What is the difference between your estimated sale price and your reserve price?

Once we have provided your initial valuation, we factor in any additional details to ensure that we can give you the most realistic sale price for your vehicle, and to ensure a smooth final transaction. 

1. Initial instant valuation

By entering your registration and mileage on the Car-Ma website, you’ll receive an estimated selling price based on the initial information about your car. This is based on live market data to give you an instant real-world valuation.

2. Set a reserve price

If you find the initial valuation favourable, you can add more detailed information, including your vehicle’s specifications, service history, condition, and damage. We then arrive at an agreed reserve price with you tailored specifically to your car.

Once the reserve price is established, your car is included in our daily sale, allowing dealers in our nationwide network to submit offers.

3. Proceed with your best offer

Once we receive the highest offer for your car, you will be notified, and you can choose to accept it and proceed with that as your final sale price and proceed with the completion of the sale.

At every stage, we strive to price vehicles as accurately as possible to ensure your final sale price meets your reserve price. In some cases, the best offer from our network can exceed your reserve price, allowing you to proceed with this higher amount. Just remember that the final sale price depends on dealer demand on the day of sale.