There are various factors that determine the price of used cars.These can be listed as

1.Market forces in the area/location . To gauge and assess the impact of market forces on the price of your particular used car, you need to visit the used car dealers in the area, evaluate the displayed prices.If you know the dealers on a personal level, you might get to know some insider secrets and hints that influence the price of the car.

2.The condition of your car in terms of engine performance( a test drive by a prospective buyer should not have your car emitting smoke, the silencer making noises,the gauges,AC etc not working etc ), overall appearance,internal tidiness etc.

3.What would be the price you,yourself would have paid for the car?

4.The total mileage on the car.

5.Validity period of the insurance on the car.If a prospective buyer sees that the insurance runs for at least 3-6 monther longer than the date of his intended purchase, it might help in a faster saleability of the car.

5.Check also the market through the internet, the auto magazines etc.

6.Armed thus with accurate information on the condition,saleability and the market forces in your locality, you can fix up a reasonable price for the car.

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