Valor en Contexto™
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Valor en Contexto

Glossary

Comparable
A vehicle reference similar enough to the subject car to inform a comparison, with its differences disclosed.
Asking price
The amount a seller advertises; it does not establish the final agreed sale price.
Trade-in offer
A buyer’s proposed amount for a vehicle, often linked to another purchase and subject to stated conditions.
Valuation date
The date to which an estimate and its evidence apply; it is not a promise about future prices.
Condition adjustment
An explained change to an estimate for a documented difference in condition; it requires a supported method.