Define "instant markt value"

Asked by Kay Jul 12, 2012 at 04:29 PM about the 2005 Chrysler Crossfire Limited Roadster RWD

Question type: General

I see the instant market value as a standard feature on your site. How is this dollar amount determined? Not via KBB?

1 Answer
176,165

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.

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