If you are shopping for a used car, truck
or SUV, then you probably want to find a great deal – a great car at a great price from a
great seller. iSeeCars does the analysis on every car and automatically shows you the
best deals first. Say you’re looking for a Honda Pilot. iSeeCars ranks the Honda Pilots by best deals
based on a proprietary algorithm that takes into account the price, mileage, condition,
car history, negotiability, seller competitiveness, and other factors. For each car, we do the analysis to get insights
into 4 questions to see if it is a good deal: Let’s take this 2009 Honda Pilot for example,
1. Is the asking price reasonable? How does it compare with other similar cars?
2. What can we gather about the condition or history of the vehicle?
3. Is there room for negotiation? 4. Is the dealer reasonable overall in his
pricing? How fairly and competitively do they price the vehicles they have for sale? Here is how iSeeCars works …
1. Let’s take a look at whether the asking price is reasonable
iSeeCars answers this question by comparing the car with similar cars for sale and figures
out what the market price of the car should be. For this SUV with 47,000 miles, the market
price is $27,189, which means this car is being underpriced with potential savings of
$3200. 2. Next to get an idea of the condition and
history of the car, iSeeCars looks at the mileage. If it’s way over the national average
of 13k/year, it may mean the car has been driven to death.
In this case, the car was only driven 10K / year on average.
We also read through the description and pick up key things like navigation, a sunroof,
and leather interior. And to get an idea of the car history, iSeeCars
integrates data from carfax where available, such as # of previous owners, an important
datapoint. 3. To get a sense of negotiability, iSeeCars
looks how long the car has been on the market. The longer it is, the more negotiating power
you may have. A dealer typically finances the purchase of the vehicle so everyday the
car is on the lot, the dealer has to pay interest. 4. To see how fair the dealer is overall with
his pricing, iSeeCars analyzes their entire inventory of cars they have for sale and see
how the dealer compares with other dealers in terms of the # of deals and how good those
deals are. We created this site because we know how frustrating
and time-consuming it is to find a great used car deal. The goal of iSeeCars is to automate
all the manual effort and do all the math and analysis so you don’t have to so that
you can easily find the best used car deals.