Peach Cars Launches Peach Insight, An AI Car Valuation Tool
Peach Cars has today launched Peach Insight, a revolutionary AI valuation tool that will put power into the hands of car sellers and enable them to optimize their returns when selling. The Peach Insight AI Valuation Tool, which uses an advanced AI algorithm trained with more than 100,000 data points, will remove the guesswork from… View Article
Peach Cars has today launched Peach Insight, a revolutionary AI valuation tool that will put power into the hands of car sellers and enable them to optimize their returns when selling. The Peach Insight AI Valuation Tool, which uses an advanced AI algorithm trained with more than 100,000 data points, will remove the guesswork from selling a locally used car. It will help car owners set optimal vehicle prices based on hundreds of thousands of data points used to train the AI Valuation Tool.
Price-Setting Headache
Traditionally, setting the right price for a used car has been daunting. Factors determining selling price such as make, model, mileage, car condition, and market demand are already intimidating for many private sellers to navigate. Add buyers who’ll bargain to the last coin and market players such as brokers to the mix and the headache intensifies for sellers.
Most end up selling their cars for less than they are worth out of mere frustration. Others overprice their cars and end up getting stuck.
The pricing headache has only served to widen the mismatch between sellers and buyers for locally used cars. To bridge this gap, we’ve come up with a solution that involves AI valuation to determine the optimal pricing for locally used cars in Kenya.
How the Peach Insight AI Valuation Tool Works
The Peach Insight AI Valuation Tool simplifies pricing for locally used cars and eliminates the confusion between sellers and buyers on the ideal price.
Here’s how Peach Insight works:
Car owners will simply have to enter their car details, such as the make, model, year, mileage, and condition on the Peach Cars website.
The Peach AI Valuation Tool will then analyze the information provided by the car owner against the AI dataset which includes real-time market trends, comparable vehicle listings, and local demand trends, to generate a highly refined valuation report.
Benefits of Peach Insight
Peach Cars’ AI valuation tool will enable sellers to set the best possible price for their cars and maximize their returns. They’ll be able to leverage data-driven insights to navigate the unfamiliar territory that is selling a locally used car.
“We’re excited to be putting the power in the hands of the people directly engaging in the market,” said Zachary Petroni, the Peach Cars COO.
“Whether you end up selling your car with Peach or not, we believe this innovative tool will improve the ability of all in the used car market to discern good v. bad prices, and better know the relative value of their vehicle.”
Additionally, sellers will be able to avoid the hassle of having to research market trends and comparable listings when selling a single car. It will save them time and effort!
Accurate pricing also attracts serious buyers, increasing visibility and quicker sales.