11.11%
Global ranking: #25
Latvia Used Car Market Transparency Index
Latvia
Rank:
#24
Score:
-160.6
220
200
180
160
140
120
100
80
60
40
20
average
-20
-40
-60
-80
-100
-120
-140
-160
-180
-200
-220
-211.7
-160.6
-105.5
-84.9
-77.1
-67.7
-63.7
-32
-25.3
-8.3
-5.4
-2.5
11.3
27.7
28.6
29.6
39.2
51.2
60.1
76.2
76.7
77.4
91.9
104.8
169.9
102,618 km
Global ranking: #25
Average odometer rollback value
57.41%
Global ranking: #22
Percentage of damaged cars
€2,957
Global ranking: #2
Average damage value
69.83%
Global ranking: #21
Percentage of imported used cars
11.05
Global ranking: #21
Average age of checked cars
Car history report
Avoid costly problems by checking a car's history. Just enter the VIN and get a full report.
Trusted by over 1,800,000 people across 30 countries
Car history report
Avoid costly problems by checking a car's history. Just enter the VIN and get a full report.
Trusted by over 1,800,000 people across 30 countries
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| Topic | |||||
|---|---|---|---|---|---|
Percentage of odometers clocked | - | - | - | - | - |
Average odometer rollback value | - | - | - | - | - |
Percentage of damaged cars | - | - | - | - | - |
Average damage value | - | - | - | - | - |
Percentage of imported used cars | - | - | - | - | - |
Average age of checked cars
| - | - | - | - | - |
Car history report
Avoid costly problems by checking a car's history. Just enter the VIN and get a full report.
Trusted by over 1,800,000 people across 30 countries
About
carVertical’s Market Transparency Index measures the level of potentially hidden or false information provided to a customer when buying a used car. We conducted this research in the 30 countries where carVertical has been offering car history reports for at least one year.
This research relies on data from actual car reports bought by our customers over a period of 12 months, from October to September each year. We’ve only used data from reports we consider high quality according to our internal quality standards (e.g., a quality report must have at least three odometer reading records).
We consider a car as imported when it has history records in countries other than the country the report was bought in.
When counting the relative damage value, we excluded minor damages under €500, such as a broken side mirror or small scratches. To compare the situation in different countries, we divided the average damage value by the GDP per capita.
carVertical’s Market Transparency Index is based on 6 factors, totaling a maximum score of 1.2. Since their predicted impact on market transparency may differ, carVertical data experts assigned these factors different values.
1.2Total score
0.3Percentage of odometers clocked (%)
0.15Average odometer rollback value (km)
0.2Percentage of damaged cars (%)
0.2Relative damage value *We divided the average damage value by the GDP per capita within a country.
0.3Percentage of imported used cars (%)
0.05Average age of checked cars
Media contacts
For media inquiries, please contact us at press@carvertical.com . We are always happy to share more information about our studies, provide additional statistics from our databases, or set up a personal interview.
Articles
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