Forum Discussion
Me_Again
Feb 29, 2016Explorer III
camp-n-family wrote:Seeing how the report is based on percentage of vehicles that have been report with over 200,000. The one with the largest number sold new should have the advantage.
The comparison is based on percentage because of the large variation in numbers sold between manufacturuers. The one with the most sold will have a higher number on the road but the percentage, as in what percent of the number sold made it beyond 200k, will still be the same.
For example if Ford sold 1 million F150s and 50,000 make it past 200k, that's only 5%. If Toyota only sold 100,000 Tacoma's and 5,000 remain on the road, it works out to the same 5%.
Correct, but where did they get their data?
From iSeeCars
WHAT IS ISEECARS.COM?
iSeeCars.com is a car search engine -- "the Kayak.com for people in the market to buy a car", according to ABC News -- that aggregates all listings of used cars for sale onto one site, making it easier and much less time-consuming for consumers to find the best deals and save money. It turns used car shopping on its head by applying Big Data analytics powered by over 25 billion (and growing) data points and using proprietary algorithms to objectively analyze, score and rank millions of cars and tens of thousands of dealers, providing helpful insights and guidance to users to find a good car at a good price from a trustworthy seller.
Based in the Boston area, iSeeCars.com was founded by technology veteran, Vineet Manohar, who formerly led Big Data projects at TripAdvisor, and experienced software executive, Phong Ly, who helped launch new products and markets at SAP.
So is their data from vehicles that are for sale.
We can let you decide why not a very high percentage of RAMs are on the used market.
Chris
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