Valuate is designed to help you quickly identify vehicles' market value and price trends.
The basics
The Valuate module is designed to help you quickly identify vehicles' market value and price trends. Valuate enables you to determine the true market value based on years of historic market value. Valuate is helping industry professionals in underwriting, appraisals and claims handling to accurately determine an object's value.
The Valuate module can be found on the menu bar on the left-hand side of the screen, the one with the dollar icon. The module is built specifically to help you to find the market value based on make, model, variant and year.
The main features of Valuate:
- Comprehensive Evaluations: Access market value insights based on make, model, type, and year.
- Localized Searches: Search within your home country and further Investigate online marketplace advertisements.
- Historic Price Trends: Gain a deeper understanding with insights into price developments and historic trends.
- Exclusive Reports: coming soon, we’ll release features to generate PDF or link the results to Evidence.
Your first search
You are now 2 clicks away from using our Valuate module to gain insights from billions of documents of open-source data.
- Click the Valuate module button in the navigation panel.
- Click on the search bar, e.g. type make:Volvo, model: V40, variant: T3, year: 2019, press Enter or click on the magnifying glass.
Country selector: On the search bar you can select the Country you want to determine the market value.
Question mark: Help function, summary of what is stated here.
Your search will be executed and the screen will populate with all the insights on market values for the object.
The results screen
The results screen shows all elements where we gain insights:
Results: This section outlines the current Market Value. This is based on the average advertisement price following the trend line in Tracking Price Movements graph to today.
Top domains: This section shows the number of advertisements that are used to determine the market value per domain.
Estimated price: This graph shows the bandwith of the price with an idea on the upper and lower boundaries.
Possible improvements: This section gives the user feedback if the market value assessment is based on enough data. If the boundaries are to far apart you can further narrow this by being more specific in the variant field.
Tracking Price Movements (1): This dotted graph shows the prices of the search query over time. The last 100 advertisements are used matching the search. For details per "dot" the advertisement details can be assessed in Investigate.
Tracking Price Movements (2): This bell shaped graph is a combination of the Estimated price and Tracking Price Movements (1) graphs to shows how the price is distributed over the given amounts.