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Kbb is a guide, that is often wrong 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. The only way to gauge market value is the pricing of similar cars for sale in your local market
If there's a cheaper one out there, go look at it or use it as a negotiation point In the usa we use websites like kelly blue book, nada, or edmunds 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 dealer will have a system that shows values from black book, mmr (auction values), jd power (formerly nada), and more importantly comparable vehicles for sale in the market The dealer will look at the vehicle to determine reconditing needed, and all four of the above resources. 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
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. Does anyone ever get the value that kellys blue book says their car is worth?
On a whim, i opted for a kbb instant cash offer for my car this morning
Truethis is purely from my own experience and ymmv Carmax, as long as you're honest with the appraisal form, will give you what they offered With the kbb instant offer, i took one car to the dealer that offered the most The car in question was a tacoma with barely 5,000 miles on it
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
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