Overview
Yes. Your estimate is not fixed — it can change as time passes. That’s because estimates reflect current market conditions and your vehicle’s status.
Why it can change
Mileage – Every extra mile lowers value slightly, especially on newer cars.
Condition – New mechanical issues or damage can reduce value.
Market demand – Seasonal demand shifts (e.g., SUVs in winter, convertibles in summer).
Market supply – If more of your car type floods the market, prices may dip.
Broader trends – Changes in interest rates, used-car inventory, or manufacturer incentives can all shift values.
Real-world example
During COVID, the Tesla Model Y market swung dramatically:
In week 1, a used Model Y could sell for around $71,000.
By week 2, that same car might only bring $63,000 — an $8,000 drop in just days — simply because market demand shifted.
Today, if you check used Model Y prices, they’re far lower than pandemic highs, showing how quickly market conditions can change.
In short
Your estimate reflects today’s market. Over time, it can move higher or lower, sometimes dramatically, based on demand, mileage, and broader economic shifts.