Valuation Approach
AutoGrab leveraging advanced machine learning and with daily updates to deliver precise and transparent valuations.
AutoGrab’s Private Sale Price reflects the asking prices of vehicles listed by Private sellers.
Consumer-to-consumer pricing
Excludes dealer margins, reconditioning, warranty, and compliance costs
Includes GST where applicable and excludes government charges
Assumes vehicles are fitted with standard OEM accessories and are in good condition
Private sale pricing is typically more price-sensitive and may show greater variability across listings.
AutoGrab’s Dealer Sale Price reflects the asking prices of vehicles listed by Licensed Motor Dealers.
Incorporates dealer-specific costs such as reconditioning, warranty, compliance, and margin requirements
Includes GST and excludes government charges
Assumes vehicles are fitted with standard OEM accessories and are in good condition
Dealer sale prices are generally higher than private sale prices and may experience longer days to sell, particularly during periods of market adjustment.
Trade Valuation
AutoGrab’s Estimated Trade reflects the expected wholesale or trade-in value of a vehicle under typical market conditions. It is derived as a formula-based output from the Estimated Retail price, adjusted to account for trade-specific factors such as dealer margins, reconditioning costs, inventory risk, and prevailing wholesale market dynamics.
The Estimated Trade value represents a realistic benchmark for dealer acquisition or trade-in scenarios, providing a consistent and market-aligned reference point alongside retail pricing.
Retail Valuation
AutoGrab’s Estimated Retail captures the asking prices from the most recent weeks for a specific vehicle’s year, make, model, and variant at a given mileage, sourced from private sellers and dealers within a selected state. It excludes government charges but includes GST, assuming the vehicles are fitted with standard OEM accessories and are in good condition. AutoGrab’s Estimated Retail valuation is used by insurers as a reference point when assessing and settling vehicle claims, reflecting its alignment with prevailing market conditions.
Leveraging advanced machine learning and updated weekly, our retail pricing integrates both active listings and recently delisted data from public marketplaces. AutoGrab places greater emphasis on the most recent data to deliver valuations that are comprehensive and reflect current market trends.
Each estimate includes a confidence score, which indicates AutoGrab’s certainty in the valuation. This score is determined by two key factors:
The number of vehicles listed in the past 365 days for the specific vehicle type
A detailed accuracy analysis of the pricing algorithm for that vehicle type
The confidence score ranges from 0 to 1, with 1 representing the highest confidence level
Max Offer
Max Offer represents the maximum price a dealer is willing to pay for a vehicle and is fully configurable by the dealer. It is calculated as a percentage discount from AutoGrab’s Estimated Retail price.
This allows dealers to tailor their buying strategy based on individual risk appetite, margin targets, and stock turn objectives.
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