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Metrics

Price to Market (P2M)

A comparison of a vehicle's price against the average price of similar vehicles in the local market.

Definition

Price to Market (P2M) is a percentage that indicates how a vehicle's price compares to the average asking price of similar vehicles (same year, make, model, trim) in the dealer's local market. A P2M of 100% means the vehicle is priced exactly at the market average. Dealers use this metric to price competitively while maximizing profit, often aiming for a "sweet spot" (e.g., 98-102%) depending on their strategy and the vehicle's desirability.

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