Why Thousands of Dealers Use Galves
The answer, as usual, is money. Dealers need a guide they can really depend on to be current and accurate. If we provide values that are too low, dealers lose deals- if they are too high, dealers lose money. Galves can’t afford to be wrong because dealers can’t afford to be wrong. That’s why so many dealers trust Galves as their primary guidebook. They subscribe because they know our numbers are the most accurate and realistic in the industry and they understand our 55+ year commitment to providing values that just "work."
Our Pricing Perspective
Galves publishes two wholesale values for each vehicle. The wholesale values Galves publishes are:
Galves Trade-in Value: represents the "actual cash value" of a consumer owned trade-in. This value should be used among dealers when handling "as traded" vehicles. Represents a vehicle in good cosmetic and mechanical condition. May need some minor reconditioning in the area of brakes, wheels, interior and exterior cosmetics. Any previous paintwork must be of good quality and not extensive or involving structural damage. Will need minor reconditioning and detailing to be sold at retail. Free of vehicle history issues. Most consumer-owned vehicles fit into this category.
Galves Market Ready Value: Value for an exceptional/reconditioned 'market ready' vehicle. More representative of an auction transaction. Value for a vehicle that needs no reconditioning mechanically or cosmetically. Excellent wheels and tires. All systems have been inspected and are operating optimally. No evidence of significant paintwork or vehicle history issues. Excellent service records and service history. A vehicle that would qualify for certification. Only the most exceptional consumer-owned vehicles fall into this category.
It is worth noting that Galves does NOT publish retail values. Retail transactions include so many potential variables with respect to such things as warranty, certification, finance incentives - just to name a few - as to make retail valuations confusing or misleading.