From there, knowing what similar cars have sold for in your area, and the average selling price, can be a valuable asset when calculating depreciation on your vehicle. For instance, thewill give you this information so that you can track your value with greater confidence.
Events from the vehicle’s past can impact how much it has depreciated, but providing this information will give you the chance to explain any yellow-flags from the history and show that previous damage has been repaired.
This article was provided by CARFAX Canada; the country’s definitive source of automotive information, delivering vehicle history and valuation.
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