Disclosed herein are a vehicle and a control method of the vehicle. The vehicle includes a communication device which communicates with a nearby vehicle in a predetermined range based on the Vehicle-to-Vehicle (V2V) communication method, and a controller which forms a network with the nearby vehicle and calculate representative speed of the network based on at least one of speed information of the vehicle or speed information of the nearby vehicle, and the controller calculates link speed of a road link based on the representative speed of the network.