Operating a high volume, fixed price car business requires accute awareness of the market dynamics across the entire Australian Auto Market. To demonstrate our value to customers, we employ cutting edge technology, suppled by independent data aggregators to assist in this endeavour.
AutoGrab is a leading authority in the Automotive space, and powers the Car Giant WA – Auto Gauge. The Auto Gauge simplifies the process of evaluating a vehicles pricing with like, in market vehicles. Here’s everything you need to know about the Auto Gauge tool and how it works to assist us provide
market leading value to our customers.
What is Auto Gauge?
Auto Gauge is designed specifically to assess the attractiveness of a vehicle’s pricing. It leverages advanced algorithms to analyse the entire market, evaluating similar listings to provide an accurate gauge of whether a vehicle is competitively priced or not.
How Does Auto Gauge Work?
• Market Comparison: The Gauge reviews a vast array of comparable listings in real-time. It takes into account factors such as make, model, year, kilometeres travelled, and condition to establish a benchmark.
• Data Analysis: Using sophisticated data analytics, the Gauge processes this information to identify trends and patterns in pricing across the market. It looks beyond surface-level details to ensure a comprehensive assessment.
• Competitive Benchmarking: Once the data analysis is complete, the Gauge generates a clear indication of where a vehicle stands in relation to other like vehicles in the market. It provides insights into whether the listed price is competitive or potentially overpriced.
Why is there No Auto Gauge?
A listing’s Auto Gauge may be unavailable due to insufficient market data, preventing a complete analysis, or because the vehicle is accessory heavy, biasing the results. The Auto Gauge is a live tool that updates to reflect the prevailing market.
