Guide

How much should I pay for a used car?

The right price for a used car isn't a number from a guide; it's what the same car sells for near you. Here's how to work it out.

Updated November 1, 2026

Same car. Same week. Same region.2023 Toyota Tacoma TRD Off Road

One dealer asks$42,79437,332 mi · Greeley, CO

$9,894 less

Another asks$32,90032,882 mi · Lakewood, CO

A real example from our Denver snapshot.See them side by side →

More Toyota Tacoma deals →

Everyone wants a number. The honest answer is: pay no more than the same car costs elsewhere nearby, and ideally less. Here's how to find that number for your car.

Start with what the same car costs nearby

Look at listings for the same year, trim and drivetrain within about 100 miles. Ignore cars with far more miles or a bad history. The middle of what's left is a fair price; the lower part is a good one.

For popular models, we've done this for you: see used car deals by model, with typical prices by year and real below-market listings.

Adjust for miles

A car with fewer miles than average for its year is worth more; more miles, less. As a rough rule, 10,000 extra miles is worth a few hundred to over a thousand dollars, depending on the car.

Adjust for condition and history

Accidents lower value, even if repaired.
Branded titles (salvage, rebuilt, flood) lower it a lot.
One owner and service records add a little.
Certified Pre-Owned adds a warranty, which is worth something. Compare certified with certified.

Add the costs that aren't on the sticker

Tax, title and registration are unavoidable. Dealer fees vary, and some are negotiable. Ask for the out-the-door price. See dealer fees you can push back on.