Vehicle Ownership
Cost API
Predict vehicle ownership cost over five years, leveraging
millions of historical records from VinAudit’s database to
estimate key expenses associated with owning a vehicle.
Find out what buying a car actually costs over 5 years
what does the
market value tool
show?
The Market Value API estimates the retail value of your car, truck, or motorcycle — based on the price that similar vehicles across the United States have been listed at in recent months.
Parameters
Description
Example
Make/Model/Trim
The vehicle title (Year, Make, Model, Trim)
2016 Mazda MX-5 Miata Club
Depreciation cost
Depreciation: the loss of market value due to age and mileage
[1677, 1548, 1419, 1290,1161]
Insurance cost
Insurance: the expected cost of insurance for this vehicle type
[1856, 1921, 1989, 2058, 2130]
Fuel cost
Fuel: the cost of gas based on the vehicle’s fuel efficiency
[1279, 1317, 1363, 1418, 1481]
Maintenance cost
Maintenance & Repairs: covering routine & unexpected issues
[2710, 1890, 1186, 1370, 2267]
Repairs cost
The estimated yearly repairs cost
[971, 1133, 1291, 1411, 1620]
Fees cost
Taxes & Fees: covering sales tax and other state fees
[1163, 132, 169, 108, 150]
Total yearly cost
The estimated yearly total cost
9656
Total 5 years cost
The estimated overall total cost over the next 5 years
8810
Fact-Based Forecasting: Real-World Data for Accurate Cost Predictions
VinAudit aggregates vast vehicle records daily from government and industry sources, using statistical models to predict ownership costs based on real-time market value, mileage, location, fuel efficiency, reliability, gas prices, and more.
Get an estimate of the total ownership expenses for the next five years with our ownership cost tool
Exploring Vehicle Ownership Cost Applications Across Industries
Financial Institutions
Assess vehicle values with the Market Value API for informed lending decisions and risk mitigation
01
Automotive Research
Gain insights into pricing trends with the API, enabling strategic planning and informed decision-making
02
Dealerships
Use the Market Value API for precise inventory pricing, ensuring competitiveness and profitability
03
Automotive Services
Offer value-added services like maintenance packages tailored to estimated ownership costs, enhancing customer satisfaction
04
Car Sales and
Marketplaces
Integrate the API to offer real-time market value estimates, enhancing transparency and facilitating fair negotiations
05
Insurance Companies
Utilize the API to determine vehicle market value for insurance purposes, streamlining claim settlements
06
Vehicle History Report API
(FAQs)
As a vehicle history provider, VinAudit continuously aggregates millions of vehicle data from government agencies and industry partners. Using statistical models based on historical data, the ownership cost API predicts the vehicle’s real-time market value, the vehicle’s yearly mileage, fuel efficiency, reliability, gas prices, labor costs, vehicle owner’s state, and other factors.
VinAudit leverages its Vehicle Market Value API, which analyzes millions of vehicle listing data points from both private parties and dealers. With real-time access to used car market value data, our estimates are continually refined to ensure accurate vehicle pricing and reliable results.
VinAudit leverages its Vehicle Market Value API, which analyzes millions of vehicle listing data points from both private parties and dealers. With real-time access to used car market value data, our estimates are continually refined to ensure accurate vehicle pricing and reliable results.
VinAudit leverages its Vehicle Market Value API, which analyzes millions of vehicle listing data points from both private parties and dealers. With real-time access to used car market value data, our estimates are continually refined to ensure accurate vehicle pricing and reliable results.
or email at support@vinning.com
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Try before you sign up for Vehicle Ownership Cost API
Yes, you can run some samples or test our APIs to see how we can serve you.
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