What is the catalogue value of a car?

You can look up the catalogue value of a car. But you can also let the insurer do this for you. It is important to know the correct price. This is because the insurance amount can be determined on this basis. You can often find the price on the website of RDW or Autoweek. You do this by looking up the car type. With the data from the RDW you always have the correct data at hand. This allows you to look it up again more easily and correctly. You can also request a full report with all the details of the car. Often there are extra costs involved. Insurance companies have a contract for this. For them it is even more important not to cut their fingers on a too high indication.

How is the catalogue value of a car determined?

The catalogue value of a car is determined by several factors. It is a predetermined price that the car would have cost new. This can be done in two ways. One way is the price that the manufacturer has attached to the car. But when you choose extra options, the catalogue value is also much higher. In that case an individual catalogue value will be determined. You should always keep the invoice of your car so you can check it. It's a price based on a new car. This does not mean that the car is still worth that. Over the years the insurer will deduct the value of the car with a conversion factor. You will also notice this at a tax office.

The advantages of this value

With the catalog value of the car you have gold in your hands. You know the new price of your car as it was when you bought it from the factory. If you have not driven much with the car, it is still worth about this. However, it must have passed the MOT and the odometer must not have been tampered with. If you can't figure out what the value has been consult the dealer. The dealer can always tell you what you paid him for the car. At least they have to keep the data for 7 years. If that is not the case then it is determined on the basis of the same type. Most companies have a book where they can find this information.

What is the catalogue value of a car used for?

The catalogue value of a car can be used for your own insight. But it is also used by insurers. But you can also use it for your own administration. So you know what a car cost when you bought it new. And then you know to what extent the value has decreased. This often depends on driving behaviour and possible damage. The MOT also counts when determining the final price. Your insurance company uses the list price to calculate the premium. Do you disagree with the amount they charge? Make sure you have the right data to change it. They can only change it with the original invoice.

How can you find out the catalogue value of a car?

You can look up the catalogue value of a car in the register. You can usually find this out by entering the license plate number with the RDW. This way you will find the exact type number of your car. With this information you can look up the car on other websites. The most used site is autoweek. Here you can find almost any car and it is a reliable address for references. You can also pay to get an extensive report from several companies. You have to pay for all the information. Only requesting the catalog value they often do not. This is because they otherwise have to make an exception for everything.

Why you should know

The catalogue value of your car gives you an insight into its value. It is also used by the insurance company to calculate your premium. The insurance company also needs information like BPM and additional taxes. Based on these and any additional data they determine your premium. It is therefore important that the catalogue value is correct. Otherwise you run the risk of paying too much premium. It is also useful information for you. This way you know what you paid for the car and what it might still be worth. Pay attention to the mileage, because that also makes the price. On the internet you can probably find a comparable model. Based on this information together, you can make a realistic price for your car.

What is the impact of the catalogue value of a car?

The catalogue value of your car may affect your insurance premium. The price is always calculated including VAT. The insurance company will not only determine your premium but also your coverage with this information. For more expensive cars they might set a higher excess. You can often buy this off but it is quite expensive. The catalog value is determined when the car registration part 1 is issued. This is when the car leaves the factory and is sold to someone.

What can you do with the catalogue value of a car?

You can do different things with the catalogue value of a car. You can ask for a quote from different insurers. The most important factor in an insurance policy is the catalogue value. You can also use certain formulas to calculate the current value of the car. For this you may need to deduct the VAT and BPM. This also applies to additional tax. After that you are going to write down the mileage. With this you can compare on the internet what a similar car costs. So you can use these data together to determine a selling price.

Conclusion

The catalogue value of a car gives you insight into the value of the car. You know by now that the value is determined at the moment the license plate is issued for the first time. This is because there are also extras that can be built into the car. These should also be added to the catalog value. You can often find out the catalogue value of the car by entering it with the RDW. You then have the exact type number. You can use this to find out what a car cost at that time. But you can also use it to compare the asking price of others. So you know what you can ask for your car. At least if you really want to sell it. This depends on the price