If you’re planning to upgrade your vehicle or just want to understand what your current car is worth, it’s important to know what factors impact its resale value. Whether you’re looking to sell my car quickly or maximise the return on your investment, several key elements determine how much your car is worth in today’s market.
1. Age and Kilometres Travelled
This one’s simple — the older your car, and the more kilometres it has on the odometer, the lower its resale value tends to be. Buyers often associate age and high mileage with wear and tear, potential mechanical issues, and reduced reliability. Tip: Keep your servicing up to date and drive responsibly to help minimise unnecessary depreciation.
2. Service History and Condition
A complete, up-to-date logbook shows buyers (and car buying services like Cars4Us) that your vehicle has been well looked after. A clean, tidy car — inside and out — also adds to its perceived value. Tip: Fix minor cosmetic damage before selling. A small investment in detailing can often result in a higher return.
3. Make, Model, and Reputation
Some brands hold their value better than others. Vehicles known for reliability (like Toyota, Mazda, and Honda) generally enjoy stronger resale performance. Certain models also have a loyal following, which can drive up demand in the second-hand market.
4. Fuel Type and Efficiency
With rising fuel prices and growing environmental awareness, fuel efficiency is a major selling point. Cars with low consumption — or hybrid and electric models — are becoming more attractive, helping them retain value for longer.
5. Market Trends and Timing
Just like property or shares, the used car market moves with supply and demand. Economic factors, fuel prices, and seasonal changes can all affect your car’s value. For example, 4WDs and utes often fetch higher prices during camping season or in regional areas, while compact hatchbacks are always in demand with urban drivers. Tip: If you’re thinking, “Should I sell my car now or wait?”, consider market conditions — or speak to a valuation expert for personalised advice.
6. Colour and Customisations
Believe it or not, car colour can make a difference. Popular colours like white, silver, grey, and black tend to have broader appeal, making them easier to resell. Overly unique colours or heavy aftermarket modifications (like oversized rims or body kits) may actually reduce value by narrowing the buyer pool.
Looking to Sell Your Car?
At Cars4Us, we take the stress out of selling. Whether your car is nearly new or has a few years under the belt, our team offers fast valuations, instant payments, and nationwide service. No tyre kickers, no hidden fees — just a simple, secure process.
Ready to get started? Visit Cars4us to get a free quote and find out what your car is worth today.