I started by examining the dealer sold prices for the 2020 Mitsubishi ASX 2.0L MIDLINE, which is the same variant as the car to be estimated. The prices ranged from AED 53541.5 to AED 59491.5, with the most recent sale on 2023-11-08 for AED 56941.5. The car to be estimated has a higher mileage of 73651 km compared to the sold cars, which had mileages ranging from 45957 km to 70258 km. Given the higher mileage and average condition, I adjusted the price downwards. The accepted offer for a higher variant (Top) with higher mileage was AED 45500, which provides a lower bound. Considering these factors, I estimated the market price slightly below the lower end of the MIDLINE sales to account for the higher mileage and condition.