V3 Valuation Tool Redesign

Fall 2023 | Industry Sponsored Project

A redesign of Carputty’s vehicle valuation tool to streamline data input, support better decision-making, and provide dynamic visualizations of vehicle value trends over time.

TIMELINE


Aug - Dec 2023

MY ROLE


Main UX Researcher

Literature Review, Competitive Analysis, Survey, Semi-structured interviews, Affinity Mapping, Wireframing, User Testing, Heuristic Evaluation

TOOLS


Qualtrics

MS Office

Figma

Figjam

OVERVIEW

As part of the Psychology Research Methods course, our team partnered with an industry client Carputty - an auto financing startup based in Atlanta, GA. with a V3 vehicle valuation tool.

Carputty encourages individuals to view their vehicles as investments. Carputty also offers a unique vehicle valuation tool called "V3 Valuation Tool" that uses predictive AI and industry data to predict the future value of their vehicles over time.
As part of the Psychology Research Methods course, our team partnered with an industry client Carputty - an auto financing startup based in Atlanta, GA. with a V3 vehicle valuation tool.

Carputty encourages individuals to view their vehicles as investments. Carputty also offers a unique vehicle valuation tool called "V3 Valuation Tool" that uses predictive AI and industry data to predict the future value of their vehicles over time.
As part of the Psychology Research Methods course, our team partnered with an industry client Carputty - an auto financing startup based in Atlanta, GA. with a V3 vehicle valuation tool.

Carputty encourages individuals to view their vehicles as investments. Carputty also offers a unique vehicle valuation tool called "V3 Valuation Tool" that uses predictive AI and industry data to predict the future value of their vehicles over time.

CHALLENGE

The V3 Valuation Tool is designed to empower customers with informed vehicle purchasing decisions, but its current level of customer interaction is limited. Carputty aimed to enhance the tool's features and visualizations to improve its usability and engagement.

SOLUTION

Redesigned V3 Valuation Tool with improved onboarding, reliability (E.g. market trends, data source) , and features (E.g. Save and Share, 360 degree valuation)

SECONDARY RESEARCH

COMPETITIVE ANALYSIS

Our initial step involved conducting a comprehensive competitive analysis of vehicle valuation platforms currently operating within the market landscape. This involved an exhaustive examination of leading websites and applications that offer vehicle appraisal services, scrutinizing their features, functionalities, user interfaces, and overall user experience.

SURVEY

We distributed surveys to reach a broad range of participants and asked participants about their familiarity with valuation tools, rank importance of different values in a car, and kinds of information they readily have available to provide to a valuation tool. We received a total of 25 responses.

CONTEXTUAL INQUIRY & SEMI-STRUCTURED INTERVIEW

We conducted 2 contextual inquiry sessions and 3 semi-structured interviews to gain in-depth understanding of our users


With contextual inqury...we evaluated participants' familiarity with valuation tools and conducted a 45min detailed website walkthrough onZoom, understanding their approach to financing a car.
With semi-structured interview...we assessed familiarity with valuation tools, preferences, and buying/selling contexts. We also explored the role ofpast, present, and future values in purchases

RESEARCH SYNTHESIS

Persona

User Journey Map

Affinity Mapping

DEFINE

HOW MIGHT WE

DESIGN REQUIREMENTS

IDEATE

GROUP BRAINSTORMING

As a group, we engaged in brain dump & SCAMPER to generate 4 different concepts

USER FEEDBACK SESSION

We held a think-aloud feedback session to understand how reliable and intuitive each concept is, uncover any unnecessary or missing elements, and address accessibility concerns

Feedback Notes

CREATE

WIREFRAME

Based on our feedback session, we combined features from each concept to create a low-fi wireframe

HI-FI PROTOTYPE

Access Full Prototype

TEST

HEURISTIC EVALUATION

We conducted expert evaluation with 3 UX experts, where experts evaluated our prototype against 10 Nielsen Heuristics. Evaluators completed a series of tasks in the prototype while filling out Heuristic table and identifying usability issues.

USER-BASED TESTING

We conducted 4 user-based testing sessions in which users completed a set of 10 task scenarios using our prototype. Afterwards, participants completed a SUS questionnaire. While conducting the sessions, researchers kept track of task completion rate, time it took to complete each task, and number of clicks

DESIGN IMPLICATIONS FROM EVALUATION

REFLECT

FUTURE STEPS

REFLECTION

1. Navigating Project Direction with Clients

Working with clients throughout this project made me more comfortable with ambiguous answers and addressing feasibility concerns.


2. Carefully Selecting Research Methods

Because of the nature of our problem space, we realized contextual inquiry was not as useful as other methods we engaged in. Looking back, we could have uitilized our time better by distributing surveys early and recruiting as many people as possible for semi-structured interviews.

© S.Park

2025

© S.Park

2025

© S.Park

2025