Looking to squeeze every last cent out of your car, are we? The RACQ car value is essentially an estimate of what your vehicle is worth in today’s market, considering factors like age, condition, and demand. New cars typically depreciate rapidly, losing up to 40% of their value in the first year alone. Used car values vary wildly, but RACQ provides a handy guide to keep you from getting mugged or mugging yourself. For precise figures, always cross-check with platforms like Tradingpost or CarShowroom. Remember, these values are just a starting point—your car's actual value might be higher or lower depending on local market quirks.

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