what is book price?
Discussion
Book price is what is shown by one of two main trade price guides - Glass's and CAP (current auction prices)
Both books are used extensively but are a guide only, not uncommon to see differences of up to 20% between values in the guides
Some vehicles will be worth more than book, some will be worth less and some will be worth around book
Guides will often give three valuations - above average condition, average and below average, there will also be adjustments for mileage and optional extras
Parkers etc are a complete joke - I once sat next to someone from Parkers at an industry function - they were quite open in saying - "We're in the business of selling magazines not valuing cars - we know that people will buy thee valuation guide that values their car the highest"
Best indicator of whether the car you are looking at represents value for money is to compare it to other cars of similar age, mileage and spec
Both books are used extensively but are a guide only, not uncommon to see differences of up to 20% between values in the guides
Some vehicles will be worth more than book, some will be worth less and some will be worth around book
Guides will often give three valuations - above average condition, average and below average, there will also be adjustments for mileage and optional extras
Parkers etc are a complete joke - I once sat next to someone from Parkers at an industry function - they were quite open in saying - "We're in the business of selling magazines not valuing cars - we know that people will buy thee valuation guide that values their car the highest"
Best indicator of whether the car you are looking at represents value for money is to compare it to other cars of similar age, mileage and spec
Andy665 said:
Book price is what is shown by one of two main trade price guides - Glass's and CAP (current auction prices)
Both books are used extensively but are a guide only, not uncommon to see differences of up to 20% between values in the guides
Some vehicles will be worth more than book, some will be worth less and some will be worth around book
Guides will often give three valuations - above average condition, average and below average, there will also be adjustments for mileage and optional extras
Parkers etc are a complete joke - I once sat next to someone from Parkers at an industry function - they were quite open in saying - "We're in the business of selling magazines not valuing cars - we know that people will buy thee valuation guide that values their car the highest"
Best indicator of whether the car you are looking at represents value for money is to compare it to other cars of similar age, mileage and spec
thks so i shouldnt feel like im being too conned then! is in v good conditionBoth books are used extensively but are a guide only, not uncommon to see differences of up to 20% between values in the guides
Some vehicles will be worth more than book, some will be worth less and some will be worth around book
Guides will often give three valuations - above average condition, average and below average, there will also be adjustments for mileage and optional extras
Parkers etc are a complete joke - I once sat next to someone from Parkers at an industry function - they were quite open in saying - "We're in the business of selling magazines not valuing cars - we know that people will buy thee valuation guide that values their car the highest"
Best indicator of whether the car you are looking at represents value for money is to compare it to other cars of similar age, mileage and spec
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