Figuring out a Fair Price of a Used Car in a Data Science Way

The whole journey of using DS methods to calculate a fair price for a used car.

Kirill Lepchenkov
Towards Data Science
12 min readDec 12, 2019

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Introduction

What is an ordinary way of figuring out the price for a used car? You search for similar vehicles, estimate the rough baseline price and then fine-tune it depending on the current…

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Data scientist, laser physicist. I write about academic methods and practices in the service of a commercial data science.