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Newspaper
Fairfield Tribune
Location
Fairfield, Iowa, United States of America
Date
Aug 25, 1921
Page
4
Prices for second-hand cars reflect their actual value to buyers, not the asking price. An example shows a horse worth $500 to the owner but only $75 on the market, and corn priced at $1.00 may fetch 50c. Iowa dealers compile current used car values based on buyer demand, not seller expectations.
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