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When the current prices of two identical M-series Mercedes are compared across two geographic markets - West and South - an attractive location arbitrage emerges, due largely to the differences in cost of operations (e.g., the cost of operating a dealership in the Bay area is expected to be considerably higher than those in the competing South). Of course, for an average consumer, the cost of transportation and logistics vastly lessens the economic allure.
Those who are into data science or modeling can learn more about it from my recent book "Pricing Pre-owned Auto Market - A Hedonic Modeling Approach" available on Amazon (search 'Sid Som's Books').
I produced these sample valuations at JustAutoValue.com as I own and operate it, to avoid having to deal with any copyright issues. The site produces these values in less than 60 seconds or less and is also mobile-friendly so no additional Apps are needed. Try out your own subject pre-owned Car, SUV or Pickup. It's totally FREE and NO login/registration of any sort is required. Nearly 90 Major Brands are currently covered.
Those who are into data science or modeling can learn more about it from my recent book "Pricing Pre-owned Auto Market - A Hedonic Modeling Approach" available on Amazon (search 'Sid Som's Books').
I produced these sample valuations at JustAutoValue.com as I own and operate it, to avoid having to deal with any copyright issues. The site produces these values in less than 60 seconds or less and is also mobile-friendly so no additional Apps are needed. Try out your own subject pre-owned Car, SUV or Pickup. It's totally FREE and NO login/registration of any sort is required. Nearly 90 Major Brands are currently covered.
Just click on the Brand of your choice on our homepage and follow the prompt. If you need help, use 'TRY IT' from the homepage. Here is the link to JustAutoValue.com:
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