How much is my car worth?

Find out what your car is worth in under 60 seconds!

Having an accurate estimate of your car’s value is extremely important, not only so you can get a fair price when it comes time to sell, but also for simple tasks such as renewing car insurance policies. By using our simple guide or our online car value calculator, you can quickly and easily work out what your vehicle is worth.

how much is my car worth

What's my car worth?

Calculating what your car is worth requires a knowledge of the car’s history and condition, as well as current market value. However, a good starting point is to roughly calculate the value of a car based on its age and category.

Use the chart below to find the projected value of each category of car year by year. Please note, this chart assumes the listed vehicles are in mint condition and have not exceeded the average annual UK mileage for each of their respective categories.

Sector1 Year2 Year3 Year4 Year5 Year6 Year7 Year8 Year9 Year10 Year+10 YearAverage Price
4x4 £30,281 £26,307 £19,713 £16,617 £14,111 £12,756 £10,731 £8,857 £6,578 £5,450 £2,680 £10,635
City Car £5,290 £4,966 £4,126 £3,372 £2,972 £2,546 £2,060 £1,659 £1,413 £1,033 £554 £1,868
Convertible £24,550 £20,084 £17,711 £15,714 £12,938 £11,515 £9,500 £8,206 £6,259 £5,427 £3,046 £6,559
Executive £23,802 £21,780 £18,386 £15,524 £12,811 £11,063 £9,314 £7,484 £5,573 £4,536 £2,008 £8,225
Lower Medium £16,331 £13,346 £10,955 £8,444 £6,677 £5,454 £4,413 £3,358 £2,555 £1,919 £773 £3,532
Mini MPV £7,586 £6,848 £6,655 £8,367 £6,681 £4,416 £3,489 £2,352 £1,771 £1,197 £445 £2,415
MPV £10,455 £9,595 £9,774 £8,105 £7,007 £6,374 £5,040 £3,242 £2,465 £1,676 £734 £3,424
Small Executive £20,223 £16,723 £13,649 £11,649 £10,332 £8,391 £6,709 £5,598 £4,675 £3,539 £1,306 £5,167
Sports £30,893 £28,761 £26,086 £19,894 £15,233 £13,856 £13,156 £12,453 £9,588 £9,957 £5,944 £11,050
Supercar £132,490 £112,840 £108,873 £96,717 £80,629 £75,635 £64,281 £54,586 £49,297 £43,633 £41,386 £61,493
Supermini £9,346 £8,004 £6,398 £5,491 £4,560 £3,913 £3,255 £2,467 £1,933 £1,334 £517 £2,643
Upper Medium £14,507 £13,443 £11,384 £9,084 £6,805 £4,894 £3,819 £2,879 £2,064 £1,386 £559 £3,507
Average Price £20,495 £16,750 £12,487 £10,222 £8,242 £6,939 £5,739 £4,498 £3,495 £2,822 £1,388 £4,952

As you can see, the rate of age depreciation can have a large baring on how much a car is worth. Typically, a car can lose between 15-35% of its value in its first year, and in some cases up to 50% over its first three years based on its age alone.

However, there are many more factors than just age to consider when valuing a car.

Helping you get the best price for your car

Factors which influence car value

Mileage

The number of miles a car has done over the years can have a substantial effect on the ultimate value of the vehicle, particularly if it has done significantly more or less miles than the projected annual average for its category.

While the estimated annual UK average changes between vehicle type, the rules for each remain the same: if a car has greatly exceeded the UK average, it will often be worth less, and if it is greatly under the UK average, it will often be worth more.

The estimated annual mileage in the UK for some of the most common vehicle categories are as follows:

CategoryAvg Annual Mileage
4x4 9,419
City Car 6,331
Convertible 7,264
Executive 11,138
Lower Medium 9,450
Mini MPV 7,751
MPV 9,613
Small Executive 10,542
Sports 8,053
Supercar 6,028
Supermini 7,464
Upper Medium 11,830
Average Mileage 8,994

Condition

The physical condition of a car also effects how much it is worth at resale. Again, a car in mint condition will require no cosmetic or mechanical repairs and therefore will have no value deducted in this category. However, should the vehicle have sustained physical or mechanical damage, repairing these issues will incur a cost to the new owner, and therefore the cost of these repairs will often be removed from the overall value of the car.

Vehicles that have been involved in collisions but have been repaired are often marked as ‘Category C’ or ‘Category D’, a system created by insurance companies to define the severity of the damage in relation to the market value of the car. Vehicles that have been put into one of these categories are likely to fetch a lower price at resale, due to the added risk of driving a car involved in a more substantial collision.

As the range of damage that can occur to a vehicle is so wide and varied, it’s almost impossible to set a rule of thumb that you can use to calculate value. For an accurate valuation in this instance, use our valuation calculator and be sure to add as much extra details on damage to the vehicle as possible.

Service history

The amount of service history a vehicle has also plays a large part when it comes to calculating what a car is worth.

Service history gives the buyer an idea of how well the car has been looked after in the past, as well as details on any previous issues the vehicle may have had. The less service history the car has at resale, the less the buyer knows about the car’s past, and the more of a risk the sale becomes.

To ensure you get the best possible price and don’t lose any value here, hold on to all service and MOT documentation, ready to be retrieved when it comes time to sell. It’s also worth noting that many buyers now also take a full ‘approved’ service history into account, paying extra for vehicles that have a full record of services from approved manufacturer garages, and less for cars that do not.

Previous owners

Another factor to consider when working out how much your car is worth is the number of previous owners the vehicle has had. Generally, the more owners a car has had the less it will be worth, however by how much is disputable, and often varies from model to model. The number of previous owners a car has had can be found in the vehicle’s logbook or V5C registration.

Be sure to note that the number of previous owners you should list does not include the current owner of the car; for example, if you bought a car as new the number of previous owners would be ‘0’. Our online car value calculator also offers an option for those who don’t know how many previous owners their vehicle has had.

Warranty

If your car is still relatively new, there’s a good chance it will have a remaining manufacturer’s warranty, which can actually increase the value of the vehicle.

It’s not uncommon for most manufacturers to now offer a standard 3-year warranty on new cars, however to drive up sales and interest in certain models, some manufacturers offer an extended warranty, in some cases as long as 7 years. Be sure to check how much remaining warranty your car has, the longer it has remaining, the more value it could ultimately add!

Be sure to note that the number of previous owners you should list does not include the current owner of the car; for example, if you bought a car as new the number of previous owners would be ‘0’.

Economy

Fuel economy has become increasingly important to buyers over the past decade, with fuel costs steadily increasing and new charges and levies being introduced by the government for gas guzzling vehicles in congested areas, it’s quickly becoming too expensive to drive a car that isn’t economic.

This is only set to get worse for diesel drivers too, with higher taxes and surcharges set to be introduced for diesel cars. All of this is likely to have an impact on the desirability of these vehicles, which will likely negatively impact the value of the car at resale.

If you own an economic petrol car that gets a great number of miles to the gallon, chances are your vehicle won’t lose value when it comes to fuel economy and extra costs. However, if you own a diesel car or a vehicle that is uneconomic with fuel, you may want to consider selling before the new charges are introduced and the buyer’s interest is lost completely.

Helping you get the best price for your car

Factors which influence car value

  • The number of miles a car has done over the years can have a substantial effect on the ultimate value of the vehicle, particularly if it has done significantly more or less miles than the projected annual average for its category.

    While the estimated annual UK average changes between vehicle type, the rules for each remain the same: if a car has greatly exceeded the UK average, it will often be worth less, and if it is greatly under the UK average, it will often be worth more.

    The estimated annual mileage in the UK for some of the most common vehicle categories are as follows:

    CategoryAvg Annual Mileage
    4x4 9,419
    City Car 6,331
    Convertible 7,264
    Executive 11,138
    Lower Medium 9,450
    Mini MPV 7,751
    MPV 9,613
    Small Executive 10,542
    Sports 8,053
    Supercar 6,028
    Supermini 7,464
    Upper Medium 11,830
    Average Mileage 8,994
  • The physical condition of a car also effects how much it is worth at resale. Again, a car in mint condition will require no cosmetic or mechanical repairs and therefore will have no value deducted in this category. However, should the vehicle have sustained physical or mechanical damage, repairing these issues will incur a cost to the new owner, and therefore the cost of these repairs will often be removed from the overall value of the car.

    Vehicles that have been involved in collisions but have been repaired are often marked as ‘Category C’ or ‘Category D’, a system created by insurance companies to define the severity of the damage in relation to the market value of the car. Vehicles that have been put into one of these categories are likely to fetch a lower price at resale, due to the added risk of driving a car involved in a more substantial collision.

    As the range of damage that can occur to a vehicle is so wide and varied, it’s almost impossible to set a rule of thumb that you can use to calculate value. For an accurate valuation in this instance, use our valuation calculator and be sure to add as much extra details on damage to the vehicle as possible.

  • The amount of service history a vehicle has also plays a large part when it comes to calculating what a car is worth.

    Service history gives the buyer an idea of how well the car has been looked after in the past, as well as details on any previous issues the vehicle may have had. The less service history the car has at resale, the less the buyer knows about the car’s past, and the more of a risk the sale becomes.

    To ensure you get the best possible price and don’t lose any value here, hold on to all service and MOT documentation, ready to be retrieved when it comes time to sell. It’s also worth noting that many buyers now also take a full ‘approved’ service history into account, paying extra for vehicles that have a full record of services from approved manufacturer garages, and less for cars that do not.

  • Another factor to consider when working out how much your car is worth is the number of previous owners the vehicle has had. Generally, the more owners a car has had the less it will be worth, however by how much is disputable, and often varies from model to model. The number of previous owners a car has had can be found in the vehicle’s logbook or V5C registration.

    Be sure to note that the number of previous owners you should list does not include the current owner of the car; for example, if you bought a car as new the number of previous owners would be ‘0’. Our online car value calculator also offers an option for those who don’t know how many previous owners their vehicle has had.

  • If your car is still relatively new, there’s a good chance it will have a remaining manufacturer’s warranty, which can actually increase the value of the vehicle.

    It’s not uncommon for most manufacturers to now offer a standard 3-year warranty on new cars, however to drive up sales and interest in certain models, some manufacturers offer an extended warranty, in some cases as long as 7 years. Be sure to check how much remaining warranty your car has, the longer it has remaining, the more value it could ultimately add!

    Be sure to note that the number of previous owners you should list does not include the current owner of the car; for example, if you bought a car as new the number of previous owners would be ‘0’.

  • Fuel economy has become increasingly important to buyers over the past decade, with fuel costs steadily increasing and new charges and levies being introduced by the government for gas guzzling vehicles in congested areas, it’s quickly becoming too expensive to drive a car that isn’t economic.

    This is only set to get worse for diesel drivers too, with higher taxes and surcharges set to be introduced for diesel cars. All of this is likely to have an impact on the desirability of these vehicles, which will likely negatively impact the value of the car at resale.

    If you own an economic petrol car that gets a great number of miles to the gallon, chances are your vehicle won’t lose value when it comes to fuel economy and extra costs. However, if you own a diesel car or a vehicle that is uneconomic with fuel, you may want to consider selling before the new charges are introduced and the buyer’s interest is lost completely.

Find Out How Much Your Car Is Worth in Under 60 Seconds!

While the guide above can help you refine the value of your car and get a rough idea of how much your vehicle is worth, we have a much more convenient and accurate tool that you can use to get a free car valuation in under 60 seconds.

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