KBB Assessment 2024: Is KBB Value it for Automotive Sellers? « $60 Miracle Money Maker




KBB Assessment 2024: Is KBB Value it for Automotive Sellers?

Posted On Feb 21, 2024 от администратор с Коментарите са изключени На KBB Assessment 2024: Is KBB Value it for Automotive Sellers?



DollarBreak is reader-supported, when you sign up through links on this post, we may receive compensation. Disclosure.

We test different ways to make money online weekly and provide real-user reviews so you can decide whether each platform is right for you to earn side money. So far, we have reviewed 600+ platforms and websites. Methodology.

kbb logo

KBB or Kelley Blue Book is an online automotive resource that offers up-to-date vehicle information for all makes and models of cars. There are 2 ways you can use the KBB platform to sell your car. For one, you can leverage the KBB Instant Cash Offer, bring your car to the KBB Participating Dealer, and exchange your car for cash within a day. On the other hand, you can use the KBB price estimation tool to understand the fair price for your used car considering its condition and current market conditions. You can then sell your car privately with confidence and get the most out of your used car.

Pros

  • Provides an Instant Cash Offer and purchases your car within a day
  • Helps to determine your car’s value if you want to sell it privately
  • It’s free to use the KBB valuation tool
  • No obligations – you can use the KBB valuation tool and sell your car privately

Cons

  • You need to bring your car to the KBB Participating Dealer yourself
  • The Instant Cash Offer can be lower than you’d get through the private sale

Jump to: Full Review

Compare to Other Car Buying Websites

Peddle

Peddle logo

Get a legit offer in minutes – provide VIN, mileage and condition

$0 fees + you don’t have to pay for towing – Peddle will take care of it

Get paid in check during the pick up for any car (damaged, junk, wrecked)

Wheelzy

Wheelzy logo

Quick car evaluation without the hassle – sell your car within 30 min

Choose a convenient date and time for free pick-up, as soon as next day

Get cash in hand the same day the Wheelzy agent picks up your car

CarBrain

CarBrain logo

Get an offer within 2 minutes and sell your damaged car within 24 часа

Free vehicle towing and no fees to getting rid of your damaged car

The tow truck driver will arrive with your check (nationwide service)

How Does KBB Work?


KBB is an online automotive resource that offers up-to-date vehicle information for all makes and models of cars. The word “Blue Book” refers to the value of a used or new vehicle. Kelley Blue Book standards have been known as the de facto norm in America since 1918.

KBB allows you to;

  • Register and analyze all the pricing data
  • Determine your car’s market price
  • Determine the price of used vehicles
  • Get an instant offer and sell your car within a day

Various auction houses, car dealers, manufacturers, and others inform KBB about used-car prices regularly. Then, KBB’s website analyzes all the pricing data with past reports to determine your car’s market price.

In addition, the website also studies the current economic condition, industrial growth, your car’s manufacturing date, etc. Therefore, the procedure helps to determine the prices of the used vehicles.

4 Types of KBB Valuations

There are 4 types of valuations KBB provides for different case scenarios. Let’s quickly review each case in detail:

  • Private-Party Price Value: It helps you determine the amount of money you should pay for a used car from a private seller.
  • Trade-In Price Value: It helps you determine the amount you’re likely to get from a dealer while trading your car.
  • Suggested Retail Price Value: The amount of money that a retailer usually asks for a specific used vehicle.
  • Certified Pre-Owned Price Value: It helps to determine the worth of a CPO-certified used car.

How Much Can You Get for Your Car With KBB?


How much you can get for your car with KBB depends on the model, mileage, and make of the car. For instance, KBB buys The 2022 Acura ILX at $27,300.

Who is KBB Best for?


KBB is designed for users who want to know the current market price of the available vehicles. The website is also meant for those who want to sell their cars by getting an instant offer.

What Types of Vehicles Does KBB Purchase?


KBB purchases new and used vehicles, including Acura, Alfa Romeo, Aston Martin, and Bentley.

How Fast Can You Sell Your Car With KBB?


KBB offers an Instant Cash Offer, which allows you to sell your car within one day. Since the offer is valid for seven days, you have seven days to decide whether to accept or reject the offer.

KBB Fees: How Much Does it Cost to Use KBB?


Selling a car through the KBB Instant Cash Offer is entirely free. You won’t be charged any fees.

KBB Payment Options


Once your car is inspected, KBB will pay you cash or trade-in value towards your vehicle.

should I sell my car to kbb

KBB Reviews: is KBB Legit?


Kelly Blue Book (KBB) has received a 1.6-star rating in Trustpilot и 4.5 На bestcompany и 3.7 На Sitejabber. According to most users, KBB is a great option to sell their cars. They also commented that KBB’s possible appraisal value is legit and extremely helpful.

Unfortunately, some users complained that the instant cash offer that the company provides is a complete scam. In fact, many people claimed that this scam hides the ridiculous offers that dealers apparently present.

Also, customers complained that they often found themselves misguided regarding the pricing value of their car in the market.

What Are the KBB Pros & Cons?


KBB Pros

  • Provides an Instant Cash Offer and purchases your car within a day
  • Helps to determine your car’s value if you want to sell it privately
  • It’s free to use the KBB valuation tool
  • No obligations – you can use the KBB valuation tool and sell your car privately

KBB Cons

  • You need to bring your car to the KBB Participating Dealer yourself
  • The Instant Cash Offer can be lower than you’d get through the private sale

How Good is KBB Support?


KBB offers an Instant Cash Offer, which allows you to sell your car within one day. Since the offer is valid for seven days, you have seven days to decide whether to accept or reject the offer.

KBB Review Verdict: is KBB Worth It?


KBB has operated for many decades and still continues to perform in the current market. For many years, KBB has been a go-to source for potential buyers, individual sellers, and dealers of used cars.

There are 2 ways you can use the KBB platform to sell your car. For one, you can leverage the KBB Instant Cash Offer, bring your car to the KBB Participating Dealer, and exchange your car for cash within a day.

On the other hand, you can use the KBB price estimation tool to understand the fair price for your used car, considering its condition and current market conditions.

Considering all the key points mentioned above, I’d say using KBB is worth it to sell your car.

How to Appraise Your Car With KBB?


For selling or trade-in, you need to know the value of your car in the current market conditions. KBB’s official website can certainly help you to calculate a rough estimate of your car’s value.

Така, let’s check out how you can appraise your car with KBB step-by-step:

  • Go to kbb.com and select car values, then choose my car value from the dropdown options.
  • Enter all necessary details, including the year of purchase, car brand, model number, mileage, and zip code.
  • Select the style of your vehicle based on the car’s model that you have previously entered.
  • Choose the equipment of your car, if it’s all standard or you have modified some parts like engine and transmission. Also, select the color of your vehicle.
  • You also need to enter the condition of the car. You will get to choose from four options: fair, good, very good, and excellent.
  • According to the data you have entered, KBB will calculate the possible market value of your car.

KBB Instant Cash Offer: Sell or Trade-in Your Car


The KBB Instant Cash Offer is an excellent way to sell or trade your car in no time. The offer is based on trusted Blue Book Values, and the selling process is hassle-free.

Let’s review the steps you need to take to get cash for your used car:

Step 1: Submit an Online Application

The very first step to selling your car to KBB is to submit an online form providing details of your car. Simply start by entering your VIN or license plate number on the KBB website and follow the questionnaire by providing details about your car.

The car details you’ll need to provide to KBB include:

  • Make and model of your car
  • Year of manufacturing
  • Mileage
  • Its current condition
  • Specifications

Be honest about your car details and provide as much information as you can to get the most reliable Instant Cash Offer.

Step 2: Get an Instant Cash Offer

Within just a few minutes after submitting your online application, the KBB agent will contact you with an instant cash offer.

This offer is good for 7 days – you can either accept it or decline. No obligations.

Step 3: Redeem the Offer at a KBB Participating Dealer

If you decide to accept the KBB Instant Offer, you’ll need to bring in your car and the offer to one of KBB’s participating dealers. Make sure to check the KBB participating dealer locator to see where the nearest dealership in your area.

The KBB agent will review your car to see if everything checks to the information you’ve provided through the online form.

If they find any inaccuracies, your price offer can change.

Step 4: Get Cash for Your Car or Trade-in for a New Car

Once the KBB agent confirms the condition of your car, you can immediately get cash or a trade-in value towards your new car and go home.

Documents You’ll Need to Sell Your Car to KBB


To finalize the sale, you’ll need to bring the following documents to a KBB Participating Dealer:

  • Your Instant Cash Offer certificate
  • Your vehicle title. In case you don’t have a title because your car is financed, you should bring your lienholder information.
  • The vehicle registration
  • A valid driver’s license or any other government photo ID
  • All keys, keyless remotes, and manuals
  • Service and repair records






Sites Like KBB


KBB vs. Peddle


Peddle Summary

  • Sell used, damaged or junk car nationwide
  • Get instant quote on (855) 925 4302
  • Free towing within 48 hours after offer
  • Receive payment upon car collection

Peddle is an online car selling website operating nationwide. Like KBB, Peddle will buy a car directly from you. Compared to KBB, Peddle will visit your place to pick up or tow your car for free. This process elongates the selling process a little bit because you have to wait for the Peddle representative to take your car and give you cash.

Whereas with KBB, you’re dropping off the car at their participating dealers and getting paid on-site. въпреки това, Peddle deals take up to 48 hours to complete, which is still quite fast.

Recent Peddle offers

Model Year Mileage Offer
Toyota (Camry) 2011 150,000 $2,225
Volvo (S40) 2001 37,000 $430
Mercedes-Benz (560) 1991 92,000 $1,930
BMW (528) 2008 126,000 $1,140
Kia (Forte) 2010 145,000 $635
Honda (CR-V) 2011 67,000 $2,930
Ford (Explorer Sport Trac) 2004 145,000 $1,170
Oldsmobile (Alero) 2004 162,000 $400
Audi (A6) 2006 106,000 $530

KBB vs. Wheelzy


Wheelzy Summary

  • Wheelzy stores are open 7 days a week
  • Get offer in minutes – (855) 510-1108
  • Free towing of your car from your location
  • Instant payment via cash or check

Wheelzy is a car selling platform that allows users to sell or buy cars. Just like KBB, Wheelzy will evaluate your car based on the information you provide and provide you with an offer within minutes. You can either accept it or decline – no obligations.

The main difference between the 2 platforms is the transaction time. Wheelzy transactions usually take place within 48 часа, while you can drop off your car at KBB dealer and get paid within a day.

Recent Wheelzy offers

Model Year Mileage Condition Offer
Hyundai (Tucson) 2006 200,000 Doesn’t start $400
Mercury (Sable Sedan) 2003 150,000 Doesn’t start $225
Mercedes-Benz (C) 2001 150,000 Starts $222
Ford (Edge) 2010 200,000 Doesn’t start $1,200
Ford (Flex) 2009 150,000 Starts $1,000
Lexus (RX) 2002 300,000 Doesn’t start $750
Chevrolet (Cobalt Sedan) 2007 200,000 Doesn’t start $200
Toyota (Corolla) 2003 250,000 Drives $555
BMW (528) 2008 250,000 Drives $1,487

KBB vs. CarBrain


CarBrain Summary

  • Call for a free quote – (844) 407-2200
  • Get cash for your car in under 48 часа
  • CarBrain buys cars in over 7 conditions
  • Up to 7 days to accept CarBrain’s offer

As an automotive resource, KBB can help you sell your car for the best price. But if you’re looking to sell conveniently, you might also want to check out CarBrain. This platform buys damaged cars and will either rebuild them or strip them for parts.

It provides an instant offer to individuals and pick-up the car within 24-48 часа. It’s free to use and is a quick and convenient option for individuals looking to sell a damaged car.

Recent CarBrain offers

Model Year Mileage Condition Offer
Mitsubishi Outlander Sport 2011 50,000 Collision damage, starts, doesn’t drive $1,270
Jeep Grand 2015 43,000 Collision damage, starts, doesn’t drive $8,000
Chevrolet 2013 50,000 Collision damage, does not start $1,335
Dodge Charger 2011 143,448 Collision damage, does not start $1,000
Nissan Altima 2013 82,000 Collision damage, starts and drives $1,725
Chevrolet Silverado 2008 250,000 Engine damage, starts, doesn’t drive $1,750

KBB vs. Carvana


Carvana Summary

  • Get an online quote within 2 минути
  • Free pickup wtihin 100 miles of a hub
  • Offer valid for 7 days or 250 more miles
  • Haggle-free process to sell your car

Carvana is one of the most popular online car-buying companies in the USA. Similarly, as KBB the company will evaluate your car and provide you with a cash offer.

Carvana only buys cars in good condition, so your vehicle must meet some requirements, otherwise, Carvana won’t be able to provide you with an offer.

You can sell a used car to Carvana if:

  • It has a working odometer
  • The car can be safely driven
  • Has no major body damage
  • Has no serious mechanical issues
  • Is 1991 or newer

To get an offer from Carvana, you should fill out an online form and add your VIN or license plate number.

If you live within 100 miles of one of their hubs, Carvana will pick up your car for free.

KBB vs. CarGurus


CarGurus Summary

  • Receive payment within 3 working days
  • Find out the market value of your car
  • List your car for sale in under 5 минути
  • Up to $75,000 in protection for your sale

CarGurus also offers a quick way to get an offer for your used car, and similarly, KBB will ask you to provide your car’s VIN or license plate number and answer some basic questions about the condition.

If you decide to sell your car to CarGurus they will tow away your vehicle free of charge and will pay you by check or direct deposit within two business days.

KBB vs. Cars.com


Cars.com Summary

  • Useful resources to help you sell a car
  • Excellent place to research the market
  • Instant cash offer from a dealer
  • Smooth and easy to use interface

Both KBB and Cars.com have various common features. Например, they both provide detailed information about a used car and suggest accurate pricing according to the current market conditions. In addition, the two platforms offer an Instant Cash Offer, which means they’ll purchase your car directly – no need to wait for the buyer to show interest in your car. Whether you’re selling your car to KBB or Cars.com, you’ll need to bring your car to their outlet to finalize the deal.

KBB vs. eBay Motors


eBay Motors Summary

  • Sell 20+ types of vehicle and car parts
  • Low listing fees starting from just $19
  • List a car for sale in under 10 минути
  • 2 selling options – fixed price or auction

eBay Motors is a car selling service that allows you to sell your old cars, used cars, parts, and other accessories. While eBay Motors charges a $19 $79 listings fee + 2.35%, KBB is free to sign up and use.

eBay Motors’ Payment terms and balance payoff are set up when you list your vehicle, compared to KBB, which requires you to get an offer and accept it before proceeding with sales. Otherwise, both websites are legit platforms that allow you to sell both used and new vehicles.

Other Sites Like KBB


KBB FAQs


What is KBB?

Founded in 1918, Kelly Blue Book, i.e., KBB, gathered its name from the name of the founder Les Kelley. Initially, the company was known as Kelley Kar Company. от 1926, the company got its famous name Kelley Blue Book.

KBB collected information from various sources, including banks, dealers, and businesses and published Kelley Blue Book in 1926. The book instantly became an industry standard for determining the used price of a vehicle. During the 1960s, the company left the car dealership and focused on releasing books to determine a used car price.

Currently, KBB specializes in providing the current market price of the vehicles available in the market. It includes both used ones as well as the brand new models. KBB provides trade-in prices and official prices of brand new cars to dealers.

What is the Kelley Blue Book price advisor?

The Kelley Blue Book Price Advisor is a range-based pricing tool to help car buyers and sellers talk about prices realistically.

Is the KBB fair purchase price accurate?

For the most part, KBB is one of the most accurate sources when it comes to prices for buying and selling used vehicles.

Is KBB legit?

KBB is one of the most trusted guides for automobile pricing, used by those who are buying or selling cars.

Do dealers use KBB?

Dealers and other users use KBB to determine the value of trade-ins and compare the numbers to set their prices.

What is KBB fair market range?

The Fair Market Range is the range of prices that Kelley Blue Book estimates most people will pay for a specific car based on the make, model and style.

Линк към източника







Коментарите са затворени.

грешка

Насладете се на този сайт? Моля, разпространете информацията :)