How are the pricing values calculated? Thank you
1 Answer
Cargurus IMV? 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. To calculate our deal ratings, we compare the asking price of a vehicle to what we estimate to be its fair market value and factor in dealer reputation.
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