How Our Car Valuation Tool works
Our Car Value Calculator is powered by an extensive database of thousands of real transactions and consumer sentiment gathered through crowd-sourced polls and live listings. We meticulously analyze numerous data points to provide you with the most precise car value calculation available. As a result, our valuations encompass a range that accounts for the varying conditions of cars. Rest assured, the CarSwitch Car Value Calculator delivers a comprehensive and transparent assessment, ensuring you have all the necessary information at your fingertips to make the best decisions when it comes to buying or selling a car in the KSA.
Smooth selling in few steps
Frequently asked questions
How do you calculate the value of my car?
Will CarSwitch.com sell my car if it is in Riyadh, Jeddah or Dammam, KSA?
Absolutely, with CarSwitch.com you set the price and we will sell your car for you! Use the CarSwitch.com Car Value Calculator for guidance on the recommended price, and even if you want to try and get a little more you set the price you want and we will sell it for you! Just follow the flow above which will ask you for some basic information such as your car’s make, model, year, trim, body type and mileage and we will display your used car value. You then set your asking price and we will sell your car in KSA for the best value! Thousands of people use us every month!
Ultimately, at CarSwitch.com, we aim to get the best price for your used car for sale in Riyadh, KSA and the testament to that is we let you set and control the price fully.
What does used car value depend on?
There are several factors that determine a used car value including
Year of manufacture and Mileage. A car value in KSA depreciates quite significantly in the first few years, especially when the shape changes, but this rate of depreciation slows down as the car gets older. Additionally, the more a car is driven each year, the further it is going to depreciate
Car Condition. This condition of your car can affect the value of your car by up to 30%! Factors such as oil stains, serious mechanical issues, repainted panels all affect the value of a used car significantly. While smaller issues like scratches and dents may make it appeal less to a buyer, though are unlikely to cause major losses to its value
Service Record. Access to a record of the car’s service history is an essential aspect for anyone buying a car. A record to show that your car has been taken for regular servicing could increase the lifespan of the vehicle and also allows the buyer to see how the car has been treated and what condition the car is in at the time of sale
Supply and Demand of Cars. For car models in demand, where supply of used cars is low for specific years of certain car models, these models are more likely to retain a higher value than the average market depreciation of a car from that year. However, these certain car models usually take longer to sell
Regional Specifications. GCC spec cars hold their value much better than those with Non-GCC specs. There is typically no service history available for Non-GCC spec cars and the majority of these cars that arrive in KSA are salvaged or have been in a serious accident. Therefore, the values of Non-GCC spec cars are a lot lower
Private vs Dealer Sale. If you are looking to sell to a private individual, you will receive a better price for your car and one that is closer to the Market Value. However, with a dealer sale, although you sacrifice on value, it is very quick!
Why is my used car value recommendation lower than what I believe is market value?
-High Mileage. The average mileage of a car per year is approximately 20,000 kms. Driving a car for distances greater than the average value per year causes a car to depreciate more quickly.
-Non GCC Specs. Owning a used car with Non-GCC specs (for example an imported car from the United States) will have a lower intrinsic value as it will not have service history buyers can validate and reputationally are suspect to have been accidents which buyers are generally weary of. We have generally found car values to be ~30% lower than the value of GCC spec cars.
- Incomplete or No Service History. This means that the buyer has little information as to how the car has been treated and what the current condition of the car is and therefore, this cars value is much lower than what the market value indicates
-Poor Car Condition. The condition of your car can affect your car value by up to 30%! Factors such as oil stains, serious mechanical issues, repainted panels all affect the car value significantly.
Can the online valuation that CarSwitch provides change?
CarSwitch’s Car Value Calculator provides you with information about the current market value of your used car. It will give you a good idea for how much you should sell your car for. However, the used car market is quite dynamic, changing quite frequently as new cars come on the market with different prices and within a month you might find the value of your car has changed making your car uncompetitive. In order to get the most up to date information, please check the values on a monthly basis or sign up to CarSwitch.com where our Switchers will handle this for you. Selling and buying a used car in KSA has never been as easy.
How do ensure I sell my used car for the highest value?
CarSwitch.com tips to get the best value when selling your car in the KSA would be:
- Try and keep the mileage of your used car within the average range.
- Regularly send your car for service and ensure all these details are recorded.
- Make sure your used car is kept in good condition and address any issues prior to selling.
- Avoid selling your car to a dealer / trader or instant cash type services as, though convenient, these are for profit channels and so must buy your car for lower than market value to make a living
- Give yourself time when selling your used car so you can hold for the right buyer that maximizes your value
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