The Standard

Benchmarks and certificates the market references. Once a rating agency cites the index or an insurer settles a claim on the Passport, participation stops being optional.

Figures on this page were counted on 12 September 2026.

The decision you are pricing

What is this vehicle worth in 36 months, and will anyone stand behind the number? Is the body on this chassis approved, and by whom? What does the market as a whole know that my book alone cannot tell me?

Residual IndexModelled

Nine closes on the yard and no electric close yet. The ledger is its credibility until the yard deepens. Figures on this page were counted on 12 September 2026.

What a commercial vehicle is worth by variant, age, kilometres and state, published monthly with its grade. The electric curve comes first, because it is the number that stalls electric truck finance and nobody credible owns it. Modelled today from list prices and nine closes on a young yard; every figure says so.

What you pay for today
Valuers at 500 to 2,000 rupees a vehicle, flat depreciation tables, and auction-side indices owned by a counterparty.
Unit and band
15 to 40 lakh rupees a year; single valuations from 49 rupees; IDV and LTV tables from 3 lakh rupees a year
a licence a year
Now
Live arithmetic from list prices and the yard's closes; the curve is modelled until the yard deepens.
On the API
GET /index/residual with filters arrives with the viewer; the register's variants and dated prices are on v1 today.

Body Book certificateNext

The certificate itself is next; the envelope, the observed bodies and the ratification are live on every chassis page. Figures on this page were counted on 12 September 2026.

Which bodies are approved on which chassis type, as a certificate an insurer or lender accepts. It grows from the Body Book, which already reads 848 bodies on 480 chassis types and lets builders ratify them. The certificate is a PDF with a verification address.

What you pay for today
Nothing. The question the industry asked in 2014 never got an answer.
Unit and band
499 rupees a certificate; insurer and lender licences a year
per certificate; a licence a year
Now
Stages one to three are live: the envelope from Rule 93, bodies read from photographs, ratification by builders and makers.
On the API
The envelope and the observed bodies are on every variant on v1; the certificate endpoint is next.
For a design partner
In month one
Variant-level Body Book checks on every file you send, and the certificate format.
What you co-design
The certificate's fields and the acceptance clause.
What moves the grade
One accepted certificate in a real claim moves it to Pilot; two insurers, Live.

CV PassportPilot

A pilot with one insurer; it needs a chassis registry that does not exist yet. Figures on this page were counted on 12 September 2026.

One record per vehicle: chassis number, body, approvals and specs, ratified by the builder and accepted by an insurer. Once it settles a claim, body builders and dealers must submit to it. It runs as a pilot with one insurer while the registry is built.

What you pay for today
Surveyor visits and paper approvals nobody can verify.
Unit and band
499 rupees a certificate; insurer and lender licences a year
per certificate; a licence a year
Now
Variant-level checks run today; the per-vehicle record is the pilot.
On the API
GET /passport/{chassis} and the certificate endpoints arrive with the pilot.
For a design partner
In month one
Variant-level Body Book checks on every file you send; the certificate format.
What you co-design
The chassis-registry fields, the ratification workflow, the acceptance clause.
What moves the grade
One accepted certificate in a real claim keeps it at Pilot with evidence; two insurers move it to Live.

Clean RoomNext

Not built; it starts when two seats in different categories are sold. Figures on this page were counted on 12 September 2026.

A contractual, audited data trust. A maker, a lender and an insurer each contribute their slice and query only aggregates of the whole. Nobody sees a rival's rows, and a member can leave and take its rows out.

What you pay for today
Nothing. None of them can hand their slice to a rival.
Unit and band
25 to 75 lakh rupees a year
a membership a year
Now
A contribution schema and a contract draft exist as the first deliverable to a member.
On the API
Aggregate queries only, under a minimum cell size, with an audit log every member can read.
For a design partner
In month one
A contribution schema review and a contract draft.
What you co-design
The minimum cell size, the query catalogue, the exit terms.
What moves the grade
Three contributing members move it to Pilot.

How the numbers are made

Shriram Automall's ThePriceX and its insights report sit on eleven years of the automalls' own transactions, tuned with IIT Delhi. Edge does not compete on transaction volume and will not. It competes on three things: neutrality, a benchmark not owned by any lender's counterparty or any maker; the public ledger, every figure sealed and scored where anyone can check; and the register's side of the market, list prices, launches, dealer floors and operator intent, which auction data cannot see. Auction-side data is one channel of the market; Edge grades its own yard honestly for the same reason.

The method: how the register is maintained by agents under evidence rules

On the ledger

The forecasts this pillar has sealed, with their verdicts.

SealedForecastVerdict dueStatus
12 September 2026Hammer on lot BF-2204, a 2022 Force Trax DV: between 5.7 lakh rupees and 6.6 lakh rupees, predicted 6.2 lakh rupees.16 September 2026Pending
12 September 2026Hammer on lot GC-2221, a 2020 BharatBenz 2823RT tipper: between 11 lakh rupees and 13 lakh rupees, predicted 12 lakh rupees.16 September 2026Pending
12 September 2026Real list-price moves on the register in the 30 days to 12 October 2026: between 1 variants and 3 variants, predicted 1 variants.12 October 2026Pending
12 September 2026Hammer value on the yard, October 2026: between 6 lakh rupees and 3 crore rupees, predicted 1.5 crore rupees.31 October 2026Pending
The full ledger

A design-partner seat buys every product here, the API and a vote in the method. The seats

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