The Edmunds Pricing Analysis gives users a snapshot of available used cars for sale in their area and a means of determining the competitiveness of each price. By visually comparing used cars, trucks, and SUVs based on price and mileage, users can quickly determine whether particular listing is a good deal.
How does it work?
Local car prices are displayed vertically, with higher-priced cars and trucks for sale on top and lower-priced cars and trucks for sale on the bottom. The mileage of local cars and trucks for sale is depicted horizontally, with lower-mileage cars and trucks on the left side and higher-mileage cars and trucks on the right side.
Shoppers can use this graph to quickly identify the best used car values in their area. Generally speaking, the best deals are the lower-priced and lower-mileage vehicles that fall into the lower left-hand quadrant of the graph. However, higher-priced cars may be worth considering if they have more options than lower-priced cars.
Conveniently, the Edmunds Pricing Analysis labels each local car or truck for sale as a Great Deal, Good Deal or Fair Deal based on local market pricing. 15% of the used inventory currently listed on Edmunds is a Great Deal. We've analyzed thousands of similar transactions and listings to find these deals.
Shoppers should weigh this data carefully when selecting a vehicle, as it is merely a guide. There are other factors that can significantly affect a car's value, including condition and vehicle history.