When adding goods, you can select an estimation method.
- When you choose [Market value], the value will be estimated using the sale price of your goods on various marketplaces, such as eBay, Amazon, etc.
- When you choose the [Residual value] option, the value will be estimated with a Valoo algorithm that uses several parameters such as the purchase price, the type of goods, their condition, etc.
- Finally, when you choose [Estimate it myself], the estimated value will be the one that you have entered.It must emphasised that Valoo strives to continuously improve its algorithm.
This is done so as to deliver a truly reliable value.