They fill out a detailed description of the vehicle they wish to trade in. Or, the dealership staff introduces the customer to the Kelley Blue Book’s Instant Cash Offer by guiding them through the process of valuing their trade-in.
We deliver an Instant Cash Offer* to the consumer for trade-in or outright sale. It’s valid for 3 days. The consumer can also request to be contacted by a dealer if they are interested in trading in their vehicle to purchase another.
After a physical inspection at your dealership, you may accept the offer or re-run it based on any discrepancies found during your assessment. Your customer decides whether to apply the offer as a trade-in amount toward the purchase of one of your vehicles or walk away with cash.
After you’ve acquired the vehicle you have 3 days to decide whether to resell it on your lot, take it to auction, or sell the car to Autotrader for the full trade-in amount. Whatever you want, consider it done!
For Participating Dealers currently on the Program, we believe the new Kelley Blue Book Instant Cash Offer program can provide significant benefits for your dealership, such as:
The process for editing Instant Cash Offers has not changed. You are still able to access, modify, and verify Kelley Blue Book Instant Cash Offers, as you did for Trade-In Marketplace Instant Cash Offers, utilizing the tools on this site and in accordance with the program Terms and Conditions.
Additionally, the Kelley Blue Book Instant Cash Offer is still backed to the dealer by Autotrader. If desired, Autotrader will purchase Kelley Blue Book Instant Cash Offer vehicles at the prices specified in the relevant Offer within 3 days of the generation of the Offer, subject to the Terms and Conditions.
Dealers currently on the Program will continue to work with their Account Consultant, Product Specialist and Implementation Consultant to maximize the opportunity.
* Not all features of the Program are available in all territories.
1. KBB.com site data. 2012-2015
2. 2015 Cox Automotive Brand Tracking Study
3. Internal KBB.com and Autotrader data, 2015