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Edmunds True Market Value (TMV) calculations
Posted by AeroEd [Email] (more from AeroEd) on Wed, 11 Dec 2013 09:28:34
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Using Edmunds calculator spits out a TMV (in addition to Invoice and MSRP) with the following caveat:
The True Market Value® (TMV®) price is our exclusive method for calculating what others are paying for a xxx in Fort Wayne, IN (based on actual sales data from your region).
Would that "sales data" include any incentives that might have been available at the time of sale?
E.g., Volvo has a Customer Loyalty Program that would give $1k towards new car purchase. If what "others are paying" includes such an incentive, do I not then walk into the dealer with my TMV in mind, and expect to then also get the incentive? Even if it does include such incentives, do I perhaps assume that only some % of buyers used that incentive, and thus modify TMV before incentive accordingly (by some % of the incentive).
thanks
Ed
2007 9-5 Aero SC [60th]
2004 9-3 Aero
2005 9-5 Aero
2005 9-5 Arc
2002 9-5 Aero SW (taken out by Bambi)
1999 9-5 SE(6) SW (brief interim between the '02 and the '07)
1999 9-5 SE(4) (taken out by daughter on icy road)
p.s.
actually Volvo presently has a Bonus Loyalty discount, $2k off, until January 4.
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