Where to find the value of my car
How to find the market value of your car
what's good guys it's the one with
Crisco garage I don't subscriber I
almost said I had a question like you
guys are going to be able to answer it
I had a subscriber write on one of my
videos asking how do you determine
market value so I'm gonna drop a quick
video that you guys know how you figure
out the market value of any car or truck
or van or even miscellaneous item in
your home that you're looking to sale so
check this video out alright so if
you're a new subscriber please consider
subscribing to my channel if you are og
subscriber I love you guys man you guys
mean the world to me man you're the
reason I keep pumping these videos out
the way I do but um again I'm doing this
is risco garage I'm the one and this is
risco garage you can see by the banner
right up there in the background but um
so what we're gonna talk about today is
so as you know right now I have a series
of videos where we're two into a series
of ten and a subscriber or just a
Commodore I don't know if he's a
subscriber X how do you determine the
market value since I am against Kelley
Blue Book and it's quite simple as I've
said before in many of my videos so in
front of me I have my wife's GP office
as I love this card dearly as I think I
told you guys and uh I really don't like
it it's the most unathletic Jeep in the
world and shame on GM for allowing Jeep
to make this car truck no it's a car
it's car it's not cheap but
basically it goes like this
so let's say I want to sell my wife's
Jeep Compass basically what I would do
is after I've made any repairs or
cosmetic upgrades basically what I would
do is this I would get on Facebook
marketplace or I would get on Craigslist
eBay wherever whatever outlet you decide
to sell your car could be even the
old-school way of doing it and it was
paper classified basically what you do
is you find other cars that are close to
down to the value of your car so
basically you find cars they're in the
same league let's put it that way
they're the same league as your cars
your car is a piece of crap yeah you're
gonna find cars that are other pieces of
crap you're not gonna go and price your
car with the creme de la creme of the
crop you know your car is only a
thousand dollar car you know price it
accordingly but let's get back to the
main focus here basically the way you do
is this you take your car and you find
out what the average is how do you find
out the average go on you searching type
in 2012 Jeep Compass my car were taken
in 2012 jeep compass and I would look to
see what everybody else to sum them for
so I would find the car that's the same
color now this varies you have to pick
and choose what you can match your car
to so I want I'm looking for trucks that
have that are similar in math and miles
have the same drivetrain drivetrain is
your engine transmission so forth and so
on that has similar features and
upgrades so we have a base model Jeep
here so I'm going I'm gonna compare my
Jeep to other base model jeeps that have
the same mileage once you find the group
and the good thing about Facebook and
Craigslist is you can usually type in
the max mile so if your car has I think
our Jeep has 100,000 miles on it so if
you so I will type in a hundred thousand
miles as the max so I want to see other
jeeps to have a hundred thousand miles
that's at a 2.4 liter that's a 2.4 liter
that's automatic and I'm gonna want that
uh the website to show me all the ones
that are like that as if I was searching
for that like I want to purchase so once
you find those the the similar vehicles
is to yours you look and see what
they're selling for so rule of thumb for
me is I'm not going to though I'm not
going to look at the one that's the most
expensive because 9 times out of 10 it's
been there for a while because what door
it's the most expensive nobody wants to
spend wants to buy the most expensive
one
people want a deal so once you find the
average and you know a simple math you
guys you can take all the the cars that
you find add up all their prices and
divide by the number of cars that gives
you the average of what a jeep in the
same make model drivetrain upgrades
color all that stuff whatever you
get a match on it so let's just keep it
stupid simple so let's say it looks
about every other Jeep on there is
selling for I don't know seven grand so
what I'm going to do to make myself
competitive competitive I'm going to say
okay well if every other one is listed
on here for about seven thousand dollars
each I want even if mine is the best one
I'm not gonna put mine up for seven
grand that's stupid mine is never gonna
sell what I'm going to do is put mine up
for sixty seven sixty eight sixty five
if you really wanna unload it fast
and if you really want to get rid of it
you put it up there for $6,200 now you
say oh my god this guy doesn't know he's
making he's giving away $100 not
necessarily because the average person
that's looking at her $7000 doesn't have
$7000 they are very far and few in
between the people that are actually
coming with seven grand that want to
spend seven grand
if you're new you don't know this if
you've been doing this for a while then
you know that that's how it goes
nonsense out of ten somebody with a real
cash if you have a seven thousand dollar
car it's going to act I offer you sixty
two hundred dollars and they're actually
gonna come out and pay it so again if
you're new you don't know this if you've
been doing this for a while you know
what I mean but that also ties into what
I tell you guys you make your money when
you buy the car so if I even though I
was unfortunate enough to finance this
and pay it off if I didn't know that you
don't have said if I bought it for seven
grand I'm trying to sell it for seven
yeah I just lost my ass but if I know
it's worth seven and I bought it for
five me making twelve hundred dollars is
a good deal so quintessential you guys
to go back over this one more time for
those that missed it the way you
determine the market value the real
market value not using Kelly Blue Book
because Kelly Blue Book is a dealer tool
it's a dealer tool that they try to make
use for in the private sector but mostly
is used as a tool to help dealers or if
you are big dealerships big dealerships
and some small ones this used to help
them rip you off to undermine the value
of your car um so to break it down and
keep it super simple for those that
missed basically to miss what I said
basically what you're gonna do is this
this you guys you're gonna get them on
facebook or craigslist or wherever you
sell your car you're gonna type in your
car you're gonna find other all the
other cars that are similar to yours and
my
drivetrain upgrades and everything else
once you find those group of cars you're
going to look at the cost of all those
cars how much they're being sold for and
you're going to price yours according to
those so if yours if the top best corner
is seven grand and the worst car on
there is five grand you want your car to
be priced in that six here yeah that's
how you determine the market value the
market value is going to tell you that
your cars worth about yeah between five
to seven thousand dollars or my sales
between fifteen to twenty-five hundred
dollars or maybe it might just be worth
$1,300 that's how I determine it that's
how I've always priced my cars and when
I've sold them and I've yet outside of
Hades here any car I've put up has
always sold you know what I mean so
they're gonna be people that's not gonna
like this they're gonna be people that
disagree there's gonna be people that
don't understand that I'm gonna have to
answer emails or comments under and
there's gonna be people that like it
understand it and then are going to be
able to take this concept and move
forward now for all you guys that don't
like it let me be the first to say kiss
my ass I will delete your comments if I
don't like what you say I'm grateful
that I'm small enough that I can delete
and block people for you guys that don't
understand why all I mean say I don't
understand and give me your email
address or just emailed me and say hey I
don't understand can you explain some
more and I will do that no problem for
you guys they get the concept understand
it and one need some more help on how to
apply it again just email me or comment
below with your email address and I'll
get back to you as soon as I can
so that's about it concept is crazy
freaking stupid simple you know what I
mean
you you know what I own the whole I'll
say it I even throw this in there if you
like using Kelley Blue Book if you
always use Kelley Blue Book and never
had a problem then by all means go ahead
and use Kelley Blue Book Kelley Blue
Book it's not paying me nor did they
send me angry emails like Copart used to
do that when I first started my on my
channel so hey so uh you know it's if
you're comfortable using that and it
works for you by all means you guys go
ahead and let the computers do the work
for you but if you want to be a little
bit more proactive and find out that
sometimes Kelley Blue Book kind of under
sales your vehicle
sometimes it over sales sometimes it
works for you but my method tends to
always work out for me and that's how I
determined it I didn't have anybody
teach me I don't watch another YouTube
guru and take their information I came
up with this all on my own
so hope you guys like like it and
understand it all I have for you guys I
hope you guys um like this video and
again I hope you understand the
information that I'm trying to relay to
you if you don't I plead and beg you
email me so I can help you again
remember the goal of this channel is in
some respects to entertain but it's
mostly to inform I want you to make
money you understand me I want you to
make money that's the whole point you
know what I mean there weren't channels
like this like what I'm trying to do
when I started buying in selling cars it
was just people that want to sell you
$300 ebooks or they want you to
subscribe to $200 course colleges and
where I don't want that for you I'll
make you pay 15 bucks to make you to
give you documents that you can use to
give you a peace of mind when you're
inspecting when you're interviewing when
you're creating a bill of sale and when
you're posting your ad to sell your car
that's it outside of that I tell you
everything I know for free and when
people email me I even helped them
freaking flip cars so I don't want
nothing from you I want you to succeed
so please always keep that in mind you
know what I mean so if the information
doesn't benefit me in any way it's just
me trying to help you make some extra
money because I know some of you are
single mothers struggling fathers or or
or a family group are couples that's
trying to make some extra money to make
your dreams come true whether it's
purchasing a house or doing something
else I'm here to help you and this is
the way that I turned myself substantial
amount of money over the years so please
by all means if you need some help guys
please don't hesitate to email me even
if I don't return that email for a week
or a week and a half I will find it I
will get to you I will get your
information but if you have any
questions go ahead email me at the real
risk or garage at gmail.com if you need
help go ahead and hit that link in the
description down there down there go
ahead and hit that link go to my website
purchases them to us help you buy and
sell
for profit hope you guys like this video
don't forget to Like and subscribe love
you guys that have been doing a great
job of smashing that like button you
know and he's so great to see people do
that they actually slow down so they can
stare at me while record this video oh
it's a dog that's why it's two dogs um
so that's all I have for you guys I hope
you enjoyed this video again I want to
help you guys I want you to accomplish
all your financial goals and reach all
your dreams but in the meantime do us
both a favor and go make some money
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