Used car valuation service CAP and Japanese motor brand Honda have launched a web-based tool to calculate second-hand car values, available through the Honda website.

The service provides independent information on the likely price of any make and model of car to any owner of a UK-registered vehicle after submitting information on their current vehicle and their plans to offload it, and limited to one valuation per customer per month.

Available through both the new car and used car sections of the Honda website, the opening page of the tool will ask users for contact details plus registration number and mileage for their current car.

Users will also be asked whether they intend to part-exchange their vehicle, sell it outright or dispose of it privately.

No information is asked about the condition of the car, with the page returning a range of values, and customers are encouraged to contact their nearest Honda dealer for greater accuracy of price.

richard.brown@vrlfinancialnews.com

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