Improvements to our valuations in Compare

Great news! We are improving our valuations in Compare.



What’s changing?

Upcoming enhancements to our vehicle valuation methodology 

We’re excited to inform you about important updates to our vehicle valuation methodology for the UK market, specifically for Compare. These enhancements are designed to improve accuracy and better reflect current market conditions.

What’s Changing? 

1. Exact Mileage Calculations 

  • We’re moving from average mileage estimates to exact mileage-based valuations, ensuring results are tailored to a vehicle’s actual usage for greater precision.

2. End of Mileage Corrections:

  • Mileage correction factors will be withdrawn, as mileage will now be fully integrated into the core valuation. 

What does it mean in terms of functionality? 

Now, if the Mileage is not filled/indicated (Reference KM) in the search page, a pop-up message from the system will be displayed, as shown below:

Once provided the exact mileage, the system will provide the vehicles list:

 

Preparing for the Changes 


Implementation Timeline 

The new methodology will be implemented starting April 2025. We’ll provide reminders and guidance to support you during this transition. 

Next Steps 

  • Review your internal processes that rely on the affected features and update them to align with the new methodology. 

Thank you for trusting us to provide the most accurate and reliable vehicle valuations. Stay tuned for further updates as we roll out these enhancements.


FAQs

Trade valuations will continue to be based on robust market data and refined to provide accurate and reliable insights. This ensures dealers and traders have a dependable foundation for assessing vehicle values and making informed pricing decisions in today’s dynamic market.

Mileage corrections are now directly incorporated into Glass’s Trade and Retail values, making them fully data-driven. Instead of relying on fixed values for mileage corrections, adjustments are based on real-time market observations.
As a result, there will no longer be a fixed “standard mileage,” and a value based on an average mileage will not be provided separately. Powered by an AI-driven system and supported by our expert editor team, this approach delivers a reliable, comprehensive view of the market, reflecting real-world pricing trends and supporting confident decision-making.
Mileage corrections are now directly incorporated into Glass’s Trade and Retail values, making them fully data-driven. Instead of relying on fixed values for mileage corrections, adjustments are based on real-time market observations.
As a result, there will no longer be a fixed “standard mileage,” and a value based on an average mileage will not be provided separately. Powered by an AI-driven system and supported by our expert editor team, this approach delivers a reliable, comprehensive view of the market, reflecting real-world pricing trends and supporting confident decision-making.
In the future, there will no longer be a fixed “standard mileage,” and it will no longer be displayed separately. Mileage corrections are now directly incorporated into Glass’s Trade and Retail values. Instead of using fixed values for mileage corrections, adjustments are based on real-time market observations.
If you wish to obtain a quick valuation, we recommend using an external, market-reliable source for average mileage. However, within our Live Retail data, we provide an observed average mileage powered by data-driven insights of vehicles currently on the market. Unlike static figures, this observed mileage dynamically reflects the latest market trends.
Please note that relying solely on average mileage may not provide the most accurate reflection of current market conditions, as our new approach factors in a broader range of variables to align valuations with real-world behaviour.

We are committed to keeping you informed as we roll out these improvements. You will receive regular updates about specific product changes, ensuring you’re always up to date on key adjustments and new features. These updates will be sent to you over the course of the next several months, with the goal of aligning the changes by October 2025. Rest assured, we’ll provide timely information on how these updates will impact your usage and experience with the product.

We plan to go live with these changes progressively over the coming months, with all updates fully implemented by October 2025. As we move forward, we’ll keep you informed with regular updates about the specific timelines for each stage of the rollout, so you can stay ahead of any changes affecting your product experience.