what is instant market value

Asked by AWAHL4902 Apr 07, 2013 at 04:18 PM

Question type: General

2 Answers

DavidH25 answered 11 years ago

Kind of self explanatory. It is how much money you could get selling your vehicle very quickly.

Mark helpful
176,035

tenspeed answered 11 years ago

From Cargurus Home......Instant Market Value is the estimated fair retail price for a vehicle based on similar listings in the market. We analyze millions of currently listed and recently sold cars to determine the Instant Market Value for a vehicle based on year, vehicle condition, trim, mileage, transmission, options, region and other factors.

2 people found this helpful.
Mark helpful

Your Answer:

Related Questions

Own this car?

Share your experience with others.
Write a car review

Shortcuts

Search General Questions

CarGurus Experts

  • #1
    Paul
    Reputation
    56,440
  • #2
    Gene Arnett
    Reputation
    47,000
  • #3
    Ed92626
    Reputation
    42,030
View All

Know more, shop wisely

Search

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.