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What is a cars book value?
Asked by unknown
1 Answers
Car book value is a reference value of the car that is being sold or being bought. It is the widely accepted industrial guideline to set the purchase price of the car. The book value of a car is determined through negotiation between the seller and the buyer depending on several factors such as the cars condition, market prices, depreciation value,
What does dealer value mean?
Asked by unknown
1 Answers
A dealer value indicates the price you could reasonably expect to pay to purchase a vehicle from a professional vehicle dealer. Dealers will often bring cars up to a marketable standard, both mechanically and aesthetically, as well as provide warranty coverage post-sale. These inclusions are not generally provided by private sellers.
What is the wholesale value of a car?
Asked by unknown
1 Answers
The wholesale value of a vehicle is the value that a dealer would pay to purchase it from a car manufacturer. In the case of trade-in vehicles, the wholesale price might also be the price a dealer would pay to purchase the vehicle from a dealer auction.