Vehicle Market Value

Your CarsXE API key.

The 17 character long vehicle identification number.

The US state of the vehicle to get the market value for.

A unique identifier for for the vehicle.

A map of the input: "vin", "state", "country" of the vehicle.

The date when the vehicle market value data was last published or updated.

The frequency of data updates. It indicates that the market value data provided by the API is updated once per day.

The state where the vehicle's market value is being assessed, in this case, California.

The country context for the valuation, in this case, the United States.

The unique vehicle code. It is a unique identifier assigned to a specific vehicle configuration or model. This code helps in accurately identifying and retrieving precise market value data for that particular vehicle.

A group identifier used to classify or associate the vehicle with a specific category, market segment, or data grouping. e.g., sedans, SUVs.

The manufacturing year of the vehicle model being assessed. This information is crucial as it directly impacts the vehicle's market value, reflecting depreciation, demand, and historical relevance in pricing calculations.

The brand or manufacturer of the vehicle, in this case, Lexus.

The model of the vehicle, which is a particular version of the Lexus brand, here being the RX 350.

The series associated with the vehicle.

Describes the vehicle style or body type. In this case:

• 4D refers to a four-door vehicle.
• SUV indicates the vehicle type is a Sport Utility Vehicle.
• AWD stands for All-Wheel Drive, indicating the type of drivetrain.

A category for the vehicle's mileage, could represent a specific mileage range or classification.

A class code that categorizes the vehicle into a specific segment or type.

This is a human-readable description of the vehicle's class. It specifies that the vehicle is categorized as a large luxury crossover/SUV, helping to describe the vehicle's type or market segment.

A rating or score based on the vehicle's description quality or completeness.

Indicates whether the vehicle's market value data is the first set of values being used or provided. In this case, it's set to false, meaning the data may not be the initial set or it has been updated or revisited.

A risk score associated with the vehicle's market value or condition. A risk score might assess factors such as potential for accidents, fraud, or reliability concerns.

Excellent condition, typically with no significant wear.

Good condition, with minor wear.

Average condition, showing moderate wear.

Poor condition, showing significant wear or issues.

The retail price of a vehicle in excellent condition (no significant wear, like new or almost new).

The retail price for a vehicle in good condition (minor wear and tear, but well-maintained).

The retail price of a vehicle in average condition (moderate wear, typically for a used vehicle).

The retail price for a vehicle in poor condition (significant wear and tear, possible mechanical or cosmetic issues).

The trade-in price for a vehicle in good condition (minor wear and tear, well-maintained, ready for resale or continued use).

The trade-in price for a vehicle in average condition (moderate wear, typical for a used vehicle with normal signs of use).

The trade-in price for a vehicle in poor condition (significant wear, potential mechanical or cosmetic issues, or higher depreciation).

Manufacturer’s Suggested Retail Price (MSRP) is the recommended selling price set by the vehicle manufacturer for the vehicle before any dealer discounts or additions. It is often used as a starting point for pricing.

The retail price of the vehicle equipped with all available options and features, including any add-ons, upgrades, or packages.

This describes the options or features that are included in the vehicle’s price. It lists the additional equipment or features that are part of the specified price.

• AC: Air Conditioning
• AT: Automatic Transmission
• LTH: Leather Upholstery
• SR: Sunroof

The wheelbase is the distance (106.9 inches) between the front and rear axles of the vehicle. It can affect the vehicle's handling, ride quality, and interior space.

The tire size indicates the dimensions of the tires installed on the vehicle. This includes:

• 225: The tire width in millimeters.
• 65: The aspect ratio (the height of the tire sidewall as a percentage of the width).
• SR: The speed rating (indicating the maximum speed the tire is rated for).
• 17: The diameter of the tire in inches.

Gross Vehicle Weight (GVW) is the total weight (5,245 pounds) of the vehicle, including its maximum load (passengers, cargo, etc.).

The seating capacity indicates the number of passengers the vehicle can accommodate.

The type of fuel the vehicle uses.

The fuel capacity refers to the volume of fuel the vehicle's tank can hold, usually in gallons.

Fuel delivery system type used by the vehicle. MPI stands for Multi-Point Fuel Injection, which is a type of fuel injection system where each cylinder has its own injector, allowing more precise control of fuel delivery.

Highway Miles Per Gallon (MPG) represents the vehicle's fuel efficiency on highways or at constant speeds.

City Miles Per Gallon (MPG) indicates the vehicle’s fuel efficiency in urban or stop-and-go driving conditions.

This field provides a description of the vehicle’s engine.

• 3.5L: The engine’s displacement, meaning it has a 3.5-liter engine capacity.
• V6: The engine has six cylinders arranged in a V-shape.
• SFI: Sequential Fuel Injection, a system where fuel is injected into each cylinder at the appropriate time.
• DOHC: Double Overhead Camshaft, indicating the engine has two camshafts controlling the intake and exhaust valves for better performance.

The number of cylinders in the engine.

The engine displacement refers to the total volume of all the cylinders in the engine, often measured in liters.

The base horsepower of the engine, which measures its maximum power output.

• 270: The engine produces 270 horsepower at the specified RPM.
• 6200: The engine reaches 270 horsepower at 6,200 RPM (revolutions per minute).

The taxable horsepower refers to the engine’s power rating used for tax or registration purposes, which might be calculated differently from the base horsepower.

The engine’s torque is a measure of its rotational force, important for acceleration and towing capacity.

• 251: The engine generates 251 lb-ft of torque.
• 4700: This torque is available at 4,700 RPM.

The type of transmission the vehicle uses. The vehicle has an automatic transmission, as indicated by "A".

The vehicle’s drivetrain indicates how power is delivered to the wheels. The vehicle has All-Wheel Drive (AWD), meaning power is distributed to all four wheels for better traction, especially in poor road conditions.

The number of gears in the vehicle's transmission.

The number of exterior doors the vehicle has. The vehicle has 4 doors, which is typical for a sedan or a 4-door SUV.

The basic warranty for the vehicle, covering repairs or defects within a specified time or mileage limit.

• 4-year/50,000-mile: The warranty lasts for 4 years or 50,000 miles, whichever comes first.
• Limited: The warranty is limited, meaning it may not cover all components or may have exclusions.

Represents a list of additions or deductions based on specific options or features in the vehicle, and how those features impact its market value.

• uoc: This is a unique identifier for the option or feature (UOC stands for Unique Option Code).
• name: The name of the option or feature being added or deducted.
• xclean, clean, avg, rough: These represent how the feature or option affects the vehicle’s value depending on its condition. These values are specific adjustments to the market value based on the condition of the vehicle:
  • xclean: Adjusted value for a vehicle in extra clean condition.
  • clean: Adjusted value for a vehicle in clean condition.
  • avg: Adjusted value for a vehicle in average condition.
  • rough: Adjusted value for a vehicle in rough condition.
• auto: Indicates if the feature is automatic (whether it is part of the vehicle's default set of features or not).
• resid12, resid24, resid30, resid36, resid42, resid48, resid60, resid72:
  • These represent the residual values (depreciation or remaining value) for the option at different time periods (in months). These values are used for calculating lease residuals or depreciation over time.

This is a list of model numbers associated with the vehicle.

The retail value of the vehicle, which represents the expected price if the vehicle is sold to a consumer, typically by a dealership.

The trade-in value of the vehicle, which is how much a dealership would offer to accept the vehicle as a trade-in for purchasing a different vehicle.

The rough trade-in value of the vehicle, which represents the lowest price a dealership would offer for a vehicle in poor condition (rough).

The average trade-in value, which represents a middle ground or average trade-in price for a vehicle in average condition.

The loan value of the vehicle, which is the estimated amount the vehicle would be financed for, typically used by banks or financial institutions for vehicle loans.

This field would typically contain additional details related to trade-in values over time or across different conditions.

The auction values represent the price range that the vehicle could sell for at an auction, which is typically lower than retail but higher than trade-in values. Auction prices depend on the vehicle's condition and demand.

• low_auction_value: The lowest expected price the vehicle could sell for at an auction, in this case, $3,150.
• average_auction_value: The average price the vehicle is expected to sell for at an auction, in this case, $4,400.
• high_auction_value: The highest expected price the vehicle could sell for at an auction, in this case, $5,675.
• date_range: The date range during which the auction values are applicable. In this case, the values are for 12/18/2024.