Author Topic: Value Finder Tool (Read 8611 times)

JacobBlack · « **on:** March 27, 2015, 03:18:53 pm »

Hey all,

The skunkworks department at our parent company have whipped a pretty nifty value tool and they want feedback. We know you guys enjoy giving feedback, so if you so desire please do check it out!

http://www.autos.ca/valuetool/

It values your car based on similar historical listings on autoTRADER.ca. It works best for cars of the last decade, earlier than that and it's not a complete catalogue.

Is it accurate? Do you like it? Let us know! (please)

EV-Light · « **Reply #1 on:** March 27, 2015, 03:21:42 pm »

Sir Osis of Liver · « **Reply #2 on:** March 27, 2015, 03:22:45 pm »

Value for my car seems plausible. Certainly easy to use.

aquadorhj · « **Reply #3 on:** March 27, 2015, 03:23:55 pm »

Like.

look a little inflated for my VW.

wing · « **Reply #4 on:** March 27, 2015, 03:24:15 pm »

Well first thing I noticed is there is no Eastern Ontario yet there is Toronto and West and North and Central.

Values are close to what I've seen advertised. Of course there is no way for trader to know the selling prices which is more important than the asking....

OliverD · « **Reply #5 on:** March 27, 2015, 03:25:11 pm »

I like it.

Models may need to be more specific though. It doesn't distinguish between a Cooper S and a normal Cooper, for example.

Edit: Actually it does. But it's a bit confusing.

wing · « **Reply #6 on:** March 27, 2015, 03:26:39 pm »

Also it probably shouldn't say "Toronto" but GTA

Great_Big_Abyss · « **Reply #7 on:** March 27, 2015, 03:32:03 pm »

Cool.

A little feedback:

When you roll over the graph bars, it tells you how many vehicles on AutoTrader are in that price bracket (3 between this price an that price). You should be able to click on the bars, and it takes you to the three vehicle ads it's referencing. It would help in being able to see the exact cars that are offered at that price point, and how they differ from my own. That way we'd be able to see why certain cars are priced more than others (more options, lower mileage, better condition, etc.)

Fobroader · « **Reply #8 on:** March 27, 2015, 03:36:30 pm »

I like it!! Thats a handy little tool.....but why only 200,000km?!?! Thats when a vehicle is barely broken in

Brig · « **Reply #9 on:** March 27, 2015, 03:40:33 pm »

I like that my car is worth more than I owe on it.

It didn't list my precise model, though. GLS.

Agree with all the other comments about geographical misnomers and functionality.

johngenx · « **Reply #10 on:** March 27, 2015, 04:00:27 pm »

Interesting that there's not a single 2009 Corolla in Alberta at any mileage. That's contrary to my findings in the listings.

Northernridge · « **Reply #11 on:** March 27, 2015, 04:02:36 pm »

That's pretty slick boys and girls. Fast and intuitive too. I tried all three of our vehicles and thought the price returns were pretty accurate. I like that it shows the range, I was able to pick the exact model of my pickup, and I liked the buying/selling option.

Way to leverage the value of that Trader database.

wing · « **Reply #12 on:** March 27, 2015, 04:07:48 pm »

Data is power. I think someone figured this out finally.

Snowman · « **Reply #13 on:** March 27, 2015, 04:43:15 pm »

Works fine for me $55k for my TT-RS

Any takers

pi314 · « **Reply #14 on:** March 27, 2015, 05:40:38 pm »

Pretty well spot-on to what we paid for the Odyssey

mmret · « **Reply #15 on:** March 27, 2015, 05:52:06 pm »

$34k for the TL

$30k for the GLK

Seems a bit high to me but maybe I'm just a cheap bastard.

Very neat tool though!

Snowman · « **Reply #16 on:** March 27, 2015, 06:08:47 pm »

These numbers do look high as they are based on asking prices on AT. It would be real interesting if a tool could be based on actual selling prices.

Great_Big_Abyss · « **Reply #17 on:** March 27, 2015, 09:06:30 pm »

Quote from: Snowman on March 27, 2015, 06:08:47 pm

These numbers do look high as they are based on asking prices on AT. It would be real interesting if a tool could be based on actual selling prices.

When you go to 'close' out your ad, or delete it, they should ask you what the actual selling price was. Even if incomplete, it would be some data compiled...

pi314 · « **Reply #18 on:** March 27, 2015, 09:30:19 pm »

Quote from: Great_Big_Abyss on March 27, 2015, 09:06:30 pm

Quote from: Snowman on March 27, 2015, 06:08:47 pm
These numbers do look high as they are based on asking prices on AT. It would be real interesting if a tool could be based on actual selling prices.

When you go to 'close' out your ad, or delete it, they should ask you what the actual selling price was. Even if incomplete, it would be some data compiled...

If this was intelligently coded (which I have no reason to doubt), they probably also have stats as to how quickly a vehicle sold (or rather how long it was on the site, or whether or not it was closed before the normal expiry time) which will give some insight.

I've also found these days that there's much less haggling, and prices are pretty consistently reasonable compared to even 5 years ago. The internet has made the whole thing less painful, for me at least. I'm sure there are dealers who embrace the old model, but how long can that last?

ArticSteve · « **Reply #19 on:** March 27, 2015, 10:02:22 pm »

This reminds me of the time maybe 6 years ago that some nut in the old Trader decided to include "dealer invoice" as part of the website (free) to anyone browsing around. Lasted less than a day.

Author Topic: Value Finder Tool (Read 8611 times)

Northernridge