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........... | An appraisal is an estimated value of your car based on its condition, age, mileage, standard equipment, and options included with your car. An appraisal is handy to have when you buy or sell a used car. Knowing an appraised value can help you bargain a satisfactory price during negotiations with a car salesman! | ............... | |||||||||||||||||||||||||||||||||||||||||||||||
| You will need to know the
following information about your car to get a more accurate appraisal:
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Your Task: Get an Appraisal for each used car.
Document your appraisal with a printout from either Edmunds.com or Kelly's Blue Book.com for each used car. Your may use the new car price as the appraisal number for the new car. |
Some Questions to Consider While Writing Your Conclusion:How does knowing an appraisal help you negotiate a better price for your used car? Are there any factors used in determining the appraisal that you feel are irrelevant? Are there any factors NOT included that you feel should be included? Are older vehicles always appraised lower than a more recent model? Did you agree with the appraised value of your vehicles? Did you think it was appraised too high or too low? Did you notice any trends in the appraised values when compared to the value of the new car? Are there any models that hold their appraised values longer than other? How important is this factor to consider when purchasing a used (or new) car?
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