Carvana, an industry pioneer for buying and selling used cars online, has today debuted Carvana Value Tracker, a free tool to quickly obtain a vehicle valuation, and track a vehicle’s value against evolving market conditions.
Carvana Value Tracker is a unique tool that leverages Carvana’s ability to instantly generate unique, real values for millions of vehicles. By using Carvana’s proprietary technology and competitive market data, Carvana is able to provide car owners with up-to-date information about the current value of their vehicle and empowers them to make a well-informed decision when determining whether to sell their car.
To track a vehicle’s competitive value with Carvana Value Tracker, car owners can simply enter their vehicle’s details, such as their license plate, postal code, and mileage, and will receive an instant, customized value for their vehicle. Owners can then track the value of the vehicle, allowing them to monitor how the value changes over time. This tool is especially useful for those who are considering selling or trading in their vehicle in the future, as it gives them a better understanding of when may be the best time to sell in order to maximize their return. Carvana believes every car owner deserves to know the value of the car they drive, so no purchase or trade-in is required to make use of the tool – it is accessible to everyone. Once they have entered a vehicle’s information, Carvana will keep the vehicle’s owner periodically informed of the vehicle’s competitive value as market conditions fluctuate.
“We understand that selling or trading a car can be a daunting task, especially when it comes to determining your car’s value, and this free tool is designed to make it easier,” said Andrew Dickerson, Director of Engineering, Special Projects at Carvana. “The car in a customer’s driveway is likely one of the largest assets in their portfolio, and yet most have no idea at any given moment what that asset is worth. With Carvana Value Tracker, we are demystifying car selling by offering insight into a customer’s car’s value at any point in time, in a way that is actionable should they choose to sell.”
Carvana Value Tracker is now available to everyone. Whether owners are looking to sell their car or are simply curious about its current value, Carvana Value Tracker offers a quick and easy way to access up-to-date information about their vehicle and the used auto market.
