NADA Used Car Guide, now J.D. Power Valuation Services - FAQ's
8401 Greensboro Drive, Suite 1000
McLean, VA 22102

What is behind the J.D. Power MarketValues predictions?

Prediction Methodology:

  • The J.D. Power MarketValues predictions start with understanding the "DNA" of a vehicle.

  • Our analytical models consider 22 different vehicle details, ranging from Year, Make, Model, Trim to Color, Transmission, Doors and Engine.

  • Next, we analyze the dealership and their historical performance.

  • We compare all of this to the competitive vehicles in a local market, taking into account consumer demand.

  • All of this data above gets analyzed by multiple Artificial Intelligence models, including a linear regression model, a gradient boosting decision tree and a neural network. Last, we constantly update and retrain these models as new data flows in, helping to further improve the accuracy of our predictions.

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