what does it mean when it says "Car Gurus IMV?"

Asked by Jerri Feb 08, 2019 at 09:43 AM

Question type: General

I've noticed this appears on the bottoms of all the listings

2 Answers

41,815

Car Gurus their vehicle VALUE? Instant Market Value (IMV) marketing tool for Dealers benefit..Dealers pay Car Gurus. Do your own vehicle value research. One of the CEO's at Car Gurus Lori Hickok read about her! GOLDEN parachute from Scripps Development Officer Lori Hickok collects $11.9 million.

21,875

What is IMV? The CarGurus Instant Market Value (IMV) is an estimated fair retail price for a vehicle based on a detailed analysis of comparable current and previous car listings in your market. We compute and update our IMV calculations daily using a complex algorithm that takes into account millions of data points including make, model, trim, year, mileage, options and vehicle history. Our IMV is intended to provide pricing guidance but is not an official appraisal or guarantee.

2 people found this helpful.

Your Answer:

CarGurus Experts

  • #1
    Paul
    Reputation
    56,440
  • #2
    Gene Arnett
    Reputation
    47,000
  • #3
    Ed92626
    Reputation
    42,030
View All

Find great deals from top-rated dealers

Search

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. Content will be removed if CarGurus becomes aware that it violates our policies.