FAQs
The Kelley Blue Book® Instant Cash Offer is a real offer for a specific amount to purchase a consumer's car or apply the amount toward another car.
What does instant cash offer mean on KBB? ›
The Kelley Blue Book® Instant Cash Offer is: A fixed offer applied toward your next car purchase or used to sell your current car to a Participating Dealer (pending inspection) Valid for 7 days. No need to negotiate because each offer is a fixed amount.
How does an instant cash offer work? ›
The Kelley Blue Book® Instant Cash Offer is: A fixed offer applied toward your next car purchase or used t osell your current car to a Participating Dealer (pending inspection) Valid for 7 Days. No need to negotiate because each offer is a fixed amount.
Is Kelly Blue Book accurate in today's market? ›
The accuracy of KBB values can vary depending on several factors, such as the condition of the vehicle, its location, and the current market demand for that particular make and model. KBB values are based on a number of factors, such as the car's make, model, year, mileage, condition, and features.
Do banks use Kelley Blue Book? ›
On the West Coast, many financial institutions use Kelley Blue Book's WHOLESALE LENDING value as the standard of what amount to loan on a particular vehicle. In many cases, for these institutions to even begin the loan process, they must have a document showing KBB's WHOLESALE LENDING and RETAIL values.
What is KBB auction value? ›
The Kelley Blue Book® Auction Value is Kelley Blue Book's estimate of what a vehicle is expected to sell for at a wholesale auction. It assumes the seller has properly disclosed the condition of the vehicle.
Why would a seller prefer a cash offer? ›
A homebuyer who makes a cash offer intends to pay in full, with no mortgage or other type of financing. Cash deals are more appealing to sellers than financed deals, because they close faster and are less risky.
Can you negotiate Carmax cash offer? ›
No, all of our offers are firm and valid for 7 days.
Which is higher, trade-in value or cash value? ›
When consumers buy a new car and sell their current vehicle to the dealership, that vehicle is called a trade-in. Almost always, the amount of money that a dealer will offer for the vehicle, the trade-in value, is less than the amount of money that you could get by selling it on your own, the market value.
How much does Kelley Blue Book pay? ›
Kelley Blue Book Salary FAQs
The average Kelley Blue Book hourly pay ranges from approximately $18 per hour (estimate) for a Member Service Representative to $73 per hour (estimate) for a Senior Software Engineer.
Receive Money
- Cash. At the counter, the recipient needs to simply provide a valid ID and the 9-digit ICTC number to receive the funds. ...
- Bank deposits. This is a fairly straightforward method where you can arrange for the funds to be sent directly to your receiver's bank account. ...
- Mobile wallet. ...
- Home delivery.
90 Years of Pricing Expertise
Since 1926, Kelley Blue Book has been one of the most trusted names in the auto industry. You might say we literally "wrote the book on car values". And today there's no better place to find the value of your current car than KBB.com.
What does the Kelly Blue Book value mean when buying a car? ›
The Kelley Blue Book is a good estimation of what a car might sell for and how much it is worth. The price doesn't include warranties and other options that may increase the a cars value. Ultimately the KBB value is often used as a starting point for negotiation and not the final price.
Is Kelly Blue Book retail or wholesale? ›
The Kelley Blue Book® Lending Value is Kelley Blue Book's benchmark value for wholesale and retail lenders. Based on the Kelley Blue Book® Auction Value, the Kelley Blue Book® Lending Value assumes that the vehicle is in good or better condition, fully reconditioned, inspected, and prepared for retail sale.
Who makes Kelly Blue book? ›
Kelley Blue Book is a Cox Automotive brand.
