Guides
Guides and checklists
Short, practical references you can come back to. Use them to organize records and get comfortable with the language of vehicle value.
Informational purposes only. The content on CarValue Context is for general informational purposes only and does not constitute insurance advice. CarValue Context is not an insurance company, carrier, underwriter, agent, broker, or marketplace.
01
Vehicle condition checklist
A simple walkaround to document condition:
- Exterior: dents, scratches, rust, and glass chips.
- Tires: tread depth and even wear.
- Interior: upholstery, odors, and electronics.
- Mechanical: warning lights, noises, and fluid leaks.
- Records: service history and title status.
02
Value terminology guide
Common terms in brief:
- Depreciation: the decline in value over time.
- Market value: what comparable vehicles sell for.
- Actual cash value: value after depreciation is considered.
- Replacement cost: the cost of a comparable vehicle.
- Total loss: repair cost is high relative to value.
03
Ownership records
Store titles, registration, service receipts, and photos in one place. Organized records make any future value conversation simpler.
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