How accurate is KBB trade in value?
Preparing for a car trade in can be complicated! Wondering how accurate your KBB trade in value will be when you trade your car? Let's explore how a KBB trade in works, and compare their trade in process to Ewald's Max Allowance. Ewald Auto hopes this blog helps you choose the right place to trade your Milwaukee used car.
Does KBB give good offers?
Considering trading in cars with KBB? Your offer might not be as high as you expect.
KBB was originally published in 1926, as a price list of vehicles and their values. Today, KBB reviews prices for new and used cars, motorcycles, and more. When you submit your car for trade in to KBB, you'll receive three values:
Car trade-in value: the value you could expect for your car from a dealership
Retail value: the amount that your car could sell for at a dealership
Private sale value: the value you could expect if you sold your vehicle to a private buyer
Is KBB trade in value accurate?
Your KBB trade in value might not be completely accurate. Let's look at some of the reasons your trade in value could be lower.
Owner's bias - It's difficult to objectively evaluate your own car. If you don't have a realistic perspective of the condition of your car, you might be disappointed by your KBB value.
Delays in market pricing - Lags in tracking prices for used cars can cause discrepancies.
Data inconsistencies - Not every dealership uses KBB for their used car values.
Can you negotiate a KBB instant cash offer?
No, the KBB trade in value will determine your instant cash offer. When you bring your Milwaukee used car to redeem your offer, the inspection could lower your offer. But the KBB trade in process was designed to be haggle-free.
What is the smartest way to trade in a car?
Our used car dealer in Milwaukee offers the Max Allowance trade-in tool. Max Allowance is an easy-to-use program used to value and trade in cars in the Milwaukee area. Here are the advantages of choosing Ewald's Max Allowance for your car trade in.
- Share your vehicle's story with our used car dealer in Milwaukee. Upload photos and video, along with other important information, to give Ewald an accurate portrayal of your car. The extensive information that you can share allows Ewald to give you a higher trade in offer.
- Our Live-Market Pricing tool scans auto sales in real-time, so there won't be any delays in pricing data.
- Accept your car trade in offer, or redeem for cash. If you don't want to trade in your car to Ewald, you can also accept your offer in cash.
- Ewald's Max Allowance is completely free for you to use. Customers aren't charged a cent for trading in their car with the Max Allowance tool.
Before you accept your KBB trade in value offer, don't forget to do your homework! Why not value your car with Max Allowance as well? If you have any questions about Ewald's trade-in process, feel free to contact our team today. We look forward to helping you trade in your car.
