This useful resource serves as a information to estimate the price of pre-owned autos. These guides compile information on a variety of makes and fashions, contemplating components like mileage, situation, and gross sales historical past, to generate estimated costs. For instance, a person in search of to promote a 2018 Honda Civic can seek the advice of this sort of publication to establish a good market worth, aiding in setting an affordable asking value.
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, lowering the potential for value manipulation and making certain fairer transactions. Traditionally, such publications emerged as a response to the data asymmetry current in automobile gross sales, striving to stage the taking part in area between sellers and customers.