Improvements to our valuations in Glass's

Great news! We are improving our valuations in Glass's.



What’s changing?

Changes to our valuation methodology

An important and exciting change to our vehicle valuation methodology is taking effect from March 2025.  

We will be replacing your legacy valuation calculations and average mileage calculations with one Trade and one Retail value. The new approach, known as the “Common Valuation Methodology”, provides dynamic results by utilising exact mileage calculations.  

The Common Valuation Methodology (CVM) is the new Autovista Group group-standard for used car valuation and forecast. It uses statistical analysis of the available market observations provided by the Statistical Analytical Engine (SAE). The estimates from SAE are imported directly into the new CVM Valuation application, where our local market analysts check the values and adjust them whenever necessary. 

This change provides more flexibility in an ever-changing market, meaning you can continue to rely on Glass’s to support your decision making. 

Key changes:

1. Exact Mileage Calculations

We are transitioning from average mileage estimates to exact mileage-based valuations, ensuring results are directly aligned with a vehicle’s actual usage for greater precision. As a result, valuations based on average mileage will no longer be possible, and average mileage will no longer be visible in the product. 

Observed Average Mileage will be included in the Ad Search feature within Glass´s Live Retail functionalities, providing valuable insights into the average mileage of vehicles currently on sale.

2. End of Mileage Corrections:

Mileage correction factors will be withdrawn, as mileage will now be fully integrated into the core valuation.

3. Phasing out condition grading and alternative valuations:

We’ll no longer use condition grading or alternative valuation methods, as our advanced AI-driven market insights already account for these factors in one dynamic valuation for trade and retail

What’s next?  

In the coming months you will receive detailed communications that outline the exact changes and provide guidance on how to adapt to them.  

We appreciate your co-operation during this transition period. As always, we remain committed to providing you with the highest level of service and support.  

If you have any questions, please contact: customer@autovistagroup.com.  


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.