how is 'instant market value' derived?

Asked by Apr 28, 2013 at 11:53 AM

Question type: General

how is your 'instant market value' derived?

1 Answer


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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