Is this a good car deal?
Paste in the car you are looking at. In seconds you will see its fair value for that age and mileage, whether the asking price is high or low, and what to offer.
Deal check
Fair price
About what this car is worth. Your savings will come from negotiating fees and financing.
- Asking price
- $19,500
- Estimated fair value
- $19,900
- Below fair value by
- $400 (2%)
- Mileage vs typical 48,000 for a 4-year-old car
- -$750
- Suggested opening offer
- $18,905
Estimate only, based on typical depreciation, mileage and history adjustments. Rare, highly optioned or collectible vehicles can be worth far more.
Let DealHunter get the price down
DealHunter finds cars matching what you want near your ZIP code, then emails dealers to negotiate the out-the-door price for you. You approve every message and the final offer.
How the fair value is worked out
We start from the car's original sticker price and reduce it for each year of age using typical depreciation. Then we adjust for mileage above or below the usual 12,000 miles a year, for reported accidents, for condition and for the number of previous owners. The result is what a car like this normally sells for at retail — the number your offer should be built on.
Frequently asked questions
- How do I know if a used car price is fair?
- Compare the asking price with what the same year, mileage and condition normally sells for. A fair retail price tracks the car's original sticker price reduced for age, then adjusted for mileage above or below about 12,000 miles a year, accident history and the number of previous owners.
- How much does high mileage lower a car's value?
- As a rule of thumb, every 1,000 miles above the average for the car's age takes roughly $60 to $90 off the value on a mainstream vehicle, and low-mileage cars carry a premium for the same reason.
- How much does an accident on the report reduce value?
- A reported minor accident typically costs about 10 percent of value, and a major or structural accident 20 percent or more, because it follows the car to every future sale.
- How far below asking price should I offer?
- Base the offer on the fair value, not the sticker. If a car is priced above fair value, open below fair value and negotiate the out-the-door total, not the monthly payment.