The value of a car drops right from the moment it is bought and the depreciation continues with each passing year. The make and model of a car, total kilometres driven, overall condition of the vehicle and various other factors further affect the car’s resale value. MyCarculator is a tool that takes all such variables into consideration to identify the current value of your car or if the price quoted on a used car of your choice is fair.
It is simple and takes only a few seconds. You follow the process by filling your car’s details like Make, Model, Year of registration, Mileage... The MyCarculator tool will calculate the estimated value of the car.
Year, make and model. Say you have a 2015 Nissan Sentra SL. “Sentra” is the model, and “SL” is the trim level. To find your trim level, look on the Horsepower of the car
The Valuation Quality Index Rating (VQIR) offers an overall score based on the frequency of recent vehicles data and vehicle age at the time of trade-in. It is a weighted average indicating the overall long-term reliability for the estimated valuation of the vehicle model.
|91% - 95%||highly reliable estimated valuation|
|81% - 90%||averagely reliable estimated valuation|
|75% - 80%||moderately reliable estimated valuation|
Mycarculator is a payable service. You will have the choice between four packages: Basic, Pro and Premium.
These fators listed below are not necessarily factored in MyCarculator and may influence the value of your car. For these, you might want to add a premium to the valuation of your car.
Any optional extras that make a car stand out, for example a rear-facing camera to help with parking or an in-built sat nav, multimedia system and leather seats, should have a positive effect on the selling price.
Some colours are more popular than others, so a car in a sought-after colour can be worth more.
Our car values are based on the car being in a good condition – so it could have some minor wear and tear like small stains or scratches. If a car has no damage at all and is in an excellent condition, the selling price could command a premium over the valuation.
Full service history
A car with a complete record of all servicings can be worth more than one that has some gaps in the service history.
Vehicule under guarantee or under a maintenance contract with the agency
More the kilometres on a car, the lower its overall trade-in value. In Mauritius, the average car travels 20,000km per year. In general, a car that has clocked fewer kilometres on the odometer will reach a higher value. A car’s value also depends on other factors like its overall condition, the number of owners, location, service history, desirability and others.
MyCarculator is based on MyCar’s proprietary algorithm that uses data science to overlay years of used car transactions data points to predict accurate market value of your car. Rest assured, the Car Valuation tool arrives at a car’s value by purely factoring in variables like model of a car, total kilometres driven, overall condition of the vehicle and others. Dial in the fact that it’s updated in real time with current market trends and developments and you have an unbiased valuation of your car.
If you overprice your car, your insurance premium will also be overpriced. If you underprice your car, you will receive a lower claim payout under your insurance policy for a total loss event such as major accident or car theft.
When it comes to used cars, there is an infinite number of possible cases. MyCarculator factors in various criteria affecting a car’s value, it is data based and provides an accurate value of your car compared to researching on a personal level. It allows sellers and buyers to enter into a negociation with a baseline value and facilitates the process towards a fair deal.
MyCarculator’s algorithm is updated every week and is synchronised with the latest market data.
MyCar.mu is a platform with exhaustive information about all new and used vehicles for sale, and associated products and services. In a few clicks, you will be able to put your vehicle for sale, and to access a large catalogue of cars, vans, buses, trucks, motorbikes, forklift, tyres, boats and boat engines with pictures, details, prices, leasing and insurance facilities.
MyCar.mu is the most visited website in Mauritius for vehicle transactions and the leader in its field.
Just like the valuation process, you can sell your car on www.mycar.mu as well in a few simple steps. Just fill in a few details of your car and the rest will be taken care of by our team. It is highly recommended that you upload your car’s photos for a more attractive add and quicker responses from potential buyers.