Glass's Information Services

Pricing Information

Private Buy / Sell range

The price recognises, subject to the age of the vehicle its condition being of reasonable standard and the annual distance travelled being less than 20,000km per annum. A vehicle sold or purchased privately may fall within this price range.

This price range is intended as an indication only, with the final agreed price being dependent on the perceived condition of the vehicle and an individual’s negotiating ability. For sellers who are patient this is frequently the best means for disposing of a vehicle to maximize its sale value.

Dealer Trade

This is a price that a seller wants when trading a vehicle at a franchised dealer for a replacement vehicle.

In the current environment this price will be greatly influenced by a dealer’s preference to retail or to wholesale the vehicle.

An agreed trade in-value will be influenced by:

  • The condition of the vehicle being traded
  • Odometer reading
  • Number of like vehicles a dealer already has in stock

If a vehicle being traded is not of the same make that a franchise specialises in the value placed on that vehicle may not be as high as a like franchise dealer may have placed on the vehicle.

If you are trading a vehicle for cash, the value offered by the dealer may be considerably lower than that offered as a trader-in value an another vehicle.

A dealer also factors other costs into the deal when valuing your trade-in. these include reconditioning costs, sales and inventory costs, retaining a reasonable margin and the ability to sell the vehicle on his lot. The price on your trade will also be influenced by your replacement selection, a dealer may use some of the margin he has in the replacement vehicle to load the value of your trade.

Dealer Retailer–franchise

The price a dealer has on a used vehicle in his lot is influenced by a number of factors:

  • The price at the time s/he purchased or traded the vehicle in
  • Lot charges
  • Reconditioning
  • Sales costs
  • A fair profit margin

The price at which you are able to obtain the vehicle will be determined by the value of the trade-in (if you have one) and your own negotiating ability.

Condition, odometer reading and level of options will also influence the pricing range.