Why are cars with nearly identical options/miles, etc. Valued with drastically different values? Are cars at dealerships valued higher than those being sold by private parties?

5

Asked by GuruW5MCV Jun 02, 2018 at 12:28 PM about the 2014 Audi Q7 3.0 TDI quattro Premium Plus AWD

Question type: Shopping & Pricing

I have a car for sale, at the current price it's a "fair" deal only $685 below
market value.  However a dealership in town has a nearly identical vehicle
(same year, trim level, engine, color) and the dealer car has 2,000 MORE miles
than mine.  Yet the dealer car is a "good" value at $2,000 below market
despite the fact that it has more miles than mine and is priced $1,000 higher
than mine.  What the heck is going on!?  

2 Answers

35

My quess: dealer price is always higher than a private sale price. Dealers may offer pre sale inspection, warranty, etc.

4,980

Dale's answer is good, dealers are a business and usually have a lot more invested in their vehicle's than individuals do. Can't really compare.

Your Answer:

CarGurus Experts

  • #1
    DPR363
    Reputation
    1,730
  • #2
    vietle
    Reputation
    1,310
  • #3
    parekhrb
    Reputation
    840
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Audi Q5
57 Great Deals out of 1,261 listings starting at $943
Used BMW X5
63 Great Deals out of 994 listings starting at $5,977
Used Acura MDX
44 Great Deals out of 893 listings starting at $5,999
Used Volvo XC90
19 Great Deals out of 556 listings starting at $8,995
Used Porsche Cayenne
16 Great Deals out of 270 listings starting at $7,888
Used Audi A7
6 Great Deals out of 57 listings starting at $12,900
Used Jeep Grand Cherokee
114 Great Deals out of 3,641 listings starting at $5,555
Used Audi A8
40 listings starting at $18,499
Used Land Rover Range Rover Sport
40 Great Deals out of 563 listings starting at $6,999

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.