How does a used car dealer value a car?

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How does a used car dealer value a car?

Post by mirsha2012 on Thu May 09, 2013 4:58 pm

How does a used car dealer value a car?
I often wonder how a used car dealer values a car on his lot. Does he just pull a price out of the air and hope someone pays him that or is there a precise algorithm he uses?
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mirsha2012
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