Buying guide

Using the car valuation tool to get a good deal

When you’re in the market for a car, it helps to focus your search around budget and current market value.

When you’re in the market for a car, it helps to focus your search by grasping two key bits of information – your budget , and an understanding of the current market value for the car type you’re after.

First off, check out this handy set of tips for figuring out your car buying budget and try our valuation tool to help learn what you should expect to pay for your preferred choice of car.

Using the car price guide

Start by heading over to the valuation tool on Trade Me. Hint – you'll see the "Value my car" button at the top of your page.

From here, all you need to do is enter the number plate of the car you're interested in valuing. If you know it, you can also enter an odometer reading to get a more tailored valuation.

Our tool works by taking information from a variety of sources, and working out a price based on your car's model. Once you hit "value this car", you'll see three prices. One for the lowest priced similar car, another for the mid valued, and a final number for the highest valued listing for a car of this type. You can then compare these three amounts and view currently listed vehicles to help manage your budget expectations.

The power of information

Using this fast and easy tool will give you valuable information to make sure you get a good deal on your next car! Also, if you already own a car and are planning to sell it, you can use the price guide to work out what it might be worth.

Another important thing to consider as part of your car buying journey is the potential ongoing costs for owning a particular type of car. Fear not, we have some top tips for working out the likely ongoing costs for your next car.