InBridge Consulting Company determines the market value of a car.

It is not easy to determine the recommended cost yourself, because it depends on the year of manufacture (age), type of fuel (gasoline, diesel, gas, gas / gasoline, hybrid, electro), type of gearbox (mechanical, automatic, tiptronic, adaptive, variator), drive type (full, front, rear), engine size, engine power, mileage and other factors.

The market value of a car is determined by InBridge Consulting on the basis of the constructed financial model during market research.

An example of building a financial model of the market value of a vehicle.

Using the methods of financial modeling, InBridge Consulting conducted a marketing study based on which a financial model of the market value of the vehicle was built, which has the following form:

Toyota Land Cruiser Prado Elegance Gasoline
Y = 43.156.73-1,808.71 * X1-0.0053 * X2

where is the Y-value of the car (US $), X1-age (years), X2 mileage (km)

Examples of using a financial model of the market value of a vehicle.

Determination by the seller of the market value of the sale.

The seller plans to sell gasoline Toyota Land Cruiser Prado Elegance Gasoline 2015 release with mileage of 120,000 km.

Calculation of the recommended selling value using the financial model:

Y = 48,483.35-1,724.37 * X1-0.021 * X2
or

Y = 48,483.35-1,724.37 * 5-0.021 * 120000
or
Y = 37.342

So, the recommended cost is 37342 USD.

InBridge Consulting will help you determine the recommended cost, will provide you half the success during the sale.