Used Car Prices

Used Car Prices

It moves folks What's left in the middle is where you'll find a fair market value." While this doesn't address the used car pricing problem entirely, it does remove the unrealistic numbers that many clutch to like the drowning to a life preserver. He states: "To find market value, you need to take all the pricing data you find for a particular vehicle and throw out the high and low prices. One of the most profound remarks I've heard to establish a better playing field for used car pricing comes from industry expert and owner of Medway Imports, Barry Roth. Since most sellers and buyers are going to try to interpret the market to his or her advantage, let's even the playing field.

 That being said, how do we interpret the market to determine fair market value? We'll call this "page" Fair Market Value. The answer is yes, but both parties have to be on the same page. If sellers are looking to get the highest price for the car they're selling, and the buyer wants to get the best deal possible, is there such thing as a fair used car price for both parties? What should we believe?

 Another puts it at $21,000. One web site places a retail value on a car at $18,000. When we turn to the web for prices, it gets even more elusive. But do these "help" in determining a vehicle's real value?

 We've all heard of Retail, Private Party and Trade-in values.  Used car prices are elusive, despite numerous attempts to harness them.