s total running affect its worth?
Usually, the higher the mileage covered by a car in its odometer, the lower will be its value as a used car.
How frequently does the valuation price get updated?
The used car valuation algorithm of Zigwheels works based on real-time developments in the car market of Philippines. For example, If a car is discontinued, the algorithm detects that the market price of that model has dropped more than usual, and according to it, the calculator fetches the price.