Which of the following would best reflect the current value of a dark green 2005 Subaru Outback, rated in good condition with 75,000 miles on it, located in Denver, Colorado?
A)the price of a dark green 2005 Toyota RAV4 rated in good condition with 100,000 miles on it, located in Denver, Colorado
B)the price of a dark green 2005 Subaru Outback, rated in good condition with 65,000 miles on it and located in Fairbanks, Alaska
C)the price of a dark green 2005 Subaru Legacy sedan rated in good condition with 70,000 miles on it, located in Golden, Colorado
D)the price of a red 2005 Subaru Outback rated in good condition with 83,000 miles on it, located in Fort Collins, Colorado

Question

Quizplus · Accepted Answer

The best reflection of the current value of a specific vehicle is the price of the same model, in similar condition, with a similar mileage, even if the color is different. Option D offers the closest match in terms of model, condition, year, and geographical location, despite the difference in color and slight difference in mileage.

Which of the Following Would Best Reflect the Current Value