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Illustration for Fair Value of Second Car

Fair Value of Second Car

You are planning to sell your car. A friend is interested to buy this model.

You need to assess the fair value of car.

You both approach a dealer and discover that dealer will buy your car at $500 and will sell the same model ,on as is where basis, at $600.

What car price would you like to agree to sell with friend?

Photo Adaptation : https://pixabay.com/vectors/car-vehicle-automobile-auto-310953/
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