Motor Vehicle

Kelly Blue Book (KBB)

When using the on-line KBB, follow these steps:

Go to www.kbb.com.
Select Search by: “Year, Make & Model.”
Enter the Year, Make, Model then click on the “GO” arrow.
Select “Trade-In Value.”
Select the “Trim” (body type).
On the Select Equipment page, only enter vehicle mileage (12,000 x age of car) and the client’s zip code or office zip if the client is homeless (use the existing auto-populated equipment values - DO NOT add additional equipment). Example Example An 8 year old car would have a mileage value of 96,000. It is calculated by 12,000 x age of car (8) = 96,000.
On the Select the Vehicle Condition page, select “Fair” as the condition unless the client indicates otherwise.
The “Trade-In Value” is displayed and will be used as the FMV of the vehicle.
Scan a copy of the "Trade-In Value" page to Imaging.

The gross market value of a motor vehicle is determined as follows:

If the vehicle...	Then the EW MUST...
Registration or DMV printout is available for automobiles, mobile homes (two fees if double wide) trailers or motorcycles, OR Registration or DMV printout is NOT available or unknown,	Determine value by using the on-line Kelley Blue Book. Verify current “pay-off” amount. Subtract encumbrances from the fair market value on Kelley Blue Book.
Is over 25 years old, an antique, classic or specialty vehicle,	Assess the value by using the following: Online Kelley Blue Book Value. Three estimates from dealers. Craig’s List, or Newspaper ads.
Is registered out of state or is unregistered,	Obtain all available identifying records. Note: There is no requirement that the vehicle be registered in California. Determine value by using the on-line Kelley Blue Book..

There are three categories of motor scooters:

If the Motor scooter has...	Then the EW MUST...
An engine with the horsepower equivalent to that of a motor cycle,	Consider the motor scooter the same as a motorcycle. (Use the motor vehicle chart above.)
Been classified for off highway driving only,	Assess the value by using the following: On-Line Kelley Blue Book Three estimates from dealers Craig’s List, or Newspaper ads.
Been classified as a moped,	Assess the value by using the following: Three estimates from dealers Craig’s List, or Newspaper ads.