How does Instant Cash Offer work?

As a participating Kelley Blue Book Instant Cash Offer dealer, we want the process to be as simple and transparent as possible. Read on to learn about how the KBB ICO process works.

What is a Kelley Blue Book® Instant Cash Offer?

The Kelley Blue Book® Instant Cash Offer is a real offer for a specific amount to purchase a consumer's car or apply the amount toward another car. The Offer is valid for 7 days and can be immediately redeemed during business hours at any Participating Dealer, pending inspection. It is based on specific elements of the consumer's car, like installed options, specific condition (such as dents and mechanical issues) and local market demand.

How is my Instant Cash Offer calculated? 
Your Instant Cash Offer is calculated using a proprietary tool that accounts for fluctuating market conditions and used car prices that may vary from day to day, like home or stock prices. The calculation includes multiple data sources and is based on factors that affect used car pricing such as market supply, recent transactions, and vehicle condition.

Am I obligated to redeem my Instant Cash Offer? 
No. There is no obligation to trade-in or sell your car by simply receiving an Offer. The choice is yours.

What information should I bring when I drop off my car? 
To finalize the sale, bring the following information to our team:

• Your Instant Cash Offer certificate
• Your vehicle title. If you don't have a title because your car is financed, bring your lienholder information. If your car is leased, check with your leasing company to find out what paperwork they require.
• Your vehicle registration
• A valid driver's license or other government photo ID
• All keys, keyless remotes and manuals
• Service and repair records