How do you determine the instant market value?

Billrob1
20

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

Tom Demyan
200,685

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.

7 out of 7 people think this is helpful.
NRichardson34
275

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 out of 4 people think this is helpful.
Billrob1
20

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.

2 out of 2 people think this is helpful.
Tom Demyan
200,685

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.

4 out of 4 people think this is helpful.
ACD
30

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

3 out of 3 people think this is helpful.
theroguedog
0

"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...

Your Answer

Add photo

Related Questions

F-150

Looking for a Used F-150 in your area?

CarGurus has 202,847 nationwide F-150 listings starting at $1,500.

ZIP:

Search Ford F-150 Questions

Ford F-150 Experts

#1 OJ
OJ
Reputation 5,870
#2 dandyoun
dandyoun
Reputation 3,850
#3 tennisshoes
tennisshoes
Reputation 2,220
View All

Related Models For Sale

Used Chevrolet Silverado 1500"
2,176 Great Deals out of 134,612 listings starting at $1,500
Used GMC Sierra 1500"
894 Great Deals out of 52,727 listings starting at $2,400
Used Dodge Ram 1500"
529 Great Deals out of 13,589 listings starting at $1,195
Used Ford F-250 Super Duty"
411 Great Deals out of 41,646 listings starting at $1,800
Used Toyota Tundra"
536 Great Deals out of 23,983 listings starting at $2,500
Used Toyota Tacoma"
573 Great Deals out of 27,038 listings starting at $2,199
Used Ford Mustang"
746 Great Deals out of 39,974 listings starting at $1,450
Used Nissan Titan"
199 Great Deals out of 12,077 listings starting at $3,900
Used Ford Ranger"
249 Great Deals out of 7,736 listings starting at $988
Used Ford Explorer"
1,141 Great Deals out of 68,036 listings starting at $1,000
Used Chevrolet Tahoe"
966 Great Deals out of 36,462 listings starting at $2,095
Used Jeep Wrangler"
355 Great Deals out of 14,790 listings starting at $2,795
Used Chevrolet Colorado"
327 Great Deals out of 17,607 listings starting at $2,495

Used Cars For Sale

2017 Ford F-150 For Sale
471 listings starting at $27,027
2016 Ford F-150 For Sale
137 Great Deals out of 131,740 listings starting at $17,242
2015 Ford F-150 For Sale
212 Great Deals out of 9,518 listings starting at $17,995
2014 Ford F-150 For Sale
405 Great Deals out of 10,424 listings starting at $10,450
2013 Ford F-150 For Sale
559 Great Deals out of 14,077 listings starting at $8,946