No, RedBook provides a market value of a vehicle, based on the make, model and age of a car, tailored to its kilometres, the condition it is in and any options it may have fitted. Redbook researches and analyses the market based on hundreds of thousands of data points, including sales transactions and advertised prices.
No, it is generally easy and inexpensive for vehicles to be moved from one location to another. It is rare that we see any major differences between geographic locations.
A trade-in value quoted on RedBook indicates the price range you could reasonably expect from a professional vehicle dealer as a trade-in offer for your vehicle.
A private sale value quoted on RedBook indicates the range you can expect to achieve, or pay, for a vehicle being sold privately (not through a dealer). Private sale prices are typically lower than dealer prices. Dealers will often bring cars up to a marketable standard, both mechanically and aesthetically, as well as provide warranty coverage post-sale. These inclusions are not generally provided by private sellers.
Yes, the condition of your car compared with its age can impact its market value. A RedBook Valuation Report offers you a tailored market value valuation based on the condition of your car. It also takes into account any options which have been fitted and the kilometres travelled.
To decide what condition your car is in when purchasing a RedBook Valuation report, use the following guidelines:
As New - Showroom condition, no money to spend
Very Good - Very well maintained, full service history
Good - Minimal signs of wear and tear
Average - Reasonably well maintained, mechanically sound, only a few paint and panel blemishes
Fair - Minor mechanical repairs needed, minor body damage e.g. scratches or dents
Poor - Major mechanical repairs needed, dents, damage and rust may be evident
Yes, industry and government departments recognise RedBook as a leading provider of independent specification and pricing valuation services.