How Fair Price Analysis works

Last updated 17 June 2026

Fair Price Analysis tells you how a car's asking price compares to similar cars actually listed on CarJio. It is built from real comparable listings — and when there aren't enough, we show no verdict rather than invent one.

Finding comparable cars

For each listing we gather comparable approved listings — the same make and model, close in year, kilometres, fuel and transmission, and as local as possible. If too few close matches exist, we progressively widen the net (for example loosening the year or location) until we have enough to be meaningful.

The fair market range

From those comparables we compute a market range using percentiles. The median is the fair-value anchor; the 25th and 75th percentiles form the “fair market range” you see on the listing. Percentiles are used instead of a simple average so that one unusually cheap or expensive car can’t distort the picture.

The deal score and bands

We turn the asking price’s position against that range into a 0–100 deal score, then into one of five bands:

Excellent Deal — score 90+
Good Deal — 75–89
Fair Price — 45–74
Slightly High — 25–44
Overpriced — below 25

When we show no verdict

If there aren’t enough comparable listings to be confident, we publish no band at all rather than a misleading one. A car is never penalised in ranking or filtering for having thin comparable data — “hide overpriced” keeps such cars visible.

What it is not

It is a market comparison, not a professional valuation.
It reflects asking prices on CarJio, not final sale prices or mechanical condition.
It cannot be influenced by payment or promotion.

See also the Trust Score and Verification.