can anyone answer this? i have been whatching this car for sale on here for about 3 weeks now. The below market value has gone back and forth, up to $1,038 to as low as $834 without the original price ever changing at all. Can anyone explain to why this would be happening?
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Asked by burgrat Nov 29, 2016 at 10:18 AM about the 2008 Mercury Sable Premier Sedan FWD

Question type: General

1 Answer
101,625

KenF answered 7 years ago

The price on the car is set by the seller and will never change unless they themselves change it. The "market value" will fluctuate as that is based on the average of what these care are currently selling for, just as blue book values are always changing. The term "below market value" is just a comparison of the seller's price to the market value, to inform you on how good a deal the seller's price is.

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