# KBB Instant Cash Offer

**URL:** <https://forums.speedlife.net/t/kbb-instant-cash-offer/274263>\
**Category:** NYSpeed Automotive\
**Created:** [September 20, 2016, 2:01pm UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263 "2016-09-20T14:01:20Z")\
**Posts on this page:** 7\
**Page:** 1

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [September 20, 2016, 2:01pm UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263/1 "2016-09-20T14:01:20Z")

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Anyone done this? I am looking to offload my 135 before the winter and curious if anyone has done this and how simple it was.

UPDATE: Well it looks like it made it possible to run through without anything crazy and you actually get the offer right there.

Significantly lower than appraised and dealer price but I guess a quick way to unload.

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**Author:** ![Kramer](https://avatars.discourse-cdn.com/v4/letter/k/97f17d/32.png) [@Kramer](https://forums.speedlife.net/u/Kramer)\
**Post date:** [September 20, 2016, 2:20pm UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263/2 "2016-09-20T14:20:24Z")

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if your looking to sell it swing by and I can shoot you a number

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**Author:** ![Bull49](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bull49/32/7381_2.png) [@Bull49](https://forums.speedlife.net/u/Bull49)\
**Post date:** [September 20, 2016, 3:15pm UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263/3 "2016-09-20T15:15:10Z")

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Is there a for sale thread?

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [September 21, 2016, 6:33am UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263/4 "2016-09-21T06:33:58Z")

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> [@Kramer](#):
>
> if your looking to sell it swing by and I can shoot you a number

Awesome. May be hard this week but will shoot you a message. I work out by Transit so can go during the day.

> [@Bull49](#):
>
> Is there a for sale thread?

Not yet. Was looking at shifting into another car so started with dealer to make getting rid of the lein easier.

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [September 21, 2016, 7:09am UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263/5 "2016-09-21T07:09:36Z")

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Don’t forget if you sell it and then buy something new you’ll lose all the sales tax savings, which I’m guessing will be pretty significant since a 135 is worth some decent money in trade, I’m guessing around 20k. That’s $1750 in tax savings, and it doesn’t matter how much you owe since the tax calculation when trading goes like this:

New car value - trade in value \* sales tax rate.

So if you buy a 30k car, and get 20k in trade for your car even if you owe 15k you’re getting the full $1750 in tax savings.

If you trade:  
You’d walk out the door paying $25875 for your new car after rolling the 15k you owe in and paying tax on the 10k.

If you sell for the same 20k then buy (30000 + 8.75%) - 5k:  
You’d walk out the door paying $27625.

Any dealership can handle rolling one loan into another. They just call the finance company and get a payoff quote. Your savings will like be even more doing the trade because you have far better negotiating leverage on the value of your trade when you’re buying a car than when you’re just trying to sell a car to a dealer without buying something at the same time. If you’re planning on buying out of state you might have to lie though. When I got my VW I didn’t want the dealer in OH to think they had me just because I had driven 3.5 hours. I told them I was there for work anyway, even brought a little travel suitcase to sell the lie and when they tried the “well this is the best we can do” lowball on my trade I said, “yeah, sorry, I’ve got a couple other cars to check out in the area, thanks for your time”. They ended up giving me what I wanted.

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**Author:** ![yukoncorn](https://avatars.discourse-cdn.com/v4/letter/y/6bbea6/32.png) [@yukoncorn](https://forums.speedlife.net/u/yukoncorn)\
**Post date:** [September 21, 2016, 7:20am UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263/6 "2016-09-21T07:20:54Z")

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> [@Kramer](#):
>
> if your looking to sell it swing by and I can shoot you a number

U want a golf r ? Lol

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [September 21, 2016, 7:23am UTC](https://forums.speedlife.net/t/kbb-instant-cash-offer/274263/7 "2016-09-21T07:23:24Z")

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> [@JayS](#):
>
> Don’t forget if you sell it and then buy something new you’ll lose all the sales tax savings, which I’m guessing will be pretty significant since a 135 is worth some decent money in trade, I’m guessing around 20k. That’s $1750 in tax savings, and it doesn’t matter how much you owe since the tax calculation when trading goes like this:
> 
> New car value - trade in value \* sales tax rate.
> 
> So if you buy a 30k car, and get 20k in trade for your car even if you owe 15k you’re getting the full $1750 in tax savings.
> 
> If you trade:  
> You’d walk out the door paying $25875 for your new car after rolling the 15k you owe in and paying tax on the 10k.
> 
> If you sell for the same 20k then buy (30000 + 8.75%) - 5k:  
> You’d walk out the door paying $27625.
> 
> Any dealership can handle rolling one loan into another. They just call the finance company and get a payoff quote. Your savings will like be even more doing the trade because you have far better negotiating leverage on the value of your trade when you’re buying a car than when you’re just trying to sell a car to a dealer without buying something at the same time. If you’re planning on buying out of state you might have to lie though. When I got my VW I didn’t want the dealer in OH to think they had me just because I had driven 3.5 hours. I told them I was there for work anyway, even brought a little travel suitcase to sell the lie and when they tried the “well this is the best we can do” lowball on my trade I said, “yeah, sorry, I’ve got a couple other cars to check out in the area, thanks for your time”. They ended up giving me what I wanted.

Ah this is good to know. Forgot about this since my last two cars were leases and haven’t sold a car in a while. That price is pretty close so that is significant savings. I did random offer on KBB and holy hell its like Craigslist lowball about 70% of what I was looking for. Make take this advice and try to do it in one transaction and not two. I like the suitcase commitment. Haha. Only option to sell it came up as a friend moved on short notice and has a lease with almost 0 miles so the option to transfer it over and have a very short lease while I figure my next move was appealing to dump the car but this seems like quite the savings to rethink.

I have been looking at the TSX AWD so may stop in and have them appraise it.
