Car Guru add input choices and pricing algorithms.

Asked by Apr 27, 2019 at 10:33 AM about the 2017 FIAT 124 Spider Elaborazione Abarth RWD

Question type: General

Do you mainly cater to dealers?  I have posted an add. I noticed that dealer
adds with the same vehicle enable more detailed features than the private
seller adds, Inputs won't let me note that the engine is a "turbo", however it
only appears on the dealer adds.  Also your algorithms are not correct nor as
fair on my private party add.  I have it priced very aggressively, almost at the
auction MMR price, and very fair on KBB & NATA, yet my add shows high
priced. Your system is not calculating the data correctly, as it pertains to the
real market values.

2 Answers

244,015

Most ads are from dealers. If you make the mistake of using dealer prices your car will always show as overpriced.

Sorry. I used auction pricing on Manheim's site, KBB and NADA private party pricing. I guess they have a much broader data base in which to acquire more accurate sale comps. Opinions of pricing by the site, without having sufficient data to go off of, can be misleading to a potential buyer. This can drive down the ability of a buyer to make a fair offer, especially on a private party sale. I guess I'll just have to refer to more accurate #'s in the add description.

Your Answer:

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