Backend Engineering

Inside the Engine: Real-time Market Valuation Algorithms

October 10, 2023
Inside the Engine: Real-time Market Valuation Algorithms

The value of a vehicle changes every minute as auction data streams in. Our valuation engine must react to these market shifts instantly.

Weighted Market Averaging

Our algorithms apply complex weights to historical sales based on data freshness, regional demand, and current economic indicators. This creates a highly accurate, "living" market value that empowers our users to make data-driven buying decisions.