The Car Book

Product Information

We get asked lots of questions about car valuations and how they work for you. Below, you can read our Frequently Asked Questions (FAQs), which should tell you everything you need to know about our car valuations. Q: Trust: Why should I value my car with Parkers? A: Category C – Now ‘CAT S’ (Structural). An extensively damaged vehicle which the insurer has decided not to repair, but which could be repaired and returned to the road. The DVLA will require confirmation that the vehicle is now roadworthy and repairs carried out to a minimum standard. There is a certain amount of paperwork involved and a VIC Inspection and ‘Vehicle Identity Form’ must be completed. Normally we allow about 50-60% of the original option value after the first year. However, after five years the value of options is reduced to around 20-25% and at around 7 years, options add little or no value to the vehicle [ but can make it easier to sell]. At Parkers, our car valuation guide only lists the options that do increase a car’s value – helping you to calculate a more realistic price. Remember that mileage and [some] options can make a significant difference to how much your car is worth – sometimes adding hundreds or even thousands of pounds to a value, so it can pay to get a fully adjusted car valuation. Q: I have a classic car – can you provide a valuation?

Sorry, we have no data on the valuation of caravans or motorhomes. Q: How does mileage affect a car’s value? A: Used pricing is updated monthly which normally happens during the first week of the month. Q: When I value my car, what is included in the report?A: We used to offer historic valuation data many years ago but as the uptake was very small, this was discontinued in 2011 Q: How much can options affect your valuation? When it comes to damage, because the amount of variables is so great, there is no fixed pricing structure or formula. For example, a car with panel damage, kerbed alloys etc will fall into the ‘Private Poor’ category. A car which has only minor damage [failed electric windows is a good example] should obtain a pricing level just below ‘Private Good’. Normally, a price somewhere in the middle ground between ‘Private Good’ and ‘Private Poor’ will be a good indication but ultimately, it’s down to the amount of damage or the amount of non-working items the car has. One of the most commonly asked questions by car buyers in the UK is ‘how much is my car worth?’ Here you will be able to find that out using industry-trusted pricing data.

A: Absolutely, yes. We’re more than happy to assist with any questions you have regarding the valuation of your vehicle although we don’t offer a one-to-one telephone support service.

My Buses

Fast and easy ✅ Negotiate with confidence ✅ Peace of mind How can a Parkers car valuation help you? A: Unfortunately, not. We perform many 1000s of valuations every day and it would be impractical to save each one of them. If you obtain a valuation, save the data on your own device so you can access it at a later date if need be. Q: Does Parkers still publish the monthly car price guide or Parkers Plus? A: Parkers has been valuing cars since 1972 and has helped thousands of buyers since then. Originally our valuations were delivered via the famous Used Car Price Guide, and now exclusively online. We work with leading valuations and automotive experts Cap HPI, and monitor around 1,500,000 used car sales every year (more than 4,100 per day!), and our number one aim is to help you get the fairest possible price for your car, by reflecting all of those transactions. With all that behind us, we’re confident we can answer your question: ‘what is my car worth?’ Q: How can I ‘Log-on’ to get a mileage adjusted valuation?