Market Value App

What is it for?
  • Pull a real-time market snapshot for any vehicle spec including Body, Year, Exterior Color, Interior Color.
  • Gain a drilled down understanding of the market.
  • Includes body and year inventory counts and average and median price and mileage for the specification.
How does it work?
  • Submit a VIN or step through the build spec selector.
  • Our unique process makes selections at each step dependent upon the selections made at previous steps.
  • See the number of vehicles in the database at each selection level in the dynamic Blue bar counter.
How To Apply This App
  • Evaluate the average and median market price and average and median mileage for the market inventory to gain a general sense of the market’s general behavior.
  • Assess the price spread pattern by comparing the market average price to the market median price.
  • If the average price is above the median price the majority of the market inventory is priced below the average price. In general this indicates a weaker market or pessimistic sellers as most cars are priced below the market consensus of average pricing.
  • If the average price is below the median price the majority of the market inventory is priced above the average price. In general this indicates a stronger market or optimistic sellers as most cars are priced above the market consensus of average pricing.
  • Evaluate the spread between the high and low price. A large spread would indicate to use the median price for valuation purposes. A tight spread would indicate to use the average price for valuation purposes.
  • Assess general market mileage.
  • If the average mileage is above the median mileage most vehicles in the market inventory are below average mileage.
  • If the average mileage is below the median mileage most vehicles in the market inventory are above average mileage.
  • To evaluate average to median price spread pattern trends use the Market Price Enhanced Timeline Chart.
  • To evaluate where a price or mileage for a vehicle fit in the market inventory use the Market Inventory Value Snapshot Chart.
  • View a video on using this app.

This application or chart is only available to SC Sage subscribers with the required service level.

To Access This Section Review the Subscription Level Comparison Chart