Factors that explain the price of used car in Germany

Instructions

The research paper is about 'Factors that explain the price of used car in Germany'. My topic has included factors are in the attached file, please check carefully.In this research paper, first, an explanation of the research question is asked.  Please provide a strong motivation as a proof to improve this topic's importance.Secondly, please provide more context about the market of used cars. This market is not equal to the market of new cars.Provide a review of relevant papers where the research question was studied before. The review must include at least 3 published papers. You must also list the references following the format is given in this example:Xavier X. Sala-I-Martin.I Just Ran Two Million Regressions. The American Economic Review 87, no. 2 (1997): 178-83.

Answer

Factors that explain the price of used car in GermanyStudies on this subject reveal that there are numerous factors which explain why the price of used cars varies. Andrews and Benzing (2007) outlines some of these factors through their study about prices of used cars. The cars they sampled through internet auctions the sold used cars. Relevant information is needed to analyze any decision-making problem. Since it is hard to collect data about interesting cars in an open used car market, emarkets help both the buyer and the seller in collecting and analyzing such data (Andrews &Benzing, 2007). While investigating the factors affecting the price of used cars, Gavazzsa et al. (2014) worked on a volume of the market of the used cars. Through examining the change from goods to goods from o...

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