SYSTEM AND METHOD FOR TANGIBLE GOOD VALUATION

摘要

An improved system for valuation of tangible goods, such as automotive vehicles includes isolation processes configured to discern the valuation of specific vehicle elements in real time, thereby enabling physical (vehicles that do exist) and hypothetical (vehicles that do not exist) new as well as used vehicle valuations, using transaction data being electronically updated as transactions occur in an electronic marketplace. The processes generate a current base value and plural current constituent values corresponding to characteristics of the vehicle affecting value such as trim level, package options, unit options and the like. A regression model embodiment determines a current base value and one or more current constituent values.