Introduction
If you want to sell your car, trade it in, or buy a used one, you need to know what it's worth. This free used car value calculator gives you a fast estimate based on the details that matter most: the year, make, model, mileage, condition, and your local market. You'll get three prices — what a private buyer would pay, what a dealer would offer as a trade-in, and what a dealer would charge on their lot.
Cars lose value over time. This is called depreciation, and it's the biggest factor in what a used car is worth. A brand-new car can lose 14% or more of its value in just the first year. After five years, many cars are worth less than half of their original price. High mileage, wear and tear, and accident history push the value down even more. You can explore year-by-year value drops in detail with our car depreciation calculator.
Enter your vehicle's information below to see where your car stands. The calculator shows a step-by-step breakdown of how it reached each number, so you can understand exactly what drives your car's value up or down.
How to Use Our Used Car Value Calculator
Enter your car's details below to get an estimated value. You will see three prices: what a private buyer might pay, what a dealer might offer as a trade-in, and what a dealer might list it for on their lot.
Choose how to find your car. You can search by VIN, license plate, or pick the year, make, and model yourself. If you use a VIN, type all 17 characters. If you use a plate, also pick the state it is registered in.
Enter your year, make, model, and trim. If you did not use a VIN or plate, pick the year first. Then choose the make, model, and trim from the dropdown menus. Each one unlocks after you fill in the one before it.
Enter your current mileage. Type the number shown on your odometer. This helps adjust the value based on how much the car has been driven. If you need to figure out how many miles you drive each year, try our mileage calculator.
Enter your ZIP code. Type your 5-digit ZIP code so the calculator can show prices for your local area.
Check the "I own this car" box. Turn this on if you own the car and want to sell it. Turn it off if you are a buyer looking at a car to purchase.
Pick your vehicle's condition. Choose Excellent, Good, Fair, or Poor. Click "What does this mean?" if you need help deciding. Be honest — this has a big effect on the price.
Pick your exterior color. Choose the color that matches your car. Common colors like white, black, and silver tend to hold value a bit better.
Add optional features. Click "Add optional features" to open the list. Check any extras your car has, like a sunroof, leather seats, or all-wheel drive. These can raise your car's value.
Click "Get My Car's Value." The calculator will show your estimated private party, trade-in, and dealer retail prices along with charts, a confidence score, and a step-by-step breakdown of how the value was found.
How Much Is a Used Car Worth?
A used car loses value the moment it leaves the dealer lot. This drop in price is called depreciation. On average, a new car loses about 14% of its value each year. After five years, most cars are worth less than half of what they cost when new. Some brands hold their value better than others. Trucks and SUVs tend to keep more value than sedans. To see how depreciation affects any vehicle over its full lifespan, use our car depreciation calculator. You can also calculate the percentage decrease between the original price and the current value to see the total loss.
Several things affect how much a used car is worth. The year, make, model, and trim set the starting point. A higher trim level means more features, which adds to the price. Mileage matters a lot — cars driven more than about 12,000 miles per year are worth less than average, while low-mileage cars are worth more. The condition of the car plays a big role too. A car with no dents, clean seats, and no mechanical problems will sell for more than one that needs repairs.
Exterior color can slightly change a car's value. Neutral colors like white, black, and silver are the most popular and tend to sell faster. Where you live also matters. Car prices shift from region to region based on local demand and supply.
There are three main ways to think about a used car's price. Private party value is what you could get by selling directly to another person. Trade-in value is what a dealer would offer you when you trade your car in for a different one — this is usually the lowest number. Dealer retail value is what a dealer would charge a buyer on their lot — this is usually the highest number. The gap between trade-in and retail is how dealers make their profit. If you're considering leasing your next vehicle instead of buying, our lease calculator can help you compare monthly costs.
A car's accident history can also lower its value. Even if repairs were done well, a reported accident can reduce the price by around 5% to 15%. Optional features like leather seats, a sunroof, or all-wheel drive can add value, but they don't hold their full original cost over time. These extras depreciate along with the rest of the car. Once you know what your car is worth, you can plan your next step — use our used car loan calculator to estimate monthly payments on your next purchase, our auto loan calculator to compare financing options, or our car insurance calculator to estimate coverage costs. If you already have a loan on your current vehicle, our auto loan payoff calculator can show you how much you still owe. And if you want to understand the ongoing costs of ownership, tools like the fuel cost calculator and gas mileage calculator can help you budget for what you'll spend at the pump.