Dealer Trade-In Valuations

[DeathRow]

How do dealers compute the valuation of a trade-in vehicle taking into account all variables are constant and average (mileage, condition etc)?

Do they generally follow the 10-20% depreciation calculation?

[vinj]

From what i observed before, they value it around 60K to 100K less than the going market rate. Rarely do i see the percentage value applied on the second hand market here.

[DeathRow]

In order to compute going market rate, safe ba to multiply 0.90/0.80 by the cars initial valuation, per year?

[Mguy]

Its not an exact formula. Things to consider is the condition of the car and how easy it is to sell it.

[lukscudkil]

usually less 30k to 50k sa average price sa buy n sell/magazine

[vinj]

The most accurate to actual selling/going prices for me is the Manila Bulletin Sunday classifieds. Remove around 5K-30K for the tawad price and around 60K-80K for the trade-in/presyong kuha ni buy and sell. Personally i find prices online and in Buy and Sell still to be on the higher side.

[_Qwerty_]

depends on the model.. pag may new model na lumabas.. asahan mo ang baba nang trade in nang old models..

[ghosthunter]

How do dealers compute the valuation of a trade-in vehicle taking into account all variables are constant and average (mileage, condition etc)?

Do they generally follow the 10-20% depreciation calculation?

It would be more like 20 to 30% below market value.