Is Parker's Guide Accurate?

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Parkers is useless as a price guide, i'm not surprised you've been laughed at in all honesty, it is seen as a complete joke in the trade.

Glass's is what you want really, though i've no idea if they do free valuations like Parkers do.
 
It's a guide, not a certified fact. There's so many regional variations, and ridiculous dealer markups, that it's difficult for any guide to give you something that's spot on for your area - especially if you're not using a mileage or option adjusted valuation, which can lead to massive fluctuations in the value. Just using the free valuation or the physical guide will give you an idea, not a precise guideline, for that exact car.

The reason they laugh at you is because they probably took the Parker's figure and put two grand on it - and are waiting for you to just go "oh...." and go through with the purchase as to not make yourself look like some kind of unknowing idiot :D

A dealer will always try and put you on the back foot, if you're haggling, so even if you told him you were using a Glasses or a CAP Black Book he'd probably just go "Nah mate, that's because......" :D
 
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To laugh at Parker's, Glass's or CAP valuations in general is really laughable in itself. They are all approximations and the reality is all three methods are not perfect and they are indicative by nature.

The success of Glass's or CAP is at least somewhat down to the mentality traders have, and that's not usually a very clever one. It's not because their valuations are somehow leagues better than Parker's and traders are the masters of detecting this.
 
A dealer will always try and put you on the back foot, if you're haggling, so even if you told him you were using a Glasses or a CAP Black Book he'd probably just go "Nah mate, that's because......" :D

i had exactly that happen.

"oh but i dont uses glasses because ..." and went into some spiel about how they were meaningless. Prepared speech no doubt :D
 
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