Market Inventory App
What is it for?
- Search the database for Ferrari, Lamborghini, McLaren or Porsche vehicles currently on the market.
- Get lists of vehicles on the market matching the specification.
- View all or only priced inventory.
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 market inventory at each selection level in the dynamic Blue bar counter.
How To Apply This App
- Pull the current market inventory list with a link to view each vehicle in the Vehicle Page App.
- The list is ordered starting with the highest priced example.
- Click to view the inventory list sortable by price, mileage and dollars per mile, and to evaluate where a price or mileage for a vehicle fits into the market inventory, using the Market Inventory Value Snapshot Chart.
- 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.
- 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
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