Car values aren’t set in stone — they shift based on a mix of market trends, economic conditions, and specific vehicle details. Here are the main factors that drive these changes:

• Popularity and Demand: The desirability of certain car models, features, and brands affects their value. Vehicles in high demand tend to retain their worth longer, while outdated or less sought-after models often lose value more quickly.
• Age and Mileage: Time and distance take their toll. Older cars and those with higher mileage usually see a steady drop in value.
• Economic Climate: Broader financial factors like interest rates, inflation, and consumer spending power play a role. In challenging economic times, car values often dip as fewer people are in a position to buy.
• Seasonal Shifts: Vehicle demand can rise and fall with the seasons. Spring and fall often bring higher demand, while winter months generally see less buying activity.
• Online Market Trends: Digital marketplaces use data-driven algorithms to set vehicle prices based on recent online demand patterns.
• Car-Specific Factors: The value of a car is also influenced by its unique characteristics, including location, overall condition, trim level, and any extra features or upgrades.

Being aware of these factors can give you a clearer picture of your vehicle's worth and help you make smarter decisions when it comes to buying, selling, or trading in.

Matt Blatt uses a thorough evaluation process to assess your car's worth, combining data-driven insights with vehicle-specific details. Here’s an overview of how it works:

• Vehicle Details: Key aspects such as features, trim level, and special add-ons are carefully considered to ensure accurate pricing.
• Accident and Service History: A clean accident record and a well-documented service history can positively influence your car's value, while unresolved issues may decrease it.
• Mileage Estimates: Matt Blatt takes into account the mileage you provided during your initial assessment and adjusts based on typical usage patterns over time.
• Market Trends: Real-time data from Matt Blatt's marketplace, along with insights from broader market conditions, help ensure pricing remains competitive and fair.
• Trusted Pricing Tools: Industry-standard valuation guides and trusted automotive pricing resources are cross-referenced to validate estimates.

By analyzing these factors, Matt Blatt ensures your car's value reflects both its unique characteristics and the current market landscape, providing you with a reliable and transparent estimate.