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by dan-jackson 1770 days ago
how long ago did you sell the rx-8? sounds like you should have sold it on driverbase for 8X!

it's a sellers market right now: https://driverbase.com/company/wp-content/uploads/2021/07/us...

we want to share a realistic estimate for the consumer based on market conditions (which are changing rapidly) and then let dealers make offers based on their interest in your vehicle.

thanks for the input especially on low-trust details. critical.

digging into the valuation a bit and noticed some similar listings:

here is a 2005 rx-8 for $9,000: https://driverbase.com/vehicle/6465715/2005-mazda-rx-8-in-mu...

and a 2004 rx-8 for $7,750: https://driverbase.com/vehicle/5204369/2004-mazda-rx-8-in-sh...

1 comments

Just because a car is advertised for $X, doesn't mean it is worth $X, especially as both cars you linked have been for sale for over 4 months. If a car hasn't been sold for 4 months, you are asking too much.
agree. we also use recent similar transactions to generate a market appraisal. this is why we are offering an estimate but the real price discovery happens when/if a dealership makes an offer to buy your vehicle. our market value is just a reference price... dealers have a unique willingness to pay for each available vehicle. some will pay above market and pickup your car from your house without an inspection right now while others will ask you to bring the vehicle to the dealership before they will buy it and only pay fair market value after verifying it's condition.