“Honest” Base Price
Concerning "honest" base price and other novel numbers...
For the first time ever, the user can instantly match apples with apples in all relevant Supermini categories, including included equipment.
Suppose two Superminis are identical in every imaginable respect, except that one comes with all wheel drive, automatic transmission and side impact air bags at 10.000 Euros and the other does not at 9.950 Euros.
Obviously, the 10.000 Euro car is the better buy, all other things being equal.
Since in real life all other things, such as quality of workmanship, reliability, or economy, etc., are never equal, “Honest” Base Price is only one considerable value-affecting factor, although an important one. It matches the average values of some important equipment included in various cars respective base prices. At times, we might find that while the listed base price of comparative automobile “A” is less than that of competitor vehicle “B”, once we equip Supermini “A” with the options “B” has already included in its base price, “A” will actually cost more!
Carvalu.com™ may have studied/calculated values of qualities and items such as “Overdrive automatic transmission with lock up,” or “Four wheel disc brakes with four wheel anti-lock braking system,” under “PERFORMANCE,” or SAFETY,” etc., but most of the following value-affecting factors are specifically incorporated in our “Honest” Base Price consideration:
ADJUSTABLE TILT HEAD-RESTS
ALL WHEEL DRIVE
AUTO SEAT BELTS
AUTOMATIC DAY/NIGHT MIRROR
AUTOMATIC CLIMATE CONTROL
CARGO TIE DOWN
CELL PHONE WIRING
CENTRAL LOCKING SYSTEM
CHILD SAFETY REAR DOOR LOCKS
CHIME HEADLIGHTS WARNING
DELAY OFF LIGHTS
DRIVER FOOT RESTS
DRIVER EXPRESS WINDOW
DUAL TEMPERATURE AIR CONDITIONING
ENGINE BLOCK HEATER
ENGINE OIL COOLER
EXTRA INTERIOR LIGHTS
FOUR WHEEL DRIVE
FULL SIZE SPARE TIRE
HEATED POWER MIRRORS
HIGH QUALITY SOUND
ILLUMINATED VISOR MIRROR(S)
INTERMITTENT REAR WASHER/WIPER
KEY PAD ENTRY
LEATHER WRAPPED STEERING WHEEL
POWER MIRRORS WITH MEMORY
POWER SEATS WITH MEMORY
POWER LUMBAR SUPPORT
POWER ADJUSTABLE PEDALS WITH MEMORY
POWER DOOR LOCKS
REAR AIR CONDITIONING/HEATER OUTLET
REAR FOLDING SEATS
REAR AUDIO CONTROLS AND HEADPHONE JACKS
REMOTE KEYLESS ENTRY
REVERSE SENSING SYSTEM
SIDE IMPACT AIR-BAGS
SLIDING REAR WINDOW
SPARE TIRE COVER S
TAINLESS STEEL EXHAUST
THEFT DETERRENT SYSTEM
TILT/TELESCOPIC STEERING WHEEL
VARIABLE ASSIST POWER STEERING
WHITE DESIGN TIRES
WOOD INTERIOR TRIM.
A Good Idea by the Esteemed Competition
A leading cost guide does advocate the consideration of “ownership cost information” as being an important element of value. They are on the right track.
If two cars are priced identically but their operating costs differ greatly, the consumer (and the car maker) should know about this.
Of course, the attribute of “ownership cost” is only one of a very great number of value-affecting factors we should consider. Since it is partial, value determination based on selective facts is misleading and unscientific. “Honest” Base Price is no exception. Comfort, safety, style, reliability, workmanship and performance are some other elements that must be studied in toto for determining the true monetary worth of an SUV.
Weigh just how helpful is it to know if a specific Supermini has low maintenance cost, if we do not know how safe, reliable and comfortable it is? When buying or leasing, the contemplation of any single attribute is valid only on the basis of “ALL OTHER THINGS BEING EQUAL,” which is… never.
In other words, simply listing in a vacuum correct statistical figures for “depreciation,” or “maintenance” is not nearly enough for at least two reasons:
Without Non-Subjective Valuing®, neither the consumer nor the manufacturer is able either:
1. accurately and rapidly to determine the relative importance of the hundreds of relevant value-affecting factors or
2. to understand in context what these numbers mean.
Where is the yardstick in other buying guides?
For instance, safety is more important to most of us than resale value, yet by precisely what amount to the community, and by exactly what degree to a specific individual? And how do all these differences in facts and their respective relative importance levels translate into distinctive dollar values?
Only Non-Subjective Valuing® has the answers.
(*) Carvalu.com TM discernment based on our patented calculation methods and concepts.
No dishonesty is implied.
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