2/23/2023 0 Comments Kelly black bookRemember, KBB makes money from selling leads (your personal information) to dealers. This is where KBB gives you a better idea of your car's true value which may be much lower if you're not trading in against a shiny new car with a very high profit margin. Need convincing that the KBB value may not be as accurate as you think? Check out KBB Instant Cash Offer. How can a dealer pay Blue Book and afford to sell your trade-in at a loss? The answer's simple, the trade-in math favors the dealer.įor a fair value for your car, try the fast, safe and fair way to sell your car today at ®. A dealer paying Blue Book for a trade-in is either going to retail the car (more profit) or push it back through the auto auctions, often at a loss. Selling privately, you're unlikely to get the Kelley Blue Book trade in price, but that doesn't mean you're getting a bad deal, simply a fair market price. Kelley Blue Books's trade-in price assumes you're buying another car and the dealer has some profit to play with. If you want to sell your car privately or get a bigger discount on your next car by avoiding the dealer's trade-in math, the Blue Book trade-in price may not be the best benchmark for you. The dealer is looking at the overall profit on the deal. Attractive trade-in prices are usually subsidized by reducing the discount on your new car. The most important factor for you as a buyer, however, is the cost to change. Dealers use questioning techniques to find out whether you're more interested in a great trade-in price or are looking for a big discount on a new car and will tailor the deal to give you the perception of value. When trading in your car for a new car, you'll usually be offered an attractive price for your car. When it comes to realizing the Blue Book price when selling a used car outright, sellers often find their expectations are set too high. Kelley Blue Book or KBB is a respected used car price guide often quoted by used car dealers to demonstrate that prices of cars on their lots are fair. When you get to the KBB site, you’ll see a ton of different motorcycle. When it comes to trading in your motorcycle, you’ll likely hop on over to the Motorcycle KBB, put in your motorcycle’s information like VIN number, styles, model, year, mileage, and so on. How Accurate are Kelley Blue Book® Car Values When Selling Your Car?Ĭar sellers often turn to Kelley Blue Book® to find out how much is my car worth. Using Kelley Blue Book Motorcycle for Trades.
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