Market Price feature upgrade: What’s new and how it helps

Used car prices aren’t fixed – they change over time with market conditions and other factors. Understanding where a specific vehicle fits into that moving picture isn’t always easy. That’s why we upgraded the Market Price (former Market Value) section in our reports – to deliver more accurate pricing insights based on real market behavior.

Here’s what’s new – and why it matters for buyers and sellers alike.

What’s new in the Market Price section?

Before you ask, the core idea of the section hasn’t changed. The Market Price section still shows the car's current estimated value in a specific market, compared with similar vehicles of the same model and model year.

The difference is that it now provides a much more detailed overview of how that price has changed over time – and how it may change in the future.

An improved price trends graph

We reworked the graph itself from the ground up. The market value line (shown in darker blue) represents the average price trend over time, as it used to. However, it now includes interactive hover points that display the estimated average vehicle price for each year.

In addition, a new dotted band around the line shows the predicted high and low price ranges.

Historical data

The section is enriched with new historical data covering up to five years. This part of the Market Price graph shows how much similar cars cost in the past, as well as the highest and lowest price ranges for each year.

Estimated prices

While the left part of the graph shows historical prices, the right side uses predictive analytics to illustrate how much a specific vehicle model could cost in the future. The principle remains the same – you can hover over a specific price point to check the average market price, along with the predicted highest and lowest price ranges for the next 7 years.

Note: Forecasts are based on current market trends and historical data. Actual resale value may change due to market shifts, condition, location, or other factors.

Selling price

If available, the section will also include Selling price(s). These appear as green markers on the graph, representing recorded asking or selling prices from past listings of the vehicle.

If the sales are very old and no longer visible, we will display them in a pop-up on the left side of the graph.

Market price insights

The cherry on top of our new Market Price section – market price insights. Below the graph, depending on data availability, you may see three additional observations:

• Price trend forecast: helps you better understand vehicle depreciation by estimating the percentage of value the car is expected to lose over the next few years.
• Price drop and buying window: highlights the year or vehicle age when the car’s value is forecasted to decline most significantly, helping identify potentially better buying opportunities.
• Optimal selling timing: suggests when selling the vehicle may make the most sense, before a significant depreciation phase begins.

Why this upgrade matters to used car buyers and sellers

Used car prices can vary widely, even for similar vehicles. The same model can be priced thousands apart, with no clear explanation why.

The upgraded Market Price feature can help buyers:

• Understand whether a car’s asking price is realistic
• Spot overpriced cars more easily
• See how the car’s price has changed – and may change in the future
• Compare similar cars with more confidence
• Use market-based pricing to support negotiations

For sellers, setting the right price can be just as challenging. Price a car too high, and it may sit on the market; price it too low, and you risk losing value.

The Market Price section can help sellers:

• Set a price that matches the market
• Understand price trends and see whether prices are going up, staying stable, or going down
• Choose a better time to sell before prices drop
• Sell faster by pricing the car in line with the market

Whether you’re buying or selling, check the Market Price section in your next carVertical report to see where your car – or the one you’re considering – stands.