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ALY-6040

Project Introduce

  • The United States is the largest used car market
  • The used car market is developing in an orderly manner, with a complete system, and is generally recognized by consumers
  • As a consumer, what is the most cost-effective choice when buying a used car
  • As an operator of a used car company, how to maximize benefits

Project Goal

  • Find out factors that could possibly impact the price of the vehicles in the used car market
  • Indicate factors that could help stakeholders
  • Make suggestions to stakeholders

conclusion

  • The model should be optimized before business forecasting
  • The most popular type of vehicles have the following features: small size, classic colors (black, white, grey and silver), clean title, U.S. made, and gas as the fuel type.
  • The differences in automobile features could lead to different prices in the used car market.

Call Action

  • For automobile companies and dealers: emphasize these most popular features in future designs and showings
  • For customers: flexibly decide the features when buying a vehicle

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