Used car market transparency index
Based on 6 main criteria, our in-depth study ranks 30 countries from the most to the least transparent
Highest rank
Score:
United Kingdom
- #5
- Percentage of odometers clocked (2.27%)
- #2
- Average odometer rollback value (56,320 km)
- #2
- Percentage of damaged cars (17%)
- #17
- Average damage value (€4,357)
- #1
- Percentage of imported used cars (2.34%)
- #23
- Average age of checked cars (11.24)
Lowest rank
Score:
Ukraine
- #24
- Percentage of odometers clocked (9.46%)
- #19
- Average odometer rollback value (92,393 km)
- #18
- Percentage of damaged cars (54.72%)
- #10
- Average damage value (€3,550)
- #24
- Percentage of imported used cars (78.38%)
- #18
- Average age of checked cars (10.58)
Global index
All countries ranked
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Italy
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Germany
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France
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Denmark
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Finland
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US
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Czech Republic
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Portugal
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Poland
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Hungary
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Serbia
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Bulgaria
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Romania
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Latvia
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Ukraine
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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.
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
Curious to learn more about this research? Check out our blog posts below.
