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It's a common situation: you find yourself about to pay for something with no idea what a reasonable price might be. Seems to me that this is where the shared wisdom of the forum can work for everyone's benefit.


To start us off - I'm about to get a scratch over a wheel arch resprayed. Never had summat like this done before and so have no idea how much I can expect to shell out. What do you lot think?

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https://www.eastdulwichforum.co.uk/topic/3925-what-would-you-pay/
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There's a logic behind the question. In a recent book "The Wisdom of Crowds" the author James Surowiecki argues that crowds of even uninformed people can make better decisions than a single expert.


One example, often seen at a village fete, is to ask people to estimate the weight of a cake, or the number of marbles in a jar. The collective average of the many "guesses" is invariably very close to the right answer - while the range of answer (ie single opinion) is often at a wide variance to the correct answer). Another is how, in a crowded street huge numbers of randomly selected and unrelated people can thru' a series of equally large but independent decisions ensure that few if any people are bumped, crowded off the pavement and that people traffic continues to flow - contrast this with police or traffic lights managing traffic at an intersection with the same intersection "managed" by a roundabout when individuals decide when to move / not move.


For what it's worth my guess for a wheel arch respray is ?150.00 (at a recognised dealer) or ?75.00 at a back street archway dealer.

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