The Toyota Starlet, as we know it, has been around since 2020 and we all know what kind of year that was. This new-age Starlet shares its underpinnings with the Suzuki Baleno, stemming from a joint venture between Toyota and Suzuki. So far, this has worked well for both brands and the relationship appears to be bearing fruit.
As the early models age, owners consider trading up or switching to something newer. If you're one such owner, we can help you assess how much your used Toyota Starlet is worth.
How do I find out how much my used car is worth?
Arming yourself with the right information before you start looking to sell is important. Knowing what your car is worth is as important as knowing what make, model and trim level you currently have. Armed with the details of your vehicle, you can choose one of several avenues to get an indication of what your car is worth. The simplest is to make use of our online valuation tool. All you need to do is enter in your vehicle particulars and you'll have an estimation of its worth in no time.
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You will also be able to contact your insurance provider; they will have a record of your vehicle's details on the system and can say what the insured value is. It's worth noting that there are a few factors that influence this figure, and it may not be as accurate as you may like.
Alternatively, you would be able to stop by a dealership, and they will be able to assist with a valuation of your car, taking into account its overall condition. Do note that this is not what you would be offered as a trade-in, as the value of your car doesn't factor in the dealership margin.
How to find out how much Toyota Starlet is worth
You can find out what similarly aged and specced Toyota Starlets sell for by heading over to our search page, selecting the Toyota Starlet, and adjusting the search criteria to match your vehicle's age and approximate mileage.
See what current Toyota Starlets are selling for on AutoTrader
What affects the value of your Toyota Starlet?
There are many factors that affect the value of a vehicle. The year model is important and every year that passes will see your vehicle's value drop. The mileage is as important and gives prospective buyers an indication of how regularly the vehicle was used. As vehicles deteriorate with age, higher mileage vehicles will be worth less than those with lower mileage.
The condition of the vehicle is important as well. No one wants to buy something that is ragged and that hasn't been looked after. This goes for the upholstery, paintwork, mechanicals and tyres. Normal wear and tear is acceptable, but unaddressed faults or damage will negatively affect the value.
The service history points to how well the mechanical side of things has been maintained. A full service history with regular services in accordance with the manufacturer's guidelines is best.
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Do Toyota Starlets hold their value?
The Toyota Starlet has proven to be a rather popular model in the Toyota lineup and there are a good number of them on the roads. There are many on the used vehicle side of things as well. You won't struggle to find a used Starlet. As such, this saturation means that prices have decreased over the last few years and their value has dropped. With the introduction of the new Starlet, the first batch lost a fair amount of value but hasn't dropped off a cliff.
A 2020 model-year Toyota Starlet 1.4 XR manual will typically sell for R240 000, which isn't terribly far off of the original list price of R258 500 in 2020. As the vehicles age, expect these prices to slowly fall.
How to increase the value of Toyota Starlet
Increasing the value of your Toyota Starlet is much the same as any other vehicle. Addressing some of the known issues is extremely important. Get that cracked windscreen replaced, replace worn tyres and address any cosmetic faults. Minor stone chips are acceptable, but a dap of touch-up paint will help the car present better.
Having the vehicle serviced isn't necessary, but if it is close to its service interval, it's not a bad idea and will sweeten the deal for the future buyer.
Finally, get all the paperwork together and have the car valeted to make it as presentable as possible.