Improvements to our valuations
Great news! We are improving our valuations.
What’s changing?
We are making further improvements to our valuation methodology to provide you with precise AI-powered market insights, combined with market observations and the expertise of our local valuation experts and analysts.
In future, we will be replacing average mileage calculations with exact mileage calculations and basing valuations on current market conditions. This means that all corrections are reflected directly in the Glass’s values, which will provide one trade and one retail valuation. The fixed “average mileage level” and mileage correction factors will be discontinued. Additionally, condition grading and alternative valuation methods will be withdrawn, as they are already reflected in the dynamic market values provided by Glass’s and Autovista Group.
What does this mean for you?
In the coming months you will receive detailed communications that outline the exact changes and provide guidance on how to adapt to them.
We will be introducing these changes into our applications during 2025. You don’t need to do anything; we will remind you about the changes to each specific product well before they happen.
If you take our API’s, you may need to implement some changes in your back-end systems, which is why we are giving you advance notification. We will shortly be sending out clear documentation to highlight these changes so that you are able to implement them relatively quickly and easily.