Why Does The Spread Change over Time?

The CarValue Spread is calculated by subtracting the current bid from the CarValue price prediction. Since we always know the bid amount on an ADESA Clear vehicle, we will update the spread as the bid increases. These updates happen in real-time as you adjust your bid amount, so that you can see the estimated gross profit margin if the vehicle were to sell at the current bid amount.

Instead, CarValue predicts a unique VIN-specific price which factors in not only the vehicle’s odometer, Condition Report, and sale location, but also dozens of other data points including vehicle attributes from the VIN, market depreciation, seasonality, and macroeconomic factors.