Question
True Market Value (TMV) Pricing
What is True Market Value (TMV) pricing and where can I find it on your site?
Answer
Edmunds' True Market Value® (TMV®) pricing system helps you determine the average transaction price, or “what others are paying,” for new or used vehicles in your area so that you can begin your negotiations with a fair price in mind.
Check out our article "TMV: The Magic Number" for more details.
How to Find TMV®
For new vehicles, please see How to Price a New Car.
For used vehicles, please see How to Price a Used Car.
Unfortunately, we are not able to provide TMV® prices for the following:
What’s Included? Our TMV
® pricing system estimates a vehicle’s average transaction price, not its “out the door” cost. Therefore, TMV
® prices
DO take into account any incentives and fees that may affect the transaction price, including:
- manufacturer-to-dealer incentives (i.e. dealer cash)
- destination charges
- advertising fees (when applicable)
However, TMV
® prices
DO NOT include the following incentives and fees that are typically applied
after a transaction price has been determined:
- manufacturer-to-consumer rebates (i.e. cash rebates)
- sales tax
- license/registration fees
- dealer title/documentation (“doc”) fees
For more details, please see our articles "
How to Use TMV®" and “
What Fees Should You Pay?”
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