Private sellers ask double the market value
Thursday, 24 February 2005
People selling cars privately are asking more than double the vehicle's real market value, research by used car database Cardata has found.

Analysis of a random sample of 50 popular models advertised privately found an average asking price of £1,716 over the recommended book price. Cardata marketing manager Andrew Sobell said: “People need to do their homework, and research a fair and accurate price - just as if they were looking to buy.”
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