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In 2011, two years after launching a similar service for new vehicles, the company launched a used car inventory search tool, allowing users to compare vehicles in their market. [12] Edmunds.com launched its first TV advertising campaign in select markets in 2012, before expanding nationally in 2013. [ 13 ]
Depending on where you live, it's possible you might be paying more money to purchase a used car. Read More: 6 Cars That Seem Expensive but Rarely Need RepairsFind Out: 7 Unusual Ways To Make Extra...
At the time of writing, the home was listed for sale at $375,000, which is close to the national median price. Here is how several leading tools estimated its value, ranging from well below list ...
In April of last year, Bloomberg reported that a used car price collapse was imminent as a result of factory shutdowns and decreased new-vehicle demand. Additionally, as rental car companies like...
Estimation (or estimating) is the process of finding an estimate or approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable. The value is nonetheless usable because it is derived from the best information available. [1]
Hedonic modeling was first published in the 1920s as a method for valuing the demand and the price of farm land. However, the history of hedonic regression traces its roots to Church (1939), [3] which was an analysis of automobile prices and automobile features. [4] Hedonic regression is presently used for creating the Consumer Price Index (CPI ...
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