Our cutting-edge AI technology analyzes comprehensive market data to estimate accurate prices and recommend the best deals for you.
In the 2023, the total market size is estimated at
Steady growth forecast of an average annual rate of
With the widespread use of smartphones and the internet, online used car sales, particularly used car auctions, are expanding, driving market growth.
Due to direct sales between individuals and the entry of new competitors, companies involved in the used car business are facing a highly competitive environment.
There is a current lack of sufficient utilization of management support tools that can rapidly gather and process vast amounts of information online.
AIVALUE uses a proprietary algorithm to build predictive models based on detailed vehicle information, such as make, model, trim, year, mileage, condition rating, and any damage. By analyzing over a million auction transactions from the past three months, it delivers appraisal prices that accurately reflect current market trends.
The accuracy of AIVALUE's predictions depends on the number of vehicles in circulation. The more widely traded a model is, the more auction transactions are available, allowing the model to learn from a larger dataset and generate more precise price predictions. For popular models, in particular, AIVALUE provides highly reliable appraisals that closely reflect actual market conditions.
We will begin by showcasing a demo of AIVALUE, explaining how to use it and how it can be leveraged effectively. Additionally, we will listen to your needs regarding appraisal operations and, if necessary, propose customizations to better suit your requirements. Feel free to contact us anytime.
With over 5,000 predictive models, AIVALUE covers a wide range of common passenger vehicles. However, for models with extremely limited market data—such as rare cars, certain classic cars, or highly specialized vehicles—the accuracy of automated appraisals may have limitations. In such cases, manual appraisal by an expert can be used alongside the automated system to ensure a more accurate valuation.
Yes, that is possible. AIVALUE is not limited to auction-sourced vehicles—it also supports direct purchases from individual users and trade-in vehicles. By automatically estimating purchase prices, it can be utilized in a wide range of scenarios, including in-store purchasing operations.
Yes, that is possible. Based on the AI-generated appraisal, an assessor can review the results and make manual adjustments if necessary. This ensures flexibility in handling cases where data is insufficient or when special circumstances apply, such as accident-damaged vehicles.
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