LevelCar

How we calculate market figures

Where the medians, corridors and typical mileage on brand, model, valuation and analytics pages come from.

Where the data comes from

Market figures are listings of used cars for sale in Ukraine that we collect and refresh regularly. Registration activity (how many cars of a brand or model get registered, of which years and in which regions) comes from open registration data. Prices are in US dollars.

The history of a specific car — accidents, wanted status, registrations, mileage — is separate data; it is in the VIN or plate report.

Which listings we use

  • active listings only: withdrawn and sold cars are excluded;
  • no demo listings; cars flagged as damaged are left out of a brand’s and model’s median price, corridor and typical car — they do not describe the regular market;
  • prices from $300 to $500,000 — erroneous prices like “$1” or “$10M” are cut off;
  • mileage from 1 to 600,000 km: zero or implausible mileage is left out of mileage figures;
  • one brand under different names is counted together (e.g. VAZ and Lada);
  • isolated records with a model year 15+ years away from the rest of the model are left out of by-year charts;
  • for large brands we take the most recent listings, so the figures describe today’s market, not last year’s.

Median, not average

The median price is the middle of the market: half of the offers are cheaper, half are pricier. A few overpriced or very cheap cars can easily shift the average, but not the median. That is why the main price on market pages is the median.

Price corridor: 50%, 60%, 80% and 90% of offers

A corridor is the range that holds a given share of offers. We drop the cheapest and the priciest listings equally from both ends, so the corridor describes the typical market rather than the extremes. The share depends on where it appears:

Where on the siteShare of offersBounds
“Price corridor” tile on brand and model pages, “market core” in car valuation, years and mileage in the budget pickermiddle 50% — half of the offers25th to 75th percentile
Price bars by model year and generation on a model pagemiddle 60%20th to 80th percentile
“Price corridor” column in a brand’s model tablemiddle 80%10th to 90th percentile
Model bars in the “Leaders” section of market analytics, price histogramsmiddle 90%5th to 95th percentile
A car’s position among offers in the reportbar — 80%, highlighted part — 50%10th–90th and 25th–75th percentiles

A percentile is the share of offers cheaper than that price: the 25th percentile means a quarter of listings are cheaper, the 75th — three quarters.

Typical car and mileage

  • “Typical car” on a brand or model page — the average model year of the offers and the median mileage;
  • “Typical mileage by model year” — the average mileage of cars of each model year;
  • prices “by year” — the median price of cars of each model year.

Model year and neighbouring years

On a model-year page we use offers of exactly that year. If there are too few for a stable median, we add neighbouring years (up to ±3) and say so in the caption. “By year” charts are always built from the whole model.

Narrow sample

We do not show the number of listings in a sample — only shares, medians and corridors. When there are few offers, we either hide the corridor or mark the sample as narrow: a median from a small sample is a guide, not the market price.

How often we update

  • brand, model and year pages — weekly, the update date is at the bottom of the page;
  • registration activity — weekly;
  • budget picker — weekly;
  • car valuation and market analytics — from current listings.

Rounding

On market pages prices are rounded to thousands of dollars and mileage to thousands of kilometres. Exact amounts for a specific car are in the report.

What market figures do not tell

The median and corridor describe the model, not a specific car. Whether that exact car was in an accident, is wanted or has rolled-back mileage — check it by VIN or plate.