Fair price is approximately the calculated price of the vehicle that would be fair at the exact point of time for a particular vehicle. Its formula consists of different factors that are evaluated and ranked by specific criteria, e.g. primary damage, title group have the higher level of priority and fuel type, engine and trim have the lower level. All of the mentioned parameters correspond to a specific value that influences the fair price. Our huge database of final bids and bid history and optimized calculation algorithm make it possible for us to do huge calculations in seconds and provide you with fresh numbers.