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UNSWCoursework

Used-car pricing with machine learning

Used-car price estimates from online marketplace listings

  • scikit-learn
  • Python
Animated overview of the steps below (an illustration, not recorded footage).

From listings to price estimates

  1. 01Step 1 of 3

    Listings

    Online marketplace listings of used cars.

  2. 02Step 2 of 3, scikit-learn

    Models

    Regression and clustering models in scikit-learn.

  3. 03Step 3 of 3

    Price estimate

    An estimated price for each used car.

Tech stack in this project

  • scikit-learnRegression and clustering models
  • Regression
  • Clustering

Why it matters for supply chain

  • Price models = procurement cost benchmarking
  • Clustering = item segments for inventory policy
Read the full case study

Problem

Estimate used-car prices from online marketplace listings.

Approach

  1. Built regression and clustering models on online marketplace listings to estimate used-car prices.