> For the complete documentation index, see [llms.txt](https://devhub.autograb.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://devhub.autograb.com/valuation/valuation/valuation-approach.md). # Valuation Approach **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. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://devhub.autograb.com/valuation/valuation/valuation-approach.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.