Online car price check a hit

Online car price check a hit

For the next fortnight car owners New Zealand-wide will have the chance to get a free insight into what their car is worth using Price Check, a new service recently launched by Turners Auctions.

Since the service went live in late May, nearly six thousand people have gone online to try it out.

Price Check uses Turners’ sales data for the last 12 months to give an insight into what a car is likely to sell for. To use the service customers simply enter make, model, variant and the kilometres on the clock. Price Check then generates a report showing both a price estimate for the vehicle, and references to recent and similar model sale prices in the last twelve months.

“Research is one of the most important steps when buying or selling a vehicle and Price Check is the first step towards understanding the true market value of your car and what comparable models are fetching in the market,” says Turners Auctions Todd Hunter.

Unlike other online vehicle valuation tools which work on the basis of a depreciation model, Price Check uses actual sales data collated from the previous twelve months of auctions allowing the price estimate to be cross-referenced by at least one comparable sale.

“As the most cost effective price estimate tool in the car market, Price Check provides our customers with a true and current indication of market value,” says Todd.
The service will be free until the 14th of June, after which a Price Check will cost seven dollars.

For your very own Price Check visit www.turners.co.nz/pricecheck

ENDS

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