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Is it possible to find the value of a car

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Old Jan 10, 2007 | 06:22 AM
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Chiung's Avatar
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From: veritas caput
Default Is it possible to find the value of a car

I checked Edmunds and KBB but didn't see an archive that shows the values of cars in the past.

I'd like to compare the values, back in June 2004, of a 1996 Infiniti Q45t and a 2001 Dodge Durango Sport. Any way that I can find this info out?

Thanks
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Old Jan 10, 2007 | 06:31 AM
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Take the current price of the car, subtract it from the original price of the car, and divide the difference by the number of years old it is? Its basic, but it should give you the average depreciation per year, which you can subtract from the original value to seehow it drops yearly.
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Old Jan 10, 2007 | 07:35 AM
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Originally Posted by Saki GT,Jan 10 2007, 07:31 AM
Take the current price of the car, subtract it from the original price of the car, and divide the difference by the number of years old it is? Its basic, but it should give you the average depreciation per year, which you can subtract from the original value to seehow it drops yearly.
that wouldn't necessarily be accurate. IMO.
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Old Jan 10, 2007 | 10:18 AM
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Probably the best way is to get the value of a 1998 Q45t and a 2003 Durango (right now). In other words, add two years to BOTH of them and that should give you what their value was two years ago.
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