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Built a Canadian appraisal tool after 20 years in the industry — feedback wanted

May 4, 2026
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David
Hey all, founder here so flagging that up front. 20 years in the auto industry, based in Vancouver, and four months ago I started building something I'd wanted for a long time. I'd rather get honest feedback now than find out the hard way later.

The tool is TradeBasis (tradebasis.ca). Canada-only for now, US is on the roadmap once we've earned the right to expand.

What got me started: vAuto is a powerful tool, but the flexibility cuts both ways. With enough knobs — comp set radius, exclusions, recon, MDS adjustments — a determined user can land on a wide range of numbers for the same car. That works fine when the user knows what they're doing. It's less great when a salesperson or a newer manager is the one driving. I wanted to build something simpler that produced a defensible number with a comp set you could see at a glance.

The Lite tier ($99 CAD/mo, one seat, unlimited use) is three inputs, three outputs. Walk the lane, punch in a VIN and km, get a number based on live provincial market data with a transparent comp set you can click through. Mileage adjusts automatically (logarithmic, not linear — a 200k unit shouldn't get penalized the same way per km as a 60k unit). User has one condition slider, capped between 85–98% of market. That's intentional — you can't massage it into a fairy tale.

The Pro tier ($499 CAD/mo, up to 10 seats) is the full desk tool — custom comp sets, exclude individual listings (kick the $30k declared accident car), recon adjustments, market days supply, customer trade walk-down sheet, inventory with live re-pricing, gross/DOM tracking, photo storage. More customizable than most tools, not for newbies.

Who I'm building for:

  • Independents on a static book or no tool at all
  • Floor managers/SMs at franchise stores who want a quick second opinion on a number
  • Mobile-heavy users who want something genuinely usable on the lane
  • Anyone who wants a second data set — we pull comprehensive dealer listings, not just the AutoTrader-fed slice
Who I'm NOT building for: Stores already locked into vAuto for 20-group reporting. That's a real workflow and I'm not going to pretend a switch is easy or even smart. I'd rather augment vAuto for those stores than try to displace it.

No contracts, no setup fees, sign up online without a sales rep if you don't want one. We don't advertise a "free trial" — if you sign up and it's not for you, cancel.

What I want to hear:

  • Is the Lite/Pro split the right shape, or am I cutting the wrong things from Lite?
  • US folks — what would make you take a serious look once we cross the border?
  • Anyone using Carbly, Stockwave, or vAuto: what's the one thing none of them do that you wish they did?
Value honest feedback. Thanks for reading.
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Concept sounds solid, especially the “defensible number + visible comps” angle - that’s what most tools get messy with.
Main risk I see is Lite might be too stripped down for people who actually want confidence in the number. If it feels like a black box even with transparency, users may jump straight to Pro or not trust it.
If you expand to the US, biggest test will be data coverage depth vs vAuto - that’s usually where these tools live or die.
 

✨ AI Highlights

  • A Vancouver-based founder with 20 years of auto industry experience introduces TradeBasis, a Canadian appraisal tool designed to simplify trade-in valuations compared to vAuto by reducing user flexibility and producing more defensible, transparent numbers.
  • The key feedback warns that oversimplifying the Lite version risks users losing confidence in the tool or upgrading to Pro, and that US expansion success will depend on matching vAuto's data depth and coverage.

A Vancouver-based founder with 20 years of auto industry experience introduces TradeBasis, a Canadian appraisal tool designed to simplify trade-in valuations compared to vAuto by reducing user flexibility and producing more defensible, transparent numbers. The key feedback warns that oversimplifying the Lite version risks users losing confidence in the tool or upgrading to Pro, and that US expansion success will depend on matching vAuto's data depth and coverage.

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