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AndyP & Lenore
21st February 2009, 10:40 AM
Here's a question for everyone, but in particular the dealers and car industry workers who post up here.

Glasses guide. How do they come about their figures? Do they look at the average prices vehicles are selling at on the forecourt and use that figure in next months guide book? Or do they have a wee committee who sit down, have a chat about the market and decide a percentage drop for every make and model in the market and use that resulting figure to publish in their book?

No point in speculation, only post up if you really KNOW the answer.

A.

MartinSullivan
21st February 2009, 11:10 AM
From Glass website, still a little vague as to how they actually come up with the figures

Glass’s Motoring Guide incorporates information on vehicles from 40 manufacturers, with our valuation data receiving thousands of updates from the team of data researchers every month. This is analysed and developed by an experienced team of specialist editors, ensuring that our values are as up to date and informative as possible in an ever-changing market.

AndyP & Lenore
21st February 2009, 01:57 PM
Cheers Martin. I trolled around their web site and couldn't find anything else either.

Like you say, clear as mud really.:sad:

But.... "This is analysed and developed by an experienced team of specialist editors, ensuring that our values are as up to date and informative as possible in an ever-changing market." Leads me to think it's not just a reporting of sales values on the forecourts, but that Glasses actually give their own opinion of what any listed vehicle is valued at.

Surely, this is a very dangerous position for a publishing company to be in, during the current climate.:eek:

A.:sad: