How is Vehicle Valuation Calculated?

When it comes time to buy a new vehicle, your trade-in can be a great asset. It can be helpful to know your vehicle valuation so that you know how much of an asset your car may be. We’re outlining how we determine your vehicle’s value at North Penn Volkswagen.

Kelley Blue Book® Overview

We use Kelley Blue Book® estimates to help determine a trade-in value for your vehicle. Kelley Blue Book® is a go-to for buyers and sellers alike. They’ve established themselves as a trusted resource in the automotive industry with a rich history of over 90 years.

Valuation Factors

Kelley Blue Book® uses many factors to determine trade-in values. They consistently review sales transactions and auction prices. Then, the prices are adjusted to account for market trends and seasonality. This process is completed weekly for the most up-to-date estimations. While we utilize Kelley Blue Book® as a resource, it’s only the beginning. The most important part of your valuation is our trained technicians’ assessment.

Online Valuation Tool

You can quickly estimate your vehicle’s trade-in value using our online tool. You’ll get an estimate of the value for trading in your vehicle at our dealership, as well as to a private party. You’ll also get an instant cash offer for your vehicle, which can be redeemed at our dealership. To get your vehicle’s value, you can search by:

• Vehicle identification number (VIN)
• License plate number
• Vehicle make and model (you’ll also be asked to add info about your vehicle’s year, mileage, trim level, features, and condition)

Trade in Your Vehicle in Colmar, PA

We pride ourselves on an extensive pre-owned vehicle selection, so we’re continuously adding to it all the time. We’d love to add your vehicle to our pre-owned inventory. Visit North Penn Volkswagen to trade in your car today!