There are generally two types of people when it comes to motor vehicles, and these are the car people and the truck people. The NADA truck values provide a great way for truck people to get a good evaluation on any make or model of truck. There are a variety of categories used to make these observations, and everything, from make and model to horsepower, are taken into consideration.
Online search tools have made it easy to find a lot of this information through websites, and some automobile dealers even offer the NADA truck values through their own online resources. Of course, there is quite a difference between selling and buying a truck, and the evaluation may be the same in terms of overall worth, but if you don't understand the evaluation, you could lose money or get taken advantage of.
Making A Sale:
Let's face it, trucks are expensive. They generally cost more than a car or other similar vehicle, sometimes due to size or their tendency to be more durable over time, and ability to carry heavy loads. This means that when it comes time to sell your truck for a new model, you want to get top dollar for it, and one way to do this is by utilizing the NADA truck values found online.
Although it is possible to find some basic information about your truck through generic automobile sites, or a dealer's web page, using exact data like the information found through NADA can guarantee that you are asking for the most money your truck can bring in. Cars are evaluated using only a few characteristics, but trucks have more to offer, and thus require more detailed reviews. Horsepower, cabin option, seating style, size, towing capacity and mile per gallon, can all make a difference to your sale.
Buying A Truck:
Buying is another story, but still requires some diligent research on your part if you don't want to be taken advantage of. While many dealerships know their stuff when it comes to the vehicles they sell, some will try to squeeze out every last dollar in an effort to grab as big a commission as possible. This means that it's your responsibility as a consumer to know your facts.
A simple search can offer you a good idea on the value of the model that you are considering, but don't forget to take it one step further. If you are buying used, remember to check on the certification eligibility as a certified used vehicle through the manufacturer, rather than just the dealership. You should also take a look at the vehicle history by ordering a report, or asking your dealer to see the report that they have on hand. This can tell you if the truck has been in an accident, required any serious repairs, or has had any mechanical failure in the past.
Even if you're certain that you're going to buy a particular truck (used or brand new), no matter what some reports tell you, NADA truck values can offer some help in terms of future care, resale value, and overall knowledge of your vehicle.