£4k above average price seen as fair?

[r1monkey]

So I have been looking at Jag F types on Auto trader and i just don’t get how they can put in their price evaluation on cars that they are a fair price,when they put down that a car is £4000 above market average.
Is £4000 now considered a small amount of money to be overpriced?

[r1monkey]

it’s on £40k cars so 10% above the price that is expected to be obtained going by A.T prices for sold cars.
I know that I can filter out the cars that are overpriced but it actually tells me in the advertisement that the car is £4000 to much.
I have rung a couple of dealers to see if they have a better price due to their prices being higher than the market suggests and they say they will sell the car no problem,yet I see the same car for sale 6 months later.

[r1monkey]

Jamescrs said:

I wouldn't trust autotrader's opinion on the price as they seem to be able to have two very similar cars of the same age, near enough same mileage, sepc etc and will say one is fair and another is overpriced. I suspect their algorithms are off but others think it depends how much the trader is paying in advertising revenue.

either way i'd ignore the AT valuation ratings and judge each on it's merits

I think you might be onto something there with the trader revenue part.
Two cars advertised by Jag dealers were on as “Expensive” for the first day on A.T ,yet they had been changed to “fair price “ the following day.
I guess that the dealers rang up and asked for the ratings to be altered which would seem “unfair “ to me if you get the pun.

[r1monkey]

That is exactly what my post was meant to say.
I class fair as a price that is the average of sales so it is fair to both the buyer and seller.
I also think that some private sellers are in cloud cuckoo land as they see dealer prices and think that they should advertise their car at the same price. Even when every car valuation site tells them what to advertise at