How do you determine the instant market value?

30

Asked by Jul 03, 2012 at 10:38 AM about the 2009 Ford F-150 XLT SuperCab SB

Question type: Shopping & Pricing

I think the instant market value listed should be accurate. The vehicle I looked at has a value around $5000.00 less than what is listed.

6 Answers

242,205

Under the FAQ's as shown on the bottom of this page. What is the "Instant Market Value"? Put simply, 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, trim, mileage, transmission, options, region and other factors.

10 of 10 people found this helpful.
295

An easy way to find your instant market value is visiting this link. http://www.fromcartofinish.com/home_from_car_to_finish From there, you can enter the info of your vehicle then click submit. Now you can find the instant market value of your car. It may not be 100% accurate, but it's pretty close. If you have any questions, i'll be happy to answer them.

4 of 4 people found this helpful.
30

I did as you said and you validated my point. http://www.fromcartofinish.com/home_from_car_to_finish DOES NOT have an instant market value for VIN: 1FTRX12899FA69288 at $25505.00 like you do, They value this vehicle for a clean retail at $20800.00. Again I ask: How do you determine the instant market value? Your analysis of millions of currently listed and recently sold cars doesn't seem to determine the Instant Market Value for a vehicle based on year, trim, mileage, transmission, options, region and other factors or the numbers wouldn't be this far off.

3 of 3 people found this helpful.
242,205

You might look at other sites, like www.kbb.com or www.nada.com, to get more values. But then again, they rate things different too and come up with different prices. So as was stated above all these site do is get you in a ballpark of worth, and it a bargain tool for the dealer and you to sell or purchase a car. The ultimate value price is what you end up paying, not what any site says it's worth or what it is listed at.

5 of 5 people found this helpful.
40

I was curious about this also for the following reason: A car appeared on cargurus.com in early August. According to the analysis it was $4,323 above the market value. I saved a snapshot of the graph. The dealer has since dropped the price of the car by about $3K and cargurus now says it is below market value? Huh? I examined the new graph and it has some different data points on it. These lead to a different linear fit and a different estimate of the current market value. It is worth pointing out that the car in question has over 100K miles and in the original graph there was only one car in that range. In the new graph there are no comparables with more than 75K. All of this just points out that these current market value estimates should be taken with a grain of salt --- frequently examining the CarFax reveals interesting information that can be used as a bargaining tool (or make one avoid the car entirely!). Allan

4 of 4 people found this helpful.
10

"We analyze millions of currently listed and recently sold cars to determine the Instant Market Value for a vehicle based on year, trim, mileage, transmission, options, region and other factors." From all the research work I have done over the past weeks using this site as my base, I'm sorry, but I'm not buying this statement...at least exaggerated if not worse. I welcome your counter, you have my email address...

1 of 1 people found this helpful.

Your Answer

Add photo

Related Questions

  • How do you determine the instant market value? 6 answers

    I think the instant market value listed should be accurate. The vehicle I looked at has a value around $5000.00 less than what is listed.

    2009 Ford F-150 XLT SuperCab SB

    -

    Shopping & Pricing

  • Wha is the definition of "Instant market value"? 2 answers

    Trying to determine if instant market value quote leave room for further negotiations

    2011 Ford F-150 Lariat SuperCab

    -

    Shopping & Pricing

  • How do you determine the resale value of a Jack Roush Mustang. 1 answer

    I have a 2007 Jack Roush Stage 1 mustang that I bought straight from the dealership. The things on the vehicle are not aftermarket add ons, they came that way from the factory but when reselling i...

    2007 Ford Mustang

    -

    Shopping & Pricing

  • How do you determine your Instant Market value 3 answers

    I am looking to sell my 2005 Hyundai Sonata GL. I am seeing the price range anywhere from $5700 down to $4500 with a Edmunds Private seller price around $3200. I would like to price this in order to g...

    Hyundai Sonata

    -

    Shopping & Pricing

  • what is instant market value 1 answer

    2011 Ford F-150 Lariat Limited SuperCrew 4WD

    -

    Shopping & Pricing

F-150

Looking for a Used F-150 in your area?

CarGurus has 207,340 nationwide F-150 listings starting at $1,499.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search Ford F-150 Questions

Ford F-150 Experts

#1 OJ
OJ
Reputation 8,210
#2 dandyoun
dandyoun
Reputation 4,390
#3 tennisshoes
tennisshoes
Reputation 2,880
View All

Related Models For Sale

Used Chevrolet Silverado 1500
1,769 Great Deals out of 181,161 listings starting at $250
Used GMC Sierra 1500
761 Great Deals out of 69,110 listings starting at $1,850
Used Dodge Ram 1500
411 Great Deals out of 10,835 listings starting at $1,400
Used Ford F-250 Super Duty
329 Great Deals out of 46,256 listings starting at $1,450
Used Toyota Tundra
436 Great Deals out of 34,736 listings starting at $2,990
Used Toyota Tacoma
472 Great Deals out of 41,615 listings starting at $1,995
Used Ford Mustang
543 Great Deals out of 45,840 listings starting at $1,999
Used Nissan Titan
178 Great Deals out of 19,077 listings starting at $3,000
Used Chevrolet Colorado
242 Great Deals out of 24,811 listings starting at $2,499
Used Ford Explorer
926 Great Deals out of 70,243 listings starting at $997
Used Chevrolet Tahoe
556 Great Deals out of 31,361 listings starting at $1,500
Used Ford Ranger
176 Great Deals out of 5,676 listings starting at $950
Used Ford F-350 Super Duty
376 Great Deals out of 25,766 listings starting at $1,995

Used Cars For Sale

2018 Ford F-150 For Sale
51 listings starting at $35,135
2017 Ford F-150 For Sale
26 Great Deals out of 133,513 listings starting at $18,022
2016 Ford F-150 For Sale
88 Great Deals out of 13,553 listings starting at $18,300
2015 Ford F-150 For Sale
204 Great Deals out of 8,342 listings starting at $16,999
2014 Ford F-150 For Sale
385 Great Deals out of 12,684 listings starting at $6,600

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.