Are you curious about the value of a used car? Finding the value of a used vehicle is super easy, NADA can give you the answer. In this post, if you have the Vehicle Identification Number (VIN), you can check a used car’s value from NADA in seconds.
How to get NADA car value
NADA Car Value utilizes advanced algorithms and data from various sources to provide reliable and up-to-date vehicle valuations. Their monthly updated reports and years of working in the car industry make the estimations in a fair price range, helping them earn a reputation among dealers and buyers.
Here’s how to get the NADA Car Value by VIN:
1) Visit the official NADA Car Value website.
2) Select the types of vehicles or scroll down to the bottom.
3) Enter the information you have (e.g. VIN number) and your email address.
4) Wait for NADA to send you the email.
Although NADA prices are considered reliable, if you’re in a rush or tend to have more reliable sources to give you an estimation of a vehicle, or more info about the vehicle, you have other options available to dig deeper.
Alternate ways to check car value by VIN
You have to wait for NADA’s reply to get the car value, but there are 3 convenient tools that not only provide a convincing car value but also market trends, vehicle history reports, etc.
1. Find car value with Bumper
Bumper is a great tool to find car value as it is a leading online marketplace for used cars. Utilizing their best-in-class data, they’re able to estimate a market value based on recent sales from the VIN you provide. Bumper offers more than just market value. They look at the model and similar vehicles sold in recent months to estimate the car value you provided, therefore, the price could be more accurate than other tools. What’s more, a Bumper vehicle history report helps you avoid salvage cars, and recalled cars to protect you from fraud and questioning vehicles.
The Bumper membership is only $19.99 per month, and it enables you to run up to 50 reports during the period.
1) Visit the Bumper official website.
2) Enter the car’s VIN and click Search.
3) You can access the report to find out the car’s market value, sales history, and other pertinent information needed to evaluate the vehicle thoroughly.
Option 2 – BeenVerified
Featured by powerful VIN/License plate number lookup tools, BeenVerified is surprisingly useful in checking used car value. You can find in-depth vehicle history reports along with the previous owner’s cost and market value instantly with BeenVerified, which gives you a clearer mind about the used car value. As a dedicated people search engine, you can access extensive public records through one membership which is a great deal to verify both used cars and private car dealers.
1) Go to the BeenVerified VIN search page.
2) Enter a VIN or license plate number and click Search.
3) BeenVerified will generate a detailed report that includes the car’s MSRP (manufacturer’s suggested retail price), the current retail value, and the trade-in price range. It also displays the car’s private and auction listings on Copart and eBay, together with the date, price, and mileage.
Option 3 – EpicVIN
EpicVIN is another well-known NMVTIS-approved data provider and a comprehensive online platform that offers valuable vehicle history reports and VIN decoding services. By utilizing EpicVIN, you can gain insights into a vehicle’s history, including its accident records, title information, mileage, ownership history, and more. EpicVIN doesn’t solely focus on dealer sales, it collects private-party sales across the United States and analyzes the trend to estimate the market value of any vehicle.
1) Go to the EpicVIN official website.
2) Type VIN number and check.
3) You can see the vehicle’s odometer readings, title issues, ownership history, accident history, mileage discrepancies, maintenance records, and any other relevant information that may impact the value or condition of the vehicle.
EpicVIN provides a visualized diagram to show you the car price and how it changes.
Why do you need to check a used car value by VIN?
Running a VIN check for a used car is a crucial step because it gives you insights into the car. You can learn about the vehicle’s history, its market value, previous owner costs, and potential issues.
- Ownership History: VIN checks can reveal the previous owner’s history which may impact a car’s value.
- Accident History: Looking at historical accident records, damage severity and repairs can affect the car’s value and reveal potential future issues.
- Title Issues: VIN checks can uncover problems with the car’s title, such as flood damage, salvage titles, or whether the car has ever been stolen.
- Service and Maintenance Records: Some VIN checks provide information about the car’s maintenance history.
- Recalls and Defects: VIN checks may reveal the vehicle’s recall history and any manufacturer-related defects.
- Mileage Verification: VIN checks may include odometer readings, helping you verify whether the seller is telling the truth about the mileage.
By checking a used car’s value by VIN, whether you’re a potential buyer, a car seller, or a car owner, you can gain a clearer understanding of the vehicle’s background. This allows for informed decisions about its value, reliability, and potential future issues.
FAQ
NADA value only collects information from dealership sales prices, so no private sales prices were included. You can take it as a reference.
It depends. Some banks use NADA guides, some uses Kelly Blue Book. Please consult your intended bank for specific details.
Conclusion
Thanks to NADA Car Value by VIN and other options we’ve mentioned, determining the value of a used car has never been easier or more reliable. Whether you’re buying or selling a vehicle, these tools empower you with accurate and up-to-date information, allowing you to confidently navigate the market. Prices can differ due to location, mileage, trim, and market demand. Still, with the estimated prices given by the NADA Car Value, Bumper, and EpicVIN, you can negotiate with others to make a good deal within a fair price range.
Hope this post will help, if you have other information you want to share or have suggestions, you’re welcome to leave comments below. Happy car hunting!