What Does Cap Stand For In A Car Price Guide?
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CAP Motor Research Limited
Widely acknowledged as the independent benchmark for used car trade prices, forecast vehicle values and new vehicle data, CAP is the premier provider of factual information to the UK automotive industry. CAP’s uniquely comprehensive databases of new vehicle pricing, technical and equipment options information are unmatched by any other data provider. CAP also provides a range of business solutions to top-flight vehicle retailers, insurers and the fleet, leasing and contract hire sector. CAP Motor Research Limited, Capitol House, Bond Court, Leeds LS1 5EZ http://www.theaa.com/cbg/goodadvice/comm…
There are three main trade price guides for car and motorcycle prices. They are:
Glasses’ Guide.
Parker’s Guide.
Cap Green Book.
When you buy or sell a vehicle at trader, they will loosely base the prices on those guides. The guides usually rate a vehicle as ‘poor’, ‘average’ and ‘good’.
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