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Car Resale Value
Calculate current market value of your car
📖 How to Use the Resale Value Calculator?
- Step 1: Enter the Original On-Road Price of your car when it was purchased.
- Step 2: Enter the Age of your car in years.
- Step 3: Input the Total Kilometers (Km) your car has been driven.
- Step 4: Select the current physical and mechanical Condition of your car from the dropdown.
- Step 5: Click "Check Resale Value" to get the estimated current market price and depreciation details.
❓ Frequently Asked Questions (FAQ)
1. How does the calculator determine my car's resale value?
Our tool uses standard Indian market depreciation rules based on the car's age. It also checks if the car is over-driven compared to the average (12,000 km/year) and adjusts the final price based on its physical condition.
2. Does high mileage affect the car's resale value?
Yes. If your car has been driven significantly more than the expected average kilometers per year, its market value drops slightly due to extra engine wear and tear.
3. Why should I enter the "On-Road" price instead of "Ex-Showroom"?
Using the On-Road price gives a more realistic valuation because second-hand buyers consider the RTO taxes, registration, and initial fees you already paid when buying the car.
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