I realize that this question has been probably asked 100 times, but what is the percentage number below Instant Market Value should someone offer a dealership for a vehicle and would that change depending on how long the vehicle has been on CarGurus?

RJBowden
0

Asked by RJBowden Mar 14, 2013 at 11:07 PM about the 2010 Toyota RAV4 Limited V6 4WD

Question type: Shopping & Pricing

2 Answers

judge_roy
Not Active

It is based on national average, with adjustment to your location.

tenspeed
68,585

It doesn't matter how long a vehicle has been on CarGurus. Instant market value is a average price that the vehicle has been selling for. As a buyer, you want to spend less than the average. Rough guess on the percentage would be to offer 80-90% of the asking price.The dealer should counter offer. A private seller might be offended and not respond.

Your Answer

Add photo

Related Questions

Search Toyota RAV4 Questions

Toyota RAV4 Experts

#1 Tom Demyan
Tom Demyan
Reputation 1,650
#2 FordNut
FordNut
Reputation 570
#3 Robert Mitchell
Robert Mitchell
Reputation 560
View All

Related Models For Sale

Used Honda CR-V"
572 Great Deals out of 49,334 listings starting at $1,288
Used Toyota Highlander"
407 Great Deals out of 14,036 listings starting at $3,500
Used Toyota Camry"
1,324 Great Deals out of 74,060 listings starting at $1,200
Used Nissan Rogue"
448 Great Deals out of 38,171 listings starting at $4,995
Used Toyota Corolla"
1,058 Great Deals out of 51,596 listings starting at $1,800
Used Toyota 4Runner"
201 Great Deals out of 10,920 listings starting at $700
Used Ford Escape"
1,110 Great Deals out of 60,539 listings starting at $1,400
Used Subaru Forester"
195 Great Deals out of 23,089 listings starting at $1,000
Used Honda Accord"
1,057 Great Deals out of 71,565 listings starting at $999
Used Honda Pilot"
177 Great Deals out of 10,586 listings starting at $2,999
Used Nissan Murano"
290 Great Deals out of 19,089 listings starting at $1,500
Used Hyundai Santa Fe"
351 Great Deals out of 22,283 listings starting at $900
Used Toyota Tacoma"
455 Great Deals out of 25,547 listings starting at $2,499
Used Honda Civic"
763 Great Deals out of 56,891 listings starting at $990

Used Cars For Sale

2012 Toyota RAV4 Limited V6 4WD For Sale
20 Great Deals out of 373 listings starting at $16,940