What does IMV mean in relation to price?

Asked by CREATIVE1945 Aug 21, 2019 at 11:42 AM

Question type: Shopping & Pricing

What does IMV mean in relation to price?

2 Answers

9,690

IMV is Cargurus way of giving the consumer a basis for pricing of vehicles. Instant Market value. It's based on other vehicles for sale from the ads, price, condition, mileage, etc. It's a guideline is all.

1 people found this helpful.
291,205

Basically it is the average price for your car based on other cars for sale. CG's takes in to account such things as condition and miles etc.

Your Answer:

Get More Money for Your Car
Be seen by 30 million shoppers. Create Your Listing

Chevrolet Experts

  • #1
    Rowefast
    Reputation
    40,330
  • #2
    G A Arne
    Reputation
    33,570
  • #3
    Andrew Olsen
    Reputation
    32,190
View All

Find great deals from top-rated dealersTM

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.