How is Market value calculated?

Asked by Nov 09, 2017 at 05:11 PM

Question type: General

It appears that average market value is regionally based. However, for people doing global searches regional values have little value. They just make the comparative value of those "good deal" "bad deal" ratings less valuable. To those buyers it makes little difference where the car came from, only the price they have to pay. It would be best to base the rating system on a national average.

3 Answers

91,545

Almost everyone buys locally. Just sort cars by cheapest if that is what you are looking for.

269,275

Read this for more info.....http://cargurus.helpscoutdocs.com/article/10-what-is-imv

1,085

There are many more local buyers than buyers who ship in their vehicle. The reasons are many: cost of shipping, state inspection hassles, title transfer paperwork hassles, etc. Regionally is the way that makes the most sense. In Washington, a WRX 4WD is going to bring more money, due to the weather they get there, than say a Mustang GT. It all comes down to what the market dictates.

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