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parkers online used car valuations...useless?

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Very disappointed with this online guide.I thought they were up there with Glasses.

Don't think I am getting the correct figures for my Octavia vRS (based on what they are selling for..and yes,there are the selling prices for Franch/non franch/good/poor/part ex)

More worryingly,the mx5's I have been looking at bear no resemblence whatsoever to the suggested figures from Parkers.

Yes,I know there is a 'summer' market but I thought prices were based on continual checks of what other cars are selling for:confused: .

Any better 'freebie' used car valuation sites? Thanks

Yes, Parkers is useless and just gives sellers a false impression of what their car is worth :( I always use the Vauxhall web site which has a used-car-valuator on it which uses Glasses under the covers to find a px price. I usually assume this is the actual worth, and then for a private sale add 1k on (all the cars I look at are under 10k :o)

Chris

All these guides are supposed to reflect the market price. I'd thus look at the market and come up with a price. Otherwise the market ends up reflecting the book value, so the authors end up setting the countries used car prices, and that aint right!

Phil

Use the vauxhall wbesite ;) Go to Used Cars, then from the top menu find the option for "value my car" (something like that anyway)

All these guides are supposed to reflect the market price. I'd thus look at the market and come up with a price.

But you'll only see what price cars are up for, rather than the price they sell for so you'll be reflecting what people think their cars are worth rather than what they're actually worth ;)

Chris

To accurately assess what the market's doing you need to know a friendly trader, with access to GAP and the Glasses 'bible'. CAP's Black Book is particularly useful for tracking trends in price rises/falls.

Not much help I know, if you don't know a trader! That Glasses PX guide mentioned above is still useful though. I'd also consider paying the

Or go see what the dealer will give in exchange for an MX-5 & get the best deal you can - doesn't really matter what the guide price is because they're just that - a guide, not an absolute valuation.

Different cars will sell for different prices in different parts of the country.
But you'll only see what price cars are up for, rather than the price they sell for so you'll be reflecting what people think their cars are worth rather than what they're actually worth ;)

Chris

A car is worth what the general buyer thinks it is worth, which will be based on what the general seller is expecting to sell for. As said above, markets vary with region, so no one single price can accurately depict a cars value. If somone is prepared to pay what others percieve to be over the odds, then that is what the car is worth, at that time. A slightly upturned concept, I know, but it is true:P

Phil

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To accurately assess what the market's doing you need to know a friendly trader, with access to GAP and the Glasses 'bible'. CAP's Black Book is particularly useful for tracking trends in price rises/falls.

Might be looking to offer this shortly as a freedom perk :)

I think 'freedomers' would find that most useful Colin :thumbup:

Steve

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