|cargurus appraised value||1.9||0.6||5478||32|
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?
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.