Used Car
Buying Help:
Auto P. I.  Used Car
600-Point Inspections
Why Use Auto P. I.
Used Car Inspections
The 1-2-3 Steps of Buying a Used Car
Master Technicians & Frame Specialist
Frame Inspections are Critical
Determining the True Value of a Used Car
Used Car Industry
Alerts and Scams
Buying Myths
and Misconceptions
Helpful Links for More Information
Frequently Asked Questions

Watch Out For:
Other Types of Pre-purchase Inspections
Voided Factory Warranties on Used Vehicles
Certified Used-Car Drawbacks
A CARFAX Report
is Not an Inspection
The "AS-IS" Sale Document
Odometer Fraud at Highest Levels
Salvage Vehicles are
on the Road Again
Title Fraud and Title Cleaning
Curbstoner or
Individual Seller?

Determining the True Value of a Used Car

To determine a vehicle's value, most buyers, dealers, and financial institutions use some sort of vehicle pricing guide. Many use the NADA Official Used Car Guide or similar publications like Edmonds, Kelly's Blue Book, Black Book, etc..

These buying guides normally contain the market's retail, wholesale, and loan values for used vehicles. These prices are based on the current used car sales in a specific region of the country. These publications also include monetary additions and deductions for equipment packages and for low and excessive mileage.

The major flaw of these publications is that the values in these books are based on the assumption that the vehicle is in average (or good) mechanical and structural condition. Although two identical vehicles may look and drive the same, these publications can not distinguish between a well-maintained vehicle, and a vehicle with existing mechanical and/or structural problems. The difference between these two cars can be hundreds to thousands of dollars in value.

Many of these publications instruct you to "Deduct for Reconditioning", but give no instructions how to calculate these deductions. A professional inspection from an ASE Master Technician should give you the dollar amount for any repairs or maintenance items.  Buyers should take that amount and subtract it from the published book value. This will give the buyer the true value of the vehicle. The Technician should let you know if the vehicle was well maintained or abused. This also affects the price of the vehicle.

Don't decide by looks alone - every used car should be clean and good looking. However, an Auto P. I. inspection will determine existing problems such as previous accident damage, odometer discrepancies, needed mechanical repairs and maintenance items, prior shoddy repairs, misuse and abuse, etc.. Once you purchase, these problems can cost hundreds to thousands of dollars to fix. Without a professional inspection, you could be buying a ticking financial time bomb, or buy a vehicle for more than its true value.

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The only way to determine the vehicle's true condition is by a professional mechanical, electrical, and frame inspection. A professional inspection from Auto P. I. Used Car Inspections will give you a dollar figure amount for any needed repairs or maintenance items. That amount should be deducted from the book value to determine the TRUE value of the vehicle.

Don't Buy a Used Car With Past or Current Problems
Know the True Condition by Scheduling Auto P. I.'s 600-Point Inspection.

(512) 454-5999
Serving the Greater Austin, TX Area  

Inspections As Seen on

Endorsed by the
Texas Credit Union League

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