Used cars have exploded in recent years, but there are still a lot of people in the wait-and-see phase. According to the China Automotive Online School, most people in the wait-and-see stage are there because they don't understand used cars. This is one of the biggest obstacles hindering the development of the used car industry. Today, we introduce some simple methods that can roughly estimate the price of a used car. Lifetime estimation method. We can depreciate a car for about 10 years based on its useful life, which is divided into 3 years to 4 years to 3 years. The depreciation rates are 15%, 10% and 5% respectively. The advantage of this method is that it can quickly assess the price of a used car, but the disadvantage is that the calculated price is not accurate enough.

Replacement cost method. This method is more complex, but the calculation is more accurate. It should be noted that the price calculated using this method will be higher than the actual price of the used car. We've covered the exact method in detail before, so you can search for ? China Automotive Online School? or? used car appraisal information? to find out for yourself. ? Replacement cost calculations for used car prices are established? The following is a summary of the method of calculating the replacement cost of a used car. Used car price new depreciation rate calculation method establishment? The method of calculation of the used car price adjustment factor. Establishment of the method of calculating the adjustment factor for the price of a used car? Accident cars are taboo. Any used car can be in an accident. It will greatly depreciate in value. Of course, there are different scales of accidents. If it is a general minor accident, scratches and rear-end collisions, it will only affect the appearance. Buyers will know how much of an impact it will have.

Rough Algorithm. The formula is simple enough to quickly estimate a vehicle. When visiting the used car market, it is more applicable to simple rough calculations for certain cars. Usually, using this technique saves face. The method is straightforward and similar to method one. The first year is depreciated by 20% and the second year is depreciated by 10% per year. In short, this means a 20% discount in the first year and 10% per year thereafter. Model Estimation Method. Based on the current ? base price of a new car? as a reference price, the depreciation rate would be about 15% in the first year, with a lower rate of 6% to 8% per year in the second through fifth years, provided there are no significant changes. You can roughly estimate the price of the vehicle.

Use the Internet to estimate the price. This is simple and accurate compared to other methods and relies entirely on big cloud data. It can be said that this technique combines the advantages of all techniques. You can refer to transaction records. There is a limit to the number of manual statistics and these third-party valuation platforms rely on thousands of online data for reference. The only disadvantage is that you need to make a payment. The way to do this is to download the relevant app, select the model, choose the number of kilometers, license time and city, and then estimate the price with a single click.