UAE used-car glossary

Confidence Band

Also known as price range, confidence interval, valuation band.

A confidence band is the high–low range published around a valuation midpoint, expressing how reliable the number is. Narrow bands (±6%) come from segments with dozens of recent listings; wide bands (±18%) appear when the engine had to fall back to lower-confidence comparables. The midpoint is the engine's best single-point estimate.

Related terms

Fair Market Value (FMV)
Fair market value is the price a willing buyer and willing seller would agree on for a vehicle in an open market, with neither party under pressure.
Mileage Bucket
Mileage buckets group cars by kilometres-on-the-odometer into discrete tiers (e.g.

See it in context

/methodology — engine constants

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Understanding confidence bandis half the negotiation. The other half is knowing your car's actual fair-market range — independent, no agenda.

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