This is a technical forum (not the site administrators. Check the FAQs in IMV. What's in our Deal Ratings?
To calculate our deal ratings, we compare the asking price of a vehicle to what we estimate to be its fair market value (a.k.a. the CarGurus Instant Market Value), and factor in dealer reputation.
From this calculation, we rate the quality of the deal: Great, Good, Fair, High or Overpriced. We always show what we believe to be the best deals first (based on our algorithm, not how much a dealer pays us).
Our Deal Ratings are intended to provide shopping guidance but are not a guarantee of value.
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