Are all used vehicles of the same year, make, and model the same?

Say you're searching on a site like Autotrader or KBB's Classifieds, and you see two used vehicles that seem identical, but are drastically different in price. What's the cause for this? Why do vehicles of the same year, make, and model, have such a range of values?

Been A While Since You Shopped For A Car? Be Prepared For "Sticker Shock"

How long has it been since you shopped for a car? A year? Two years? Ten? If it's been very long at all, you may be surprised when you see prices on currently available used vehicles.

We've seen steady, sizable increases in the prices paid for vehicles in the auction lanes for the last several years. This has led to a relative increase in our asking prices for the same styles of vehicles, which has led to some "sticker shock" in a lot of shoppers.