In this paper, we examine the perturbed absolute value Variational inequalities (PAVVI), a new class of Variational inequalities. For the (PAVVI), some new merit functions are established. We develop the error bounds for (PAVVI) using these merit functions. The results presented here recapture a number of previously established findings in the relevant fields because (PAVVI) include Variational inequalities, the absolute value complementarity problem, and systems of absolute value equations as special cases.