First, I considered the selling price of a 2023 Chevrolet Tahoe 5.3L V8 4WD LS variant, which sold for AED 180,000 in May 2024. This car is newer and in better condition than the target car. Next, I looked at the new car prices for the 2025 Chevrolet Tahoe RST 4WD, which starts at AED 303,000. The target car is a 2022 model, so I applied a depreciation rate of 15% per year for two years, resulting in a depreciation of approximately 30%. This gives an estimated value of around AED 212,100 for a new 2022 RST model. I also considered an offer accepted for a 2022 Chevrolet Tahoe LTZ 4WD at AED 238,000, which is a higher trim than the RST. Given the target car's average condition and higher mileage, I adjusted the estimate downwards. Taking all these factors into account, I estimated the market price for the target car.