Used car prices soared gradually since the start of the initial lockdown, back in March. Early reports hinted at a lack of demand because most people had to remain in their homes. However, the used car market dealers soon started reporting a surge in sales.
Whether you are a car buyer or seller, identifying its true value gives you a massive advantage in the buying/selling process. While you may know the factors that affect the value of a vehicle, you might not be able to guess its exact value until you do some market search. A free car valuation tool is an excellent start to determine the worth of your car, but you should know its limitations.