New US auto valuation calculator, built by a software company called Automobile, will hit the market soon, according to a post on its website.
The calculator, which lets investors compare a car’s value against what other cars are selling for, is based on a car-sales-weighted average of a car that is sold in each state.
It comes with a range of car-related features including a car valuation score, price comparison tool, and the ability to calculate depreciation.
The app will also allow investors to compare the car’s price against the best deals in a particular market.
Automobile had set the $4,000 valuation for a 2015 Honda Civic.
Its calculator has a range that includes a Fiat 500X, a Lamborghini Aventador LP570-4, a Mazda6, and a Mercedes SLS AMG.
The app is available for iOS, Android, and Windows.
The auto valuation is based off of an average of the prices of each of the cars being sold.
The calculator lets investors check for the differences in a car based on its value and that of similar vehicles that are sold in a given market.
It takes into account factors like car design, interior, features, engine size, price, and fuel economy.
In the past, the calculator has shown an average price of around $16,000, but it now has a price of $6,000.