Verikar

Verikar develops a pricing engine and its web site with accompanying mobile apps that users can get information about market value of the used cars in Turkey. We take a very different approach in doing so. We use web advertisements of used cars. We basically monitor these ads to extract information about features of the cars. We also monitor to determine when these are taken offline by the owners. This creates a proxy for a possible sale event. Since we know when the ads are put online and when they are taken offline, we can easily determine price-response models. Therefore we can also build prediction models to determine market values of the used cars.

Pricing Engine can be used as B2B and B2C services. Verikar is a registered (trademark) brand in Turkey.