Why would two cars that are nearly identical with similar miles and offered in the same area have very different average market prices?

Asked by dpbrick Jul 03, 2018 at 03:20 PM about the 2011 Subaru Outback 2.5i Premium

Question type: Shopping & Pricing

It seemed to me that your "statistical" market price for my car was way lower
than it should be.  Nonetheless, I listed my car on CarGurus -- at more than
$800 over the "market" value.  Two weeks later and not one single inquiry.  
Now that my car is listed on CarGurus.com, though,  I see other cars that are
the same make model,year, and with similar mileage that are priced
significantly HIGHER than mine and are shown as "lower than market".  It
seems that your "statistical market" values are not consistent and maybe
even favor dealerships.

1 Answer

Bobillaw answered 6 years ago

I am having the same problem. How can I fairly price my car according to Car Gurus recommendations if I can’t trust you to deal fairly with all sales across the market. I would like an explanation for why the same car with all the same features and more miles can be a more fair deal at a higher price than my own. Is this system giving advantages to dealers? Is cargurus favoring one type of seller over another?

Mark helpful

Your Answer:

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