This useful resource serves as a information to estimate the price of pre-owned automobiles. These guides compile information on a variety of makes and fashions, contemplating elements like mileage, situation, and gross sales historical past, to generate estimated costs. For instance, a person searching for to promote a 2018 Honda Civic can seek the advice of this kind of publication to determine a good market worth, aiding in setting an inexpensive asking worth.
The importance of those assets lies in selling transparency and knowledgeable decision-making throughout the secondary automotive market. They empower patrons and sellers with goal information, decreasing the potential for worth manipulation and guaranteeing fairer transactions. Traditionally, such publications emerged as a response to the data asymmetry current in automotive gross sales, striving to degree the taking part in area between sellers and customers.