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
59,245

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 1,290
#2 Robert Mitchell
Robert Mitchell
Reputation 410
#3 FordNut
FordNut
Reputation 310
View All

Related Models For Sale

Used Hyundai Santa Fe"
304 Great Deals out of 20,913 listings starting at $1,895
Used Mercury Mariner"
70 Great Deals out of 1,520 listings starting at $2,810
Used Honda CR-V"
565 Great Deals out of 38,664 listings starting at $1,850

Used Cars For Sale

2012 Toyota RAV4 Limited V6 4WD For Sale
10 Great Deals out of 229 listings starting at $18,769
2011 Toyota RAV4 Limited V6 4WD For Sale
8 Great Deals out of 265 listings starting at $15,800