Used Car Valuation

How to use it

1. Choose the make and model, then enter the year, kilometres, fuel, gearbox and number of owners.
2. Pick the condition that honestly describes the car. This is your judgement; the tool cannot see the car.
3. Choose where the car is, if you want to compare only with cars in that area.
4. Read the range and look at the comparable cars it is based on. Open any of them to see the full listing.

How it works

The tool looks at cars of the same make and model that are listed on Rathika right now, within two years of yours. It scores each one by how close it is to your car (year, kilometres, owners, fuel and gearbox) and keeps the ten closest. The indicative market value is the middle of their asking prices, giving closer cars more weight. The negotiation range is the middle half of those asking prices. The condition you choose places your car within that range. Nothing is estimated by a language model, and with fewer than three comparable cars the tool says it cannot give a number.

A worked example

Suppose five similar cars are listed at ₹4.00, 4.20, 4.40, 4.60 and 4.80 lakh. The middle half runs from ₹4.20 to ₹4.60 lakh, so that is the negotiation range. A car in good condition sits at the middle of the range, about ₹4.40 lakh; an excellent one higher; a poor one lower. These figures are illustrative: your result uses the real listings of the day.

What it assumes

• Asking prices are what sellers hope to get. Cars usually sell for somewhat less.
• Condition's effect is a stated judgement, not a measured one: it moves your car within the range of similar listings.
• Insurance status, accident history and missing papers are not priced in; they can lower what a buyer will pay.
• Only cars listed on Rathika are counted. A thin market means a thin result, and then there is no result.

These are estimates to help you plan. They are not a guarantee, a loan or insurance offer, or financial advice. Confirm important figures with the seller, lender or insurer.