Fsttanks
Well-Known Member
- First Name
- Tony
- Joined
- Jul 15, 2020
- Threads
- 7
- Messages
- 438
- Reaction score
- 945
- Location
- Palm Springs Ca.
- Vehicle(s)
- 2013 JKU / 2014 JK / 2020 JLUR
KBB trade in value is subjective and only close IF you choose the correct condition of your vehicle. Most people choose EXCELLENT- GOOD condition when they should choose FAIR condition. Why? Because FAIR condition is closest to what the dealer can buy a similar trim level vehicle at auction for. They are most often not going to pay you more then auction prices regardless of what extras you may have installed on your vehicle.
The different between EXCELLENT and FAIR can be thousands and may seem like you are getting the big “S” but in fact you are not. Your vehicle might truly be in EXCELLENT condition to you and the private maker, but to a dealer it’s just another truck that they may have to turn around and sell at auction or to a wholesale dealer. They have to ensure they don’t take a loss even in today’s market.
Note: There are some dealers that hope to low ball you even below FAIR, its commonly called “ripping”. It is incumbent on individual to know the KBB “FAIR” trade in value in order to not be a victim of “ripping”.
The different between EXCELLENT and FAIR can be thousands and may seem like you are getting the big “S” but in fact you are not. Your vehicle might truly be in EXCELLENT condition to you and the private maker, but to a dealer it’s just another truck that they may have to turn around and sell at auction or to a wholesale dealer. They have to ensure they don’t take a loss even in today’s market.
Note: There are some dealers that hope to low ball you even below FAIR, its commonly called “ripping”. It is incumbent on individual to know the KBB “FAIR” trade in value in order to not be a victim of “ripping”.
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