According to Edmunds, the program has been getting great reviews. Four out of five users say they are “very satisfied” with their experience. About 73 percent of customers who received a Price Promise quote said the price on the certificate was the same or lower than what other dealerships were offering.
Is Edmonds com legit?
Edmunds.com has a consumer rating of 1.48 stars from 25 reviews indicating that most customers are generally dissatisfied with their purchases. Edmunds.com ranks 184th among Car Buying sites.
What is Edmunds suggested price?
The Edmunds Suggested Price is what we recommend you pay, not including taxes or fees. It is based on our analysis of millions of data points including supply, demand, incentives, options and recent nearby transactions. Start by looking up the car on the Edmunds.
What is the most accurate car appraisal site?
1. Kelley Blue Book. Whenever you’re looking to value your used car, Kelley Blue Book is the place to start. KBB has been valuing cars for the last nine decades and has an enormous amount of data to figure out the most accurate value of your used car.
Is Edmunds car value accurate?
No one site can be 100% accurate — they all provide estimated values. Both Edmunds and Kelley Blue Book are reputable sites that offer pricing information. The accuracy of an appraisal has a lot to do with the information the owner provides.
Is Edmunds suggested price accurate?
Is Edmunds TMV accurate? Yes, Edmunds provides accurate car pricing data by aggregating historical car prices sales in your zip code. Edmunds data is downloaded weekly from a dealer management system of 5,000 dealerships and dealer groups across the country. Edmunds receives information from roughly 25% of all U.S .
Are vehicles overpriced right now?
The average price paid for a used car went up by nearly $6,000 between February 2020 and June 2021, according to data provided to Insider by automotive research outfit Edmunds. Even five-, seven-, and nine-year-old vehicles now cost thousands more than they did in early 2020.
Are there any signature offers on Edmunds.com?
Edmunds Price Promise Another signature offer is Edmunds Price Promise. This is a way for buyers to save money when vehicle-shopping. This tool makes it possible to lock in a no-haggle price before going to the dealership.
What are the pros and cons of Edmunds?
The New Cars Price Quote is favorable because it allows customers to contact up to five dealers at once. Most car finder websites only offer three quotes. Edmunds True Market Value (TMV) helps customers figure out whether they should buy now or wait a month for prices to go down by predicting market trends for all car models every month.
How is cost of ownership determined by Edmunds?
Eight factors are taken into account, over the course of five years to determine the five-year cost of ownership: Edmunds also compiles all this exhaustive consumer data into an easy-to-read pie chart so you can see at a glance what problems you may run into after purchasing the vehicle.
When did the Edmunds.com website come out?
While Edmunds.com was launched in 1997, the Edmunds company was started in 1966 as a publishing company specializing in the consolidation of automotive specification data. Edmunds distributed printed booklets targeting car shoppers to help them make informed buying decisions.