ATV Depreciation and Resale Value: Everything You Need to Know

A Guide to Reselling Your Used ATV

Just like other vehicles, the value of an ATV depreciates over time. That means four-wheelers sell for less over time, as they are expected to wear out over the years. You may wonder how this value is determined, or what your ATV's resale value is.

We've answered all of your ATV resale questions below, including:

When do ATVs Begin Depreciating?
What Factors Affect ATV Depreciation And Resale?
How do I Calculate Trade-In Value?

Should I Sell or Trade In my ATV?

Here's When The Value of your ATV Begins to Drop

Depreciation refers to the decrease in value an object faces over time. So, when does that process begin for an ATV? The second you rev up your four-wheeler's engine for the first time.

This is true for most vehicles – depreciation begins right away. In fact, most of the vehicle's value is lost within the first year or so of operation. This is nothing to panic about, thankfully. The used vehicle market is active enough that you will still be able to sell your ATV down the road should you choose to, though your revenue will be lower the later you sell.

The Factors That Affect Resale Value

In general, time is the #1 factor that affects a vehicle's resale value. The longer a vehicle is operated, the less it will sell for.

The condition of your vehicle can speed up the depreciation process. If your vehicle is dirty, rusty, or worn-down, you won't be able to sell at as high a price as you would if your vehicle is in top condition.

The particular brand of your ATV may affect its resale value. More well-known brands, like Honda and Yamaha, are in higher demand and therefore would be valued higher.

How to Calculate Your ATV's Resale Value

There are a few ways to get an estimate for your ATV's resale value, but not every method is equally effective.

You may perform research on your own by checking blue book values or comparing your vehicle to what you see in storefronts. However, every vehicle is unique and will be valued differently, so these methods don't give you a precise idea of what your vehicle costs.

The best way to see what your used ATV is worth is to speak to a motorsports retailer directly.

At Dunfords of Havelock, we've made it easy to check the value of your four-wheeler. Just fill out this form with a few details about your vehicle, and we'll give you a direct, accurate answer.

Selling vs Trading a Used ATV

You've decided you want to get rid of your used four-wheeler, but you're not sure if you'd get a better deal selling it for money or trading for a new ATV.

You might find it easier to trade in an ATV to a motor retailer than finding an individual to buy your ATV. However, if both options present themselves to you, which should you pick?

Ultimately, working with a motor retailer is always a better option. Third-party websites on the internet leave you vulnerable to scams, fake buyers, and instances where you can get ripped off or pressured into making a poor deal. Motor retailers, meanwhile, are safe, trustworthy, and fair. They offer expertise and pricing based on real industry numbers.

We should note that if you trade in a vehicle, you will likely still have to pay extra for a new vehicle, but you will get it at a lower price than if you were to simply buy it without trading in anything.

Steps to Take Before Selling or Trading In Your ATV

Whether you choose to trade your used ATV for a better vehicle, or simply sell it for revenue, you need to know what you're doing. Consider these steps before you close the deal.

Research Its Value

It's important to be reasonable while you narrow down your budget. Make sure you're able to ballpark what your vehicle is actually worth. You can reach out to Dunfords of Havelock directly to ask about your ATV's resale value.

Make Sure You Have All The Required Paperwork

Since the sale of an ATV is a legal transaction, you'll need a legal record of it. That comes in the form of a document called the bill of sale. You can find these legally binding documents online. In the bill of sale, you must include the following:

A detailed description of the vehicle, including its model, year, serial number, and condition
The amount of money paid to the seller
Signatures from both parties

Make All Necessary Repairs and Maintenance

There are two reasons you'll want to take this step.

First, it will be easier for you to find a buyer and earn revenue by selling a vehicle that has been taken care of. Buyers – both individuals and retailers – are not usually interested in buying vehicles that need repair.

Second, maintaining your vehicle is part of seller's etiquette. You will come off as more trustworthy for having your vehicle repaired and taken care of before selling it – this will in turn get you better offers.

When it comes time to get rid of your used ATV, Dunfords of Havelock can help. From determining the worth of your used four-wheeler to finding you the best deal for a new ATV, our team of motorsport vehicle experts can help you through every step.