Research on the Influencing Factors of Used Car Price in the Market

As people are traveling longer and longer distance by now a transportation become a part of people’s life. The demand of car has been increased and many people do need cars to help them go to school, work, and purchase daily supplements. However, not everyone can afford a new car and a used car can be an option. Like people who just graduate from school or people need their own car but they cannot pay as much as the price of a new car. A used car can be cheaper and higher Cost-effectiveness to most of the customers. With many different used cars in the market, what is the best price for a used car and how can people predict the price of a used car can be a problem. This paper will mainly discus about the prediction on the used cars and the method that is used for predict used car price.