Price Indicators show a buyer whether a vehicle is priced low, great, good, fair, or high.
Price Indicators are based on the price of the vehicle advertised. They are compared with Autotrader valuations and are made up of variable factors such as:
- Live market movements
- Similar vehicles
- Similar specification
What labels are there?
| Label | Meaning |
|---|---|
| Higher price | More expensive than Autotrader's valuation, but there may be some reasons for this |
| Fair price | Only slightly more expensive than Autotrader's valuation |
| Good price | Priced very closely to Autotrader's valuation |
| Great price | Slightly cheaper than Autotrader's valuation |
| Lower price | Priced much lower than Autotrader's valuation |
Why can't I see a label?
| Reason | Explanation |
|---|---|
| No analysis | We can't determine a price indicator for this car because of insufficient data There are three instances where a vehicle may have a 'No analysis' indicator:
|
| Updating | The price recently changed and the price indicator is updating |
How to get an indicator
Price indicators reflect how fairly priced your car is compared with the market.
All used cars should get an indicator once the retail price is saved. If your used car doesn't have an indicator then this will be because of one of the exclusions in the above table.
Have you only just placed the advert?
There will be a delay of 15 minutes in Portal and on the website between updating your advert and updating the indicator.
Whilst the update is happening, the indicator will disappear from the advert. This makes sure that the advert is at no point misleading for the car buyer.