Edit1 - not in the US but in a country with a relatively mature used car market where the ratio of used cars sold to new cars is 1.5:1. In comparison, the US has a ratio of 4:1.
I wanted to see if anyone knows what goes into an entity like kbb saying that a certain used car is fairly priced at X.
E.g., we looked at a year old used car with around 7500 miles on it. It was priced just 7% below the price of a identical new car. The first year depreciation curve of a new car says the sale price of a one year old used car should be 20% below new.
I’m wondering if HN can help me figure out whether the dealer’s 13% (20%-7%) is reasonable or has some wiggle in it.
In the US I see ads for car dealers that don't (as they usually do) list any inventory. Many of them advertise that they have trucks but don't say anything about cars. For this reason
https://en.wikipedia.org/wiki/Chicken_tax
US carmakers will stop making cars and only make trucks if they can at all get away it.