The only way to gauge market value is the pricing of similar cars for sale in your local market I obviously cant speak for other dealers but at the dealer we find kbb actually offers less than we would If there's a cheaper one out there, go look at it or use it as a negotiation point
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If there's not, then you have your answer
Its very common to sign a loaner agreement to take a car off the lot
It gives you permission to drive a car that you don't own The issue is that the name directly refers to the actually reputable kelley blue book and thereby leeches off of its reputation, despite having nothing like the same amount or quality of underlying data If you're looking to trade a vehicle, please get other offers Set your goal as something realistic, don't cherry pick the one highest offer you saw on a consumer guide
Kbb does have an instant cash offer feature, which will give you a more realistic number As good as that tool is, very few people use it. Is the kbb cash offer actually a legitimate program or is this basically the same as walking in to a dealership to sell with an extra step added In theory, kbb will buy your car for the price it’s appraised for based on kbb’s criteria regardless of whether or not the dealership thinks it’s worth that price
What actually happens is the dealership usually doesn’t care what kbb.
On a whim, i opted for a kbb instant cash offer for my car this morning Does anyone ever get the value that kellys blue book says their car is worth? Someone told me that kbb isn't really a good measure of the value of a used car If so, is this actually a great deal
In my opinion it seems a little high but maybe my perception is just thinking of 2020 when prices were lower Tl;dr 2019 4wd toyota taco, long bed, crew cab, w/42.4k miles for $34,650 Is accepting an instant cash offer from kelley blue book a bad idea I’m trying to sell a 2006 toyota corolla le in az with 120k miles in pretty good shape
Kbb says private value is about 4800
In the usa we use websites like kelly blue book, nada, or edmunds You enter in the vehicle type, year, condition, and state where you are trying to sell it and you can find out how much a car is worth, so you don't get ripped off when buying or selling. I wish we had more people like you come to our dealership Yea, the kbb ico program is legit
Assuming you filled in everything correctly, you can collect the check and run