Price analysis

Asked by Marii34 Jan 11, 2018 at 07:24 AM

Question type: General

What does price analysis mean in general?

1 Answer

4,615

It is an analysis of the price in your market. For example, the Instant Market Value here indicates what cars similar to yours are going for, or if you are buying, what cars similar to what you are looking to purchase are selling for. I have noticed that it can really be skewed sometimes, but usually it's somewhat close.

1 people found this helpful.

Your Answer:

Shortcuts

General Experts

  • #1
    F_O_R
    Reputation
    93,990
  • #2
    COMETGUY61
    Reputation
    51,990
  • #3
    G A Arne
    Reputation
    37,900
View All

Find great deals from top-rated dealers

Search

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.