What does average price paid mean?

Asked by Apr 27, 2017 at 07:53 AM

Question type: Shopping & Pricing

2 Answers

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DEPENDING ON WHERE YOU LIVE ITS THE AVERAGE TRANSACTION PRICE PAID FOR THE VEHICLE ....JUST SELLING PRICE NOT ANDY TAXES OR FEES

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"An average price is a representative measure of a range of prices that is calculated by taking the sum of the values and dividing it by the number of prices being examined. The average price reduces the range into a single value, which can then be compared to any point to determine if the value is higher or lower than what would be expected."

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