Keyword Analysis & Research: cargurus appraised value

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Frequently Asked Questions

What does the CarGurus instant market value mean?

So, to answer the question “What’s my car worth”, CarGurus created the CarGurus Instant Market Value. 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.

How many car listings are there on CarGurus?

Today, Car Gurus focuses almost exclusively on classified listings and the ability to connect interested buyers with dealers and other sellers that have the cars they want. At any one time, CarGurus may have over 5 million listings for new, certified pre-owned, and used cars on its site.

What are the terms of use for CarGurus?

Vehicle history data provided by Experian AutoCheck. This data, and any reliance on it, is subject to the AutoCheck Terms and Conditions and the CarGurus Terms of Use. Don’t miss out on the car for you.

How does CarGurus calculate a car's IMV?

CarGurus calculates and continually updates their IMV daily using a complicated algorithm that considers millions of data points, including the car’s make, model, trim, year, mileage, options, and vehicle history. They factor in current and recently sold vehicles when doing their pricing analysis for IMV.

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