What is market value of car in Australia depends on make, model, year, km, condition, with average car $10K to $30K market value, with 2018 Toyota Corolla $18K, 2020 Mazda 3 $22K, 2015 Holden Commodore $15K, based on RedBook and Carsales. Market value is what car would sell for privately just before loss, based on comparable sales, condition and demand, used by insurers for market value policy. To find market value of your car, check RedBook.com.au free valuation entering make, model, year, km, condition, with market value $18K for 2018 Toyota Corolla 100K km private $18K, trade-in $15K. Check Carsales instant valuation free, with private $17K to $19K, trade-in $15K. Check Glass's Guide via NRMA. For example, 2018 Toyota Corolla Ascent 100K km good condition market value $18K private, $15K trade-in, 2020 Mazda 3 $22K private, $19K trade-in, 2015 Holden Commodore $15K private, $12K trade-in. Factors include km, condition, service history and rego length, with low km 50K $2K more than high km 150K, and 12 months rego $500 more than 1 month. So market value of car in Australia $10K to $30K average, with 2018 Corolla $18K, 2020 Mazda 3 $22K, check via RedBook, Carsales and Glass's Guide free valuation, with private sale $2K to $3K more than trade-in.
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