RedBook researches a wide variety of categories including Cars, SUVs, Light Commercial Vehicles, Trucks, Motorbikes, Boats, and Caravans. Our pricing and valuation services extended to all categories with varying levels of detail and coverage. Some of our products and services are detailed below.
Used Current & Historical
RedBook offers a suite of pricing and valuation tools to help your business make more informed decisions for new and used vehicles.
RedBook uses a vast array of data to develop and build our pricing models, sourcing vehicle transaction level data from a wide variety of channels including:
- Exclusive access to the carsales Network; carsales.com.au Australia’s largest online vehicle marketplace
- Auction houses
- Dealer partners
The data we collect covers more than 2,000 unique models from all manufacturers. Our dataset is renowned in the Australian market, dating as far back as 1950 with over 10 million actual used car sales records to reference.
RedBook employs a robust statistical methodology to analyse and clean the data to ensure its quality, integrity, and completeness, led by a team based in Australia.
Real-Time Used Car Valuations (RTV)
RedBook’s Real-Time Used Car pricing engine draws exclusive and authentic daily feeds from Australia’s largest online marketplace, the carsales network in addition to traditional wholesale data sources.
Accessed via an API, covering cars, SUVs and light commercial vehicles, RedBook can reveal daily dynamic kilometre, margin and condition adjusted used car prices, factoring in or out market (option equipped) vs base vehicle valuations.
Incorporating published pricing scores and average days to sell indicators, RedBook’s RTV solution can assist in making decisions with confidence.
Our customers use Real-Time Valuations for numerous purposes including remarketing benchmarks, loan to value ratios, insurance agreed values, trade-in calculators to mention but a few.
Residual Value Forecasting
RedBook is a leader in Residual Value Forecasting for cars in the Australian marketplace with over 70 years of in-depth knowledge and data to draw upon in addition to the vast amount of exclusive market intelligence available via the Carsales network and data sharing arrangements with the largest auction houses.
RedBook generate Residual Value positions for all official new releases in the Australian market, capturing minor and major updates to a vehicle’s model line-up. Forecasts are updated on a quarterly basis, or as model updates occur to ensure coverage of underlying market movements up to 5 years in advance with scope to go beyond.
RedBook can provide scenarios covering variable Price Types and Vehicle Conditions allowing for customisation to suit the application.
Fleet Portfolio Valuations
RedBook provides up to date assessments of fleets of any size and risk bearing assets in finance, rental, or alike portfolios.
RedBook deliver current real-time used pricing and re-forecast end of term used car values for provisioning purposes, contract equity targeting, effective risk and capital management, servicing several financial institutions and rental/subscription-based organisations.
Drive Away Pricing Calculator
RedBook’s Drive Away Pricing Calculator API can be integrated into your online solution with ease. Featuring all applicable state-based charges, duties, and levies, including concessions and rebates where available, the calculator helps ensure your vehicles are priced accordingly.
Used by the Carsales network for cars, SUVs and light commercial vehicles, find out how RedBook can assist your online drive away pricing needs.