How do you arrive at fair value on your used car listings?

Asked by ajithutheesing Jul 14, 2017 at 09:08 AM about the 2007 Bentley Continental GTC

Question type: Shopping & Pricing

I am looking at your 2007 Bentley convertible offered at Bentley Motors of
Greenwich CT - shown to be priced at about $4900 over fair value

4 Answers

9,420

It's based on the features the cars has, the miles, age, and other cars like it are available for sale nationwide. If you are not sure about the value, check NADA or Kellybluebook. I personally like NADA because Kelly blue book doesn't consider supply/demand or what other cars are for sale like it. Example is a 2013 CX-5 mazda I had. The value kelly blue book gave was 11,000 private party in good condition. The car in 'good condition' for sale at both dealers and craigslist were around $14,000 so it was completely off.

I realize that BlueBook, NADA, and Edmunds are typical sources for popular used cars with enough activity to arrive at a "market price". I pointed out earlier that a 2007 Bentley with 18,000 miles on it is much more difficult to value - with very little historic market activity. So I am still puzzled as to how CarGuru arrives at below/above "fair value"

35

I agree with your previous answers. Ultimately it depends on what you're willing to pay but the seller is willing to sell the car for. Remember they made more than one.

Your Answer:

Continental GTC

Looking for a Used Continental GTC in your area?

CarGurus has 22 nationwide Continental GTC listings starting at $410,027.

Postal Code:

CarGurus Experts

  • #1
    Robert Trevino
    Reputation
    30
  • #2
    CarChick05
    Reputation
    10
  • #2
    Gary Trexler
    Reputation
    10
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Bentley Continental GT
37 listings starting at $375,577
Used Mercedes-Benz S-Class
15 Great Deals out of 224 listings starting at $8,887
Used Mercedes-Benz SL-Class
8 Great Deals out of 129 listings starting at $9,900
Used Porsche 911
10 Great Deals out of 331 listings starting at $20,988
Used Chevrolet Corvette
36 Great Deals out of 992 listings starting at $19,500
Used Mercedes-Benz G-Class
7 Great Deals out of 166 listings starting at $34,800
Used Maserati GranTurismo
3 Great Deals out of 24 listings starting at $37,777
Used Land Rover Range Rover
13 Great Deals out of 312 listings starting at $11,977

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.