Price analysis

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

Question type: General

What does price analysis mean in general?

1 Answer

5,435

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:

CarGurus Experts

  • #1
    Paul
    Reputation
    56,390
  • #2
    Gene Arnett
    Reputation
    46,950
  • #3
    Ed92626
    Reputation
    41,930
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.