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Pricing: This gives you an estimate of the fair value of the vehicle based on the local market. Selling history: You’ll get records of when the car was previously sold.
A vehicle could suffer major damage after a MOT has been carried out, but the certificate would still be valid, and obtaining a new one is not required by law (some insurance companies may require a new test, but this is their practice, not law). However, driving a vehicle which is in a dangerous condition on a public road is always illegal ...
Certified pre-owned value: A certified pre-owned value is the value of a vehicle that has been inspected by third-party inspectors. Vehicles backed by certified pre-owned factors include a factory ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
The National Motor Vehicle Title Information System (NMVTIS) is an electronic system that gives valuable information about a vehicle's condition and history. NMVTIS allows consumers to find vehicle information such as title data, most recent odometer reading, history of make and model, and theft records, [1] but not maintenance or repair history or information about manufacturer recalls. [2]
Calculating the value of a classic car can be tricky because the actual cash value doesn’t reflect what it’s worth in the market. Classic car buyers look at the make and model, condition, and ...