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#20
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VCP is not offering any opinions on what they think the market should be; they are merely reporting sales that have already transpired.
SMR, on the other hand, is estimating what they think the market should be. My guess is that they are lobbied by dealers and may not be entirely objective. All guides that estimate prices have a certain obligation to the people who support them, or they will lose those advertising dollars to a competitor. That's why I don't consider SMR to be legitimate price guide. Of course, there are some cases where they may in fact be pretty close to market, as that will happen. |
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