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iPacket Value FAQ

Top 10 iPacket Value Questions

Written by Seve Astorg
Updated over 2 months ago

1. How are you coming up with your iPacket Value?

To calculate the iPacket Value we've developed a proprietary algorithm for comparable vehicles that looks at the vehicle's original OEM MSRP, odometer, geographic location, time on lot and other vehicle attributes from a live competitive set, as well as vehicles sold through time.. Our CTO could spend days explaining, although I can assure you there has never been something like this.

2. How are you deciding what is a good deal?

If your price is at or under the iPacket Value Price, than it is a good deal, and will be displayed to your consumer.

3. What makes your Value different from the others?

Other pricing validators are missing 1 key component, optional data derived from a factory OEM window sticker. Your vehicle might not be equiped average, and our indicator picks up on that.

4. What happens if I am not priced to Value?

If you are not priced at or under the iPacket Value, then the Value Report and Marker will not show.

5. Can a customer see where these comparable are located?

No, we scrub out the VIN, as well as the location, so your consumer cannot see or find where the comparable vehicles are located.

6. What if I want to hide one?

Want to hide a Value, you will have an option to click before sending an iPacket, to where it is not shared with your client.

7. Can I display this on my website?

Yes!

8. How often do these updates?

These iPacket Markers are updated daily.

9. Can I do this for appraisals?

Yes, but you will have to meet with the iPacket Value Team for that!

10. So I can see this on every car in my inventory?

Again, iPacket Value Team, and I would be happy to get you set up with Tyler and Jason for a run through of the iPacket Value + Packaging. Your going to love it.

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