There comes a time in the life of every luxury car owner when everything comes down to one question: What is my vehicle worth? If you don’t know how to establish the fair market value of your car, you might price it so high that it takes months to sell. Even worse, you might price it too low and never know how much more you could have gotten.

On one hand, the answer is ridiculously simple—your vehicle is worth whatever someone will be willing to pay, as long as no hypnotism or threats are involved. On the other hand, the true market value has so many variables that you could go on researching forever. Are dealers saturated with your model? Are gas prices prohibitively high? Did a celebrity just get photographed in the same model? How important is it for you to sell quickly? Take a breath and start your research online.

Website Tools

Accepted authorities such as NADAGuides, Kelley Blue Book, and Edmunds can help you find numbers efficiently by providing filters for make, model, mileage, and options. It can’t take your car into consideration specifically or all those other unique variables, but the estimates are straightforward.

Comparable Listings

The above websites have listings for preowned luxury cars like yours in your area, so you can get a feel for the competition while you research. Other listing sites such as AutoTrader can help you round out the picture, and luxury brands often have online communities and markets. Beware that the numbers you see aren’t necessarily the true market value, but instead starting prices for negotiation.

Dealer Appraisals

You can check the reputations of dealerships through online reviews, then take in your luxury car for more opinions. They’ll do the same research as you, as well as look at dealer auctions and local demand. They can also appraise the vehicle’s condition in person. If you’re open to a trade-in agreement, you might find a reasonable middle ground there.

Specialist Evaluations

If you want to sell your Rolls Royce, Tesla, or another luxury car, you have one advantage—you can find a specialist who evaluates high-end vehicles every day. Ultimately, the best way to establish the fair market value of your car is to get a real, well-informed offer. You can contact Nahas Motorcars for a free quote , and, no matter where you are in the country, we’ll come to you for an inspection. We’ll take care of outstanding loans as well. We can give you money on the spot and be on our way in a half hour. So, if you value your time, save yourself some trouble with Nahas Motorcars.