The Market Value Approach. The true value of used cars is actually their market value. This figure is nothing more than the average or retail value and trade-in value. For instance, if the retail value of a car is $7000 and the trade-in value is $5000, then the market value-based approach places the value of the used car at $6000 (7000+5000/2).Which car is the best value?
Once again, the Jeep Wrangler Unlimited tops the list of cars that best hold their value. The four-door version of the off-roader offers easier rear-row access and a smoother ride thanks to that extended wheelbase. It might shed slightly more value than it did in 2019-up 0.9 percent-but it's not enough to lose the crown.What are true car values?
It is the 'value' that the buyer is willing to pay for an item especially a second-hand or used vehicle; usually "true value'' is a fixed price tag on any used vehicle after assessing it's value based on it's condition and usage.