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Used-Line Value (ULV)

 
The Used-Line Value (ULV) is based on the asking price for the item as appeared at Used-Line.com in past four years. The ULV is a rounded weighted mean of the median values of the items for each year:
 
 
Where
 
  • P is the Used-Line Value
  • P1i , P2i , P3i are various asking prices for year i
  • Median(P1i , P2i , P3i) is the median value for all asking prices for year i
  • Ci is a weighted coefficient (relative weight) for year i
  • The coefficients (relative weights) for last four years are summarized in the table:
    YearCoefficientRelative weight
    Current yearC150%
    Previous yearC230%
    Previous yearC315%
    Previous yearC45%

     
    September 03, 2010 12:06 PM
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