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Car buying glossary · what it means

Trade and retail valuation

Trade value is what a dealer will pay you for a car; retail value is what they will ask a buyer for it.

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What Trade and retail valuation means for you

Trade value is the lower figure, the offer a dealer makes when buying your car or taking it in part exchange. Retail value is the higher figure, the price they expect to ask a private buyer for the same car.

A private sale usually falls between the two. Condition, mileage, service history and MOT record all move a valuation, so check them before agreeing a price. Our Full Check (£9.99) includes a valuation.

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