On your website, under the Car Values tab, if I look up a car I am considering buying by the VIM # it shows a Instant Market Value of 40498, if I enter the same year, mode, options etc... I get a Instant Market Value $50k. Why the difference?

Asked by Apr 10, 2015 at 03:59 PM about the Dodge Ram 2500

Question type: Shopping & Pricing

1 Answer

When you look it up by the VIN it doesn't know mileage or condition and uses an algorithm for averages. When you plug in a specific car and know mileage, condition, and the VIN doesn't know ALL options in the listing either. Area is important, a car that sells for $XXXX in 90210 Beverly Hills Calif will have a higher IMV than a poor area. But 10k is an awfully big difference, granted. That idk. I just tried it to see what would happen with my car. With the VIN it was over $2k higher than using all my information w/o VIN And it should be the other way around. I have low mileage for the year and it's mint, I taker care of that car better than I do my wife

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