WHAT IS IBVC
Infra Bazaar Valuation Calculator is an algorithmic pricing engine by Infra Bazaar that suggests Fair Market Value for any used Commercial Vehicle / Equipment / Machinery / Plant. Infra Bazaar Valuation Calculator is built on Infra Bazaar's proprietary technologies and data science. It takes into account the category, make, model, year and appearance of the Vehicle / Equipment / Machinery / Plant along with the condition of the Vehicle / Equipment / Machinery / Plant and the kilometers / hours it has run to suggest the fair market value. Infra Bazaar Valuation Calculator is a category agnostic pricing engine that suggests unbiased fair market value for Vehicle / Equipment / Machinery / Plant etc. Unlike other sources that just report historical transaction data that is flawed, Infra Bazaar Valuation Calculator uses data science and empirical evidence in terms of depreciation curves, margins and spreads with intermediaries based on a number of factors that have an impact on the valuation.
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IBVC comes with robust technology and innovation, IBVC’s algorithmic calculator is independent and doesn’t factor any obsolete historical data. It provides fair price of a vehicle which is unbiased and is based on real time data science approach. It gives you a quick estimate for the resale value and gives you a fair market price for any Commercial Vehicle / Equipment / Machinery / Plant. Any prospective buyer will can also get an idea as what would be the cost of a Commercial Vehicle / Equipment / Machinery / Plant just in case he wants to invest in it.