Why are CarGurus suggested market prices much lower than the other vehicle buying sites?

Asked by Sep 20, 2016 at 03:54 PM

Question type: Shopping & Pricing

Please explain how CarGurus arrives at their market values for vehicles.

2 Answers

28,935

https://www.cargurus.com/Cars/price-trends/

21,105

The other buying sites (many are ran and designed by and to produce sales at favourable prices for dealers. Many years ago it was not hard to get your hands on the "Black book", now its closely guarded. I go to dealer only auto auctions with a friend (dealer) and it is highway robbery the mark up on these used cars and many are wrecked.

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