Can you mansplain a cars SPV
This topic was created in the Miscellaneous forum by Astrobyn on Friday, January 25, 2019 and has 1 replies.
I’m in the process of thinking about a new car, I’ve narrowed down what car I want, and I plan to stock the internet for a few months till I’m ready to buy. I’m already familiar with the pricing, for said model, but I came across something that blew my mind.
Standard Presumptive Value
So I can go to the DMV website for Texas enter the VIN number, mileage and it spits me back out a SPV.
https://www.txdmv.gov/motorists/buying-or-selling-a-vehicle/title-check-look-before-you-buy
Some cars the SPV is 3K below what I figured was a great price based on my extensive internet search.
What is this SPV, should this be my target goal, or value that should not be trusted, and I should continue to worry about market value?
Standard Presumptive Value
So I can go to the DMV website for Texas enter the VIN number, mileage and it spits me back out a SPV.
https://www.txdmv.gov/motorists/buying-or-selling-a-vehicle/title-check-look-before-you-buy
Some cars the SPV is 3K below what I figured was a great price based on my extensive internet search.
What is this SPV, should this be my target goal, or value that should not be trusted, and I should continue to worry about market value?
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