The "Garage" service in the Avito application has a function for automatically assessing the value of cars. The new technology uses the company's own neural network algorithms to determine the current market price of vehicles.
The tool analyzes a set of parameters: technical characteristics of the car, operating history, current market trends and data on real transactions on the platform. The system also takes into account information from the "Autoteka" service about mileage, participation in accidents, number of owners and legal restrictions.
According to the company, more than 30% of category users have already added their cars to the "Garage". Every fifth user of the service is looking for spare parts for their vehicle through it.