How is instant market value determined?

Asked by May 11, 2017 at 09:56 AM

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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.

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