Guwahati, June 2 -- When a seller gets an initial online valuation for their car from Cars24, they receive a number based on information they have declared. Make, model, year, fuel type, variant, kilometres driven, number of owners, and city. This is the information the system has to work with, and the AI model processes it against market data to produce a range or estimate of what the car is likely worth.

This estimate is useful. It gives the seller a meaningful indication of their car's market value before committing to any process. It sets expectations and allows comparison shopping across platforms. What it is not is a final price. It cannot be, because it was generated without seeing the car.

The final price that emerges after phys...