The methodologies powering the consumer suggested price and the dealer suggested price, and the resulting values can differ greatly, thus creating different expectations of value for consumers and dealers. We believe that the availability of accurate estimated transaction prices will lead to less stressful negotiations and higher customer satisfaction. A win-win for all involved. We believe that the availability of accurate estimated transaction prices will lead to less stressful negotiations and higher customer satisfaction. A win-win for all involved.
Pricing is one of the most challenging aspects of purchasing a vehicle.
In this Information Age, consumers are able to perform thorough and extensive research, using timely and accurate information from the Internet, to make purchasing and selling decisions. We expect TMV's unsurpassed accuracy and timeliness will be recognized and valued by consumers and dealers, and will ultimately become an industry standard. Any entity can create a value, but it all comes down to the credibility of the data, especially the accuracy and timeliness of the values. In order to produce a product of TMV's caliber, the overall resource requirements act as a barrier to entry. Our resulting methodology is so unique that we have applied to patent it.