Home > Experts > Question Question Posted by: a visitor | 2013/02/21 Market vs Retail value Amasi & others knowledgeable peopleseeing a few posts about the car issues, i though i''d take the opportunity to ask (remembering this is hth)I am looking for information on where/how to get the Market value of my car, used the internet tools but dont fully trust them. due to financial troubles i am looking for a cheaper insurance. cheaper quote i have is at Market value, but i don''t know if it will be wise to go for that (retail or market), I currently owe the bank 60k, and drive 2006 polo, trendline (sedan) with about 130 000 km, full service history. i will not have extra cash should anything happen.please advise,thx Not what you were looking for? Try searching again, or ask your own question 4 Our users say: Posted by: Temba | 2013/02/22 sure my dear,all the best Reply to Temba Posted by: a visitor | 2013/02/22 Thank you Temba, i was able to get a car value report from transunion and also the market & retail value from my insurance and do the necessary comparison and was able to make a decision.thx Reply to a visitor Posted by: a visitor | 2013/02/22 thanks Temba, yes i am over 25 (mid 30) and have been driving for 7 years Reply to a visitor Posted by: Temba | 2013/02/22 The market value is basically what you would sell the car for, they look at things like mileage, condition of the car, history of accidents. You can speak to Transunion and they will do a valuation for you.When you take out car insurance they normally insure the car at the highest value which is the retail value even if its not a new car. Insurance companies also do not operate in a similar fashion. I think it''s best to take it at a retail value and it shouldn''t be expensive since your car is old, you are over 25 (i assume), you''ve been driving for long time... Reply to Temba Have your say Your name (optional) Your comment Security × Thanks for commenting! Your comment will appear on the site shortly. Search health advice Find an answer × Thanks for commenting! Your comment will appear on the site shortly. Reply to Your name (optional) Your comment Security Close Submit comment Recently: Asked Questions Answered Questions Commented Questions Can this diet help my weight loss journey? Rash on newborn Pro-B and antibiotics I battle to get an erection. Can stameta terminate pregnancy? Rash on newborn I battle to get an erection. Drop Husband worried about fantasies Penis helmet throbbing Hi im on depo for one month now and have gained 7kg despite of the fact that im using herbex slimming products.What can I di to stop the weight gain? My son and I If a girl swallows sperm, can she get pregnant? He called me filth Spiked drink advertisement From our sponsors Discover treatments that can help reduce acne What can I do to reduce or remove acne marks? Dementia and Incontinence: what you need to know WIN a R2000 Skin Renewal online store voucher!