Why do you call something a "poor deal" when the price is below the instant market value?

Asked by Feb 11, 2013 at 05:35 PM

Question type: Shopping & Pricing

4 Answers

26,775

The "Poor Deals" that I've seen are usually associated with higher mileage and/or older cars with too high of a selling price ...or simply a Dealer who is blatantly price gouging (compared to other Dealers) regardless of the year or miles on the car.

26,775

Also, I'm thinking the car you're looking at would have to have considerably high mileage for the particular year you're looking at if it's rated Poor Deal and $$ is below the IMV...only thing that would seem to make sense, since Car Gurus doesn't factor in data from Car Fax, etc. Might be the trim level, maybe??

It's never a poor deal if you get exactly what you've been looking for!

the 'instant market value' is full of crap! My wife's car has 100,000 miles on it and sounds and drives like it's on the showroom floor. My mini is "instant valued" at 11,000. It has 33,000 miles on it, still owe 14,000. is this 'instant market' saying that I'm a FOOL now. Don't like it. Can't trust it. Go with what your heart tells you is right!

Your Answer

Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Shortcuts

Shopping & Pricing Experts

  • #1
    Tom Demyan
    Reputation
    16,320
  • #2
    F_O_R
    Reputation
    7,270
  • #3
    COMETGUY61
    Reputation
    5,910
View All

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.