How Do you Calculate the "Instant Market Value" of a Car?
3 Answers
CarGurus analyzes over 2 million used cars a day to give you the Instant Market Value of any car.
CarGurus - that was a completely useless answer. I currently have a car for sale that is only a "fair" deal. While another vehicle, same trim level, same miles, same options is valued $2,000 higher. I don't know why and I'd like to know. The color seems to be the only difference, and the other car is for sale at a dealer. Are dealer cars valued higher?
That's exactly what the difference is. Dealer cars have been serviced and typically have a warranty. They are going to be higher valued than a privately sold vehicle.
