Stay Up to Speed with Your Car’s Value
Always know your vehicle's value
Real insights, delivered
Get a personalized value monthly to stay informed on how your value changes. 100% free - no purchase or sale necessary.
You're in control
Access key information about your vehicle’s value, market trends and competitive data, empowering you to make informed decisions.
Powered by data
Carvana’s proprietary techno wizardry scans millions of automotive transactions and evolving market conditions to get you a real value.
Take control of vehicle ownership
Knowing your vehicle's value gives you the power to make informed financial decisions with regards to:
Buying and selling vehicles
See how your value compares to similar vehicles
- License plate number or vehicle identification number (VIN)
- Overall condition
- Better decision making: When you have a clear understanding of your car’s value, you can make better decisions about whether to sell, trade in or keep it. For example, if your car is worth more than you owe on your loan, you may consider selling it and using the funds to pay off the loan or upgrade your vehicle.
- Negotiating power: If you plan to sell or trade-in your car, having a realistic understanding of its value gives you negotiating power with potential buyers or dealerships.
- Insurance savings: Car insurance premiums are often based on the value of the car. By tracking the value of your car, you can ensure that you are not overpaying for coverage.
- Maintenance planning: The value of a car can be affected by its condition and maintenance history. By tracking the value of your car, you can make informed decisions about when to invest in maintenance or repairs to ensure that it retains its value over time.
- Market demand: The demand for specific car models, makes and features can vary over time. Popular models with high demand tend to hold their value better, while less desirable or outdated models may experience quicker depreciation.
- Age and mileage: Generally, cars depreciate as they age and accumulate more mileage.
- Economic factors: Economic conditions, including interest rates, inflation and overall consumer spending power, can impact car values. During times of economic downturns, car values may decline due to reduced purchasing power and decreased demand.
- Seasonal trends: Car values can fluctuate seasonally, with peak demand mainly in the spring or fall, and lowest demand in the winter months.
- Carvana demand: Vehicle values are generated using our Carvana Pricing Algorithm which also looks at recent demand for certain vehicles on the Carvana website.