INDEPENDENT NEWS

Get A Valuation Before You Do A Deal

Published: Tue 30 Sep 2003 11:59 AM
Get A Valuation Before You Do A Deal
Red Book - At this time of year, many of us think of changing over our cars. We do the rounds of the used car dealers, we get a trade-in quotation for our old vehicle and we do the sums to see if we can afford to upgrade.
But are we sure about that trade-in valuation?
Car sellers (and car buyers) can now get an accurate assessment of a vehicle’s value on-line – with a printed valuation certificate – from the people who have been researching the market for fifty years … The Red Book.
Accessed through the website – www.redbook.co.nz - the vehicle valuation service allows the user to adjust the price of the vehicle by its condition and kilometres travelled.
When the user has provided this information, and paid the fee by credit card, Red Book emails the valuation certificate direct to the user – at any time of day or night, seven days a week.
The cost is a moderate $10 plus GST - $11.25 in all.
Red Book’s Betsy Whitehead who manages the service says “ we have introduced the facility as a service to our many website users who have indicated that they want a more personalised valuation for the vehicles they intend to sell or buy. We would expect sellers to use the valuation certificate as a substantiation of the price they are asking and buyers to use it as a check on the price being asked. Car dealers are using it as a means of arriving at an agreed trade-in price with their clients”.
Red Book’s web site – www.redbook.co.nz - enjoys regularly heavy traffic and users stay on the site for an average of thirteen minutes.

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