How can the instant market value of a used car be higher than the original MSRP

Asked by Sep 30, 2013 at 01:46 PM about the 2012 Ford Mustang V6

Question type: Shopping & Pricing

I have been looking for a Mustang for my son for a few months.  There have been several times that I thought I had found a great deal.  But when I looked up the original window sticker by the VIN, the advertised price was very close to the original MSRP.  The instant market value was grossly inflated.  There should be a way to factor in the original MSRP value for used cars that are only a few years old.

1 Answer

238,105

It would be nice, but your finding out that it doesn't pay to purchase a used car only 1-2 years old. Buying new with a warranty at cost is better. The dealers mark them up dramatically. The asking price is a starting point, as you can talk them down. I always wait at least 5 years till I would consider purchasing a used car. The IMV that is listed on this site is based on a avg. of asking prices of a certain vehicle, hence the higher price.

Your Answer

Add photo

Related Questions

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

Search Ford Mustang Questions

Ford Mustang Experts

#1 Tom Demyan
Tom Demyan
Reputation 4,300
#2 Bob Beaman
Bob Beaman
Reputation 1,210
#3 COMETGUY61
COMETGUY61
Reputation 1,060
View All

Related Models For Sale

Used Chevrolet Camaro
225 Great Deals out of 30,943 listings starting at $1,217
Used Dodge Challenger
184 Great Deals out of 24,169 listings starting at $8,800
Used Dodge Charger
407 Great Deals out of 28,172 listings starting at $1,988
Used Chevrolet Corvette
120 Great Deals out of 20,753 listings starting at $3,000
Used Ford Shelby GT500
554 listings starting at $23,500
Used Ford F-150
2,194 Great Deals out of 206,316 listings starting at $1,499
Used BMW 3 Series
974 Great Deals out of 31,729 listings starting at $1,000
Used Jeep Wrangler
277 Great Deals out of 18,163 listings starting at $2,950
Used Chevrolet Silverado 1500
1,718 Great Deals out of 175,751 listings starting at $1,250
Used Nissan 370Z
47 Great Deals out of 3,052 listings starting at $10,122
Used Honda Civic
656 Great Deals out of 88,603 listings starting at $995
Used BMW M3
45 Great Deals out of 1,517 listings starting at $5,800

Used Cars For Sale

2017 Ford Mustang V6 For Sale
3 Great Deals out of 4,711 listings starting at $18,779
2016 Ford Mustang V6 For Sale
22 Great Deals out of 718 listings starting at $16,991
2015 Ford Mustang V6 For Sale
7 Great Deals out of 397 listings starting at $15,500
2014 Ford Mustang V6 For Sale
14 Great Deals out of 732 listings starting at $10,495

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.