Price Analysis accuracy?

10

Asked by GuruL24HX Apr 23, 2019 at 10:40 PM about the 2019 Mercedes-Benz GLE AMG GLE 43 Coupe 4MATIC

Question type: Shopping & Pricing

How accurate is the Price Analysis on new cars?  How about the Instant
Market Value for new cars?

I looked at a 2019 new car with an MSRP of $82K.  Edmunds put the TMV at
$78K and the invoice at $76K.  However, the CarGurus price analysis says the
IMV is $71K and a great deal is $66K.  So is a dealer really going to sell a
brand new, never titled $82K car at a 20% discount to MSRP and 13%
discount to invoice?

2 Answers

I would use the invoice price as a negotiating point. No dealer is going to discount 20% off of invoice.

10

Thank you F_O_R. I would agree. At this point and in this case, the CarGurus IMV and Price Analysis tool doesn't appear to be accurate.

1 people found this helpful.

Your Answer:

CarGurus Experts

  • #1
    TDolby
    Reputation
    220
  • #2
    Guru979YXJ
    Reputation
    130
  • #3
    Torcan1
    Reputation
    100
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Mercedes-Benz GLC
85 Great Deals out of 1,146 listings starting at $17,900
Used Mercedes-Benz GLS
11 Great Deals out of 159 listings starting at $26,912
Used BMW X5
50 Great Deals out of 1,199 listings starting at $3,900
Used Mercedes-Benz S-Class
15 Great Deals out of 224 listings starting at $8,887
Used Mercedes-Benz E-Class
43 Great Deals out of 500 listings starting at $5,700
Used Mercedes-Benz AMG GT
11 Great Deals out of 103 listings starting at $88,588
Used BMW X6
9 Great Deals out of 206 listings starting at $10,999
Used Mercedes-Benz G-Class
7 Great Deals out of 166 listings starting at $34,800
Used Mercedes-Benz C-Class
81 Great Deals out of 1,429 listings starting at $3,499
Used Porsche Cayenne
11 Great Deals out of 308 listings starting at $7,995
Used Land Rover Range Rover
13 Great Deals out of 312 listings starting at $11,977
Used Land Rover Range Rover Sport
28 Great Deals out of 662 listings starting at $6,999
Used Mercedes-Benz GLA
20 Great Deals out of 701 listings starting at $10,990
Used BMW X6 M
3 Great Deals out of 49 listings starting at $19,995
Used BMW X7
16 Great Deals out of 242 listings starting at $45,998

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.