Different from the standard pricing for new cars, used cars do not actually have a clear sales price. We usually evaluate used cars and get a price. Then the second-hand car assessment is a relatively flexible matter, and various factors need to be taken into account in the assessment. What are the impacts of used car evaluation? Take a look at the specific introduction.
First, the use of vehicles. The use of used cars has a great influence on the price of vehicles. Such as the wear and tear of the vehicle, the use cycle of the components, the time of use of the vehicle, the mileage of the vehicle, whether the vehicle has experienced a collision, and so on. These use cases are counted as depreciation and have a certain impact on the overall evaluation of the vehicle. For example, if a vehicle has been involved in an accident, the degree of damage to the vehicle is relatively large, which has a great impact on prices. The use of the vehicle also includes whether the vehicle has been maintained and repaired, how often it is maintained, etc. This has a great influence on the condition of the vehicle.
Second, the vehicle itself. One of the most basic footholds of used car evaluation is how the vehicle is now, such as whether there is wear and tear on a large area, whether there are parts that need to be replaced, and so on. Like the general merchandise, the vehicle's own situation is a basis for us to make a valuation. If the condition of the vehicle is good then the natural price will be higher, and vice versa the price will be lower. When we do the evaluation of used cars, we must carry out detailed inspections of the vehicles, including the appearance, internal configuration, the vehicle's system, and the key parts of the vehicles. It should be noted that the brand of the vehicle also has a certain influence on the price. Well-known brand vehicles or related models have a certain role in the price increase. Each of these inspections has a direct impact on the evaluation of prices, and these factors are combined to form a comprehensive price assessment.
Third, assess the technical means. The assessment of used cars is not all qualitative analysis, there are some technical means can be quantitative analysis. There are specific formulas for calculating the evaluation price: Valuation price = current market price of new cars × [15% (moving residuals) + 85% (float) × (phased depreciation rate)] + appraisal value. Through this quantitative method, the price of second-hand cars can be more accurately calculated, which is more useful for buyers and sellers.
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