Car Auction: R

Overall, we can see that there is a negative relationship between the mileage of a car and it’s sale price. The more miles on the car, the lower the price. There are a few outliers for high sale price, most are under 40,000 models with one exception a Corvette with approximately 65,000 miles.

Corvettes had lower sales prices than other car models, thought it did have more outliers (higher selling cars). The most expensive car sold was a Mustang. Camaros had the largest distribution of the car models sold, it also had the highest median price of $27,500.

Monterey had the highest prices for cars sold at auction compared to other Auction locations, with a median sale price of $88,000. Louisville had the lowest sales prices, with a median price of $14,300.

The older the model year of the car, the more the car sells for on average.

Standard (or Manual) cars sell for more than automatic cars on average.