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Kelley Blue Book - How Does it Compare to Market Value?

How Do Kelley Blue Book Trade-In Prices Compare When Selling a Car?

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  • Trade-In – in many cases we beat dealer trade-ins

How Accurate is Kelley Blue Book When Selling Your Used Car?

Car sellers often turn to Kelley Blue Book to find out how much their car is worth. Kelley Blue Book or KBB is a respected used car price guide often quoted by used car dealers to demonstrate that prices on their lots are fair. When it comes to realizing the Blue Book price when selling a used car outright however, sellers often find their expectations set too high.


When trading in for a new car, you'll usually be offered an attractive price for your old car. Dealers use questioning techniques to find out whether you're more interested in a great trade-in price or a big discount and tailor the deal to give you the perception of value. The most important factor for you as a buyer however is the cost to change. Attractive trade-in prices are usually subsidized by reducing the discount on your new car. The dealer is looking at the overall profit on the deal.


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. Kelley Blue Books's trade-in price assumes you're buying another car and the dealer has some profit to play with. 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. A dealer paying Blue Book for a trade is either going to retail the car (more profit) or push it back through the auto auctions, often at a loss. How can a dealer pay Blue Book and afford to sell your trade at a loss? The answer's simple, the trade-in math favors the dealer.


For a fair market price for your car and a guaranteed sale, try the fast, safe and fair way to sell your car today at webuyanycar.com.

 
* Valuations are provided as an estimate for information purposes only and do not constitute an offer from webuyanycar.com to purchase any vehicle. Valuations are based on the limited information we collect from you online and market information about your vehicle (which, for some makes, models and years, can be limited). As a result, the valuation may be adjusted at webuyanycar.com's discretion at any time, including prior to or during our in-branch inspection of the vehicle. By selecting to receive a valuation, you agree to our Terms of Use.

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