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We built a tool for this at CarStory years ago. That was one of the reasons the company was acquired by (starts with V rhymes with broom).Couple free thoughts for you, so assign exactly that much value to them.Market demand and market value aren't equivalent to YOUR demand and YOUR value.We saw this a bunch. One of the productizations of the data was built to help dealer groups trade used units amongst their stores to maximize retail profits. The same VIN had different demand and value indicators at different lots. Everyone knows this is true regionally, no need for a cold weather package in Miami for example, but interestingly enough it was true hyper-locally too.Point is simply to take the "market demand" data with a grain of salt. The tool we built took a patented similarity engine and bounced the VIN against previously sold units to determine its value to the store.This was a great problem for a computer with no capacity for emotion. "How did a similar unit perform" is not a question to answer with feelings and fond memories. You need to incorporate PDOL, market scarcity, feature demand/value, color preference by consumer search, etc.... it's a data question.Features drive significant demandAnother obvious one, but worth mentioning.If I were building an AI tool for acquisition, I would want CV to confirm the listings data. Automotive data is inherently dirty. You can't trust that the features, trim, and even trans in a listing are accurate, build data doesn't account for modifications and dealer adds. CV provides a level of visual inspection to verify the listings data.What I would REALLY want is CV to alert me to high demand/value options that were MISSING from the listing. Those would represent higher profit potential than a simple market demand index.CV for damageThis is another gimme, but not easy.CV for damage is getting better day over day. I'd put this in the must have category to justify a SAAS acquisition tool.
We built a tool for this at CarStory years ago. That was one of the reasons the company was acquired by (starts with V rhymes with broom).
Couple free thoughts for you, so assign exactly that much value to them.