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post #1 of 8 (permalink) Old 07-07-03, 04:12 AM Thread Starter
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Redbook V Glass's guide

For anyone in the car yard game. Which of these two valuation guides does the motor trade use? Why is there a difference in the valuations given between the two guides for the same car?

I would have thought that there would be very little difference between these considering they are the main two references used. Which one is right??

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post #2 of 8 (permalink) Old 07-07-03, 09:38 AM
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Glass's guide was the one I used to use when I sold the then new VN Commodore and other Holden stuff years ago for trade-in's as it is a long established org'(50 years), more credible and given preference in the trade than anything else. And it's very accurate.

Redbook has not been established anywhere near as long as Glass's guide.

I would go for Glass's over Redbook because that's who the insurance industry and car trade use!
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post #3 of 8 (permalink) Old 07-07-03, 03:44 PM
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I find Glass's guide is used more ofter then Red book.

When you are looking up a figure in the GG, be sure you see haow to make it accurate by using the adjustment tables.

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post #4 of 8 (permalink) Old 07-07-03, 07:26 PM
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Re: Redbook V Glass's guide

Is Glass's guide online ?
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post #5 of 8 (permalink) Old 07-07-03, 08:01 PM
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Glass's is online but unlike red book, they charge... :(

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post #6 of 8 (permalink) Old 07-07-03, 10:03 PM
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Re: Redbook V Glass's guide

I find the Drive.com.au price estimates quite good, they seem to value cars a bit higher than RedBook. http://www.drive.com.au/buy/market_value/
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post #7 of 8 (permalink) Old 07-08-03, 03:44 AM
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Depends whether your buying or selling lol. If your buying - Redbook, if your selling - Glass' Guide.
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post #8 of 8 (permalink) Old 07-08-03, 04:36 AM
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Re: Redbook V Glass's guide

A valuer i know uses the glasses guide, but they can be way off. Valuations can change very quickly.
Example, when i sold my Rodeo in February it was listed as $17500 in Glasses, and $18000 in the online redbook quote, yet 3 different dealerships offered $14000 as a trade in at the same time. Ask around at dealerships to see what is worth what..preferebly someone you may know if possible so you get the real story

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