This car is more expensive than expected

You're losing

30.30% or R83,695

based on the recommended retail value

Sold

2021 Volkswagen Polo Hatch 1.0TSI Comfortline R-Line Auto

63,800km • Automatic • Petrol • Gauteng

Last updated 3 days, 22 hours ago.

Retail value

R276,205

How much a dealership is recommended to sell this car for.

Does this retail value look strange? Report it.

Asking price

R359,900

This is 30.30% or R83,695 more than the recommended retail value.

Price history

The price of this car listing over time.

Market view

Similar cars we've found in the market.

Mileage	Asking price	View
38,000km	R190,000
60,000km	R198,000
62,000km	R199,999
79,000km	R203,000
41,000km	R210,000
47,000km	R210,000
47,000km	R215,000
92,000km	R217,999
92,000km	R218,000
93,000km	R220,000
9,720km	R224,999
42,000km	R224,999
48,000km	R230,000
53,000km	R234,999
67,000km	R234,999
53,000km	R235,000
46,000km	R239,000
48,000km	R239,950
93,394km	R239,950
99,000km	R239,990
40,000km	R239,999
66,000km	R239,999
67,000km	R240,000
119,000km	R240,000
64,227km	R244,999
20,142km	R245,000
62,000km	R245,000
71,000km	R245,000
60,000km	R249,000
127,407km	R249,950
10,000km	R250,000
45,000km	R250,000
77,000km	R257,000
45,000km	R259,000
167,000km	R259,900
135,232km	R259,950
94,672km	R259,990
45,000km	R259,999
35,000km	R260,000
140,000km	R260,000
46,000km	R265,000
50,000km	R268,000
44,000km	R269,000
116,000km	R269,990
158,000km	R269,990
25,000km	R269,995
44,000km	R269,999
53,000km	R269,999
78,000km	R269,999
39,000km	R270,000
54,000km	R270,000
87,000km	R270,000
88,000km	R271,000
45,000km	R274,000
8,000km	R274,999
46,000km	R275,000
91,000km	R275,000
40,000km	R278,000
51,000km	R279,900
95,000km	R279,900
87,000km	R279,950
83,000km	R279,990
27,000km	R279,995
51,000km	R280,000
64,000km	R283,000
89,462km	R288,999
95,321km	R289,400
81,457km	R289,850
65,800km	R289,890
66,000km	R289,900
95,000km	R289,990
157,000km	R289,990
49,000km	R289,995
88,350km	R289,995
139,000km	R289,999
64,000km	R295,000
48,000km	R299,400
57,000km	R299,400
76,263km	R299,400
59,000km	R299,790
35,680km	R299,800
97,421km	R299,899
46,100km	R299,900
46,100km	R299,900
46,100km	R299,900
46,100km	R299,900
46,100km	R299,900
56,600km	R299,900
66,800km	R299,900
66,800km	R299,900
66,800km	R299,900
66,900km	R299,900
71,255km	R299,900
100,000km	R299,900
102,000km	R299,900
104,000km	R299,900
106,118km	R299,900
53,249km	R299,950
43,000km	R299,990
65,000km	R299,990
79,000km	R299,990
100,000km	R299,990
38,000km	R299,995
130,000km	R299,999
150,000km	R299,999
56,500km	R304,950
49,100km	R308,000
59,000km	R309,400
80,500km	R309,800
69,000km	R309,888
61,400km	R309,890
57,600km	R309,900
75,171km	R309,900
90,000km	R309,900
98,160km	R309,900
107,500km	R309,900
99,000km	R309,950
43,500km	R309,990
54,900km	R309,990
60,500km	R309,990
122,098km	R309,990
30,566km	R309,996
98,500km	R318,900
79,500km	R319,800
95,000km	R319,800
52,872km	R319,900
77,100km	R319,900
88,488km	R319,900
65,000km	R319,950
18,600km	R319,990
74,953km	R319,990
45,460km	R319,995
51,800km	R319,995
58,000km	R319,995
69,852km	R319,995
72,000km	R319,995
51,000km	R319,999
92,500km	R322,888
38,000km	R324,888
79,000km	R324,900
74,000km	R327,888
52,000km	R328,000
46,000km	R328,888
59,661km	R328,995
32,400km	R329,800
51,765km	R329,800
75,000km	R329,900
81,000km	R329,900
98,200km	R329,950
31,443km	R329,990
43,415km	R329,990
70,287km	R329,990
35,301km	R329,995
31,000km	R330,000
52,000km	R330,000
53,676km	R330,000
78,000km	R334,888
31,600km	R335,000
45,000km	R335,900
47,800km	R339,400
56,000km	R339,400
22,600km	R339,900
29,800km	R339,900
33,000km	R339,900
34,259km	R339,900
53,300km	R339,900
43,755km	R339,990
69,000km	R339,990
43,000km	R339,995
97,500km	R345,888
70,300km	R349,800
14,500km	R349,900
33,812km	R349,900
36,000km	R349,900
68,108km	R349,900
68,200km	R349,900
89,525km	R349,900
54,000km	R349,950
84,000km	R349,950
66,000km	R349,990
56,000km	R349,995
30,000km	R359,900
77,000km	R359,900
63,870km	R379,900
33,132km	R389,900
65,128km	R399,900
79,700km	R419,900

Lookup another car View listing

Interested in selling your car?

Get the best price for your car, without the admin.

Sell my car

Questions

How do car dealerships determine the price of a car?

As you can imagine, every car dealership doesn’t have the expertise or resources to invest in a team of automotive data scientists to analyse historic car sales data and estimate a fair price for each of their cars. That’s why car dealerships outsource this responsibility to third-party automotive data providers like TransUnion, Lightstone, DiskDrive, and a few others. These automotive data providers provide car dealerships with book, trade, retail, and market values to help them price their cars.

What’s the difference between a car’s book value, trade value, retail value, and market value?

Book value: The price a dealership is recommended to buy a car for.

Historically, a car’s trade & retail values were published in a physical book known as the Mead & McGrouther Auto Dealers’ Guide.

Over time, “book value” has become an informal term for “trade value”.
Trade value / trade-in value: The price a dealership is recommended to buy your car. This is the same as the above mentioned “book value”.
Retail value / retail market value: The price a dealership is recommended to sell a car for.
Market value / private market value: The price a private seller would likely get for selling their car to a private buyer.

Who determines a car’s book/trade/retail/market value?

Historically, a company called Mead & McGrouther sold a physical “Auto Dealers’ Guide” book filled with valuations of every vehicle sold in South Africa. Since then, Mead & McGrouther has been bought by TransUnion and the book has been digitised and now sold as a software service.

Who provides the dealerships with a car’s book/trade/retail/market value?

Third-party automotive data providers like TransUnion, Lightstone, DiskDrive, and a few others supply dealerships with these values, along with other automotive data insights, to help them run their business.

How is a car’s book/trade/retail/market value calculated?

Each automotive data provider has their own algorithm for calculating an estimated car value. Unfortunately, the exact calculation isn’t publicly known, but it’s believed to take into account a number of factors, including the current car market supply and demand, historic new car prices, inflation, recent car sales data, car make/model/condition/mileage, and more.

How does CarPriceValue calculate a car’s recommended retail market value?

We monitor car listings from across the industry, train our machine learning model on thousands of car specifications, and make a retail value estimate that best matches the current market.

This would be the equivalent of you finding similar cars online, and getting a feel for the “average” asking price, but just at a much bigger scale and way more accurate.