Why would cargurus.com post an "instant market value" of a vehicle that exceeds the original MSRP of the vehicle?

5

Asked by Aug 19, 2013 at 07:44 PM about the 2013 Ford F-150 SVT Raptor SuperCrew 4WD

Question type: General

I'm looking at purchasing a Ford F150 SVT Raptor.  When I looked at new ones, the salesman said I should expect to say "sticker" for the truck (aka MSRP), as these trucks are highly sought after and limited production models.  To try and save a few thousand dollars, I've been searching used ones.  And, because I'm looking for specific options, I've been using a Ford labels website, along with the vehicles VIN, to see the list of options.  On this original window sticker is the MSRP, and some of the dealers with used trucks for sale have values that exceed this new MSRP.  

I'm doing my homework looking for a vehicle.  It's frustrating to see a dealer asking more for a used vehicle with 12k miles than it was brand new.  It might be even more ridiculous for cargurus to call this truck a good value, as it's under their "instant market value".  But what takes the cake is I've seen it on at least two vehicles today, and one says it's a great deal.  

For those out there who want to use the instant market value tool, beware.

1 Answer

75

im the internet manager at KENNY NEAL FORD ! I WILL SELL U A NEW ORDERED ONLY RAPTOR FOR $500 OVER INVOICE CALL ME AT 417-548-3341 ASK FOR MARTY

Your Answer

Ford F-150 Experts

  • #1
    OJ
    Reputation
    9,450
  • #2
    dandyoun
    Reputation
    4,650
  • #3
    tennisshoes
    Reputation
    3,270
View All

Related Models For Sale

Used Chevrolet Silverado 1500
2,742 Great Deals out of 175,326 listings starting at $955
Used GMC Sierra 1500
1,227 Great Deals out of 64,899 listings starting at $999
Used Ford F-250 Super Duty
449 Great Deals out of 49,398 listings starting at $1,899
Used Toyota Tundra
701 Great Deals out of 34,374 listings starting at $1,500
Used Toyota Tacoma
724 Great Deals out of 45,868 listings starting at $2,500
Used Ram 1500
1,419 Great Deals out of 121,721 listings starting at $5,900
Used Ford F-350 Super Duty
384 Great Deals out of 27,227 listings starting at $3,000
Used Ford Mustang
600 Great Deals out of 39,962 listings starting at $1,895
Used Chevrolet Silverado 2500HD
395 Great Deals out of 30,738 listings starting at $1,995
Used Nissan Titan
283 Great Deals out of 17,826 listings starting at $3,500
Used Chevrolet Tahoe
829 Great Deals out of 42,143 listings starting at $1,987
Used Chevrolet Colorado
346 Great Deals out of 38,619 listings starting at $1,595
Used Ford Explorer
1,262 Great Deals out of 70,146 listings starting at $1,000

Used Cars For Sale

2018 Ford F-150 SVT Raptor SuperCrew 4WD For Sale
1,871 listings starting at $54,065
2017 Ford F-150 SVT Raptor SuperCrew 4WD For Sale
3 Great Deals out of 402 listings starting at $60,000
2014 Ford F-150 SVT Raptor SuperCrew 4WD For Sale
472 listings starting at $31,069

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.