IBB provides a pricing tool which helps to determine the price of a vehicle. With exclusive access to millions of car transactions that take place every day through different channels, IBB derives scientific & insightful inferences that lead to vehicle price discovery. This price helps banks, NBFCs, used car dealers and buyers to safely estimate the value of a vehicle.

IBB uses several thousand data points to accurately determine a vehicle’s price. The pricing engine is powered by machine learning algorithms that continuously learn from used vehicle transactions that happen over multiple channels across the country.

The IBB report is an industry standard for insights on the used vehicle market covering consumer behaviour, organization of the market, improvements in the used vehicle value chain with a specific focus on the Indian attitude towards used cars. The report is launched every year covering all the industry trends of the past 12 months