The Confirmed ICO amount is the value of the Kelley Blue Book Instant Cash Offer after the vehicle details and condition have been confimed by dealership staff.
When Promo Terms is enabled you will receive a higher Upside Minimum on vehicles above $3,000.
The Upside ProfitLock is the amount added to the Kelley Blue Book Instant Cash Offer to generate the Upside Minimum amount.
The Upside Minimum is the minimum amount you will receive for the vehicle when sold in an Upside auciton, regardless of the high bid.
The Appraised Value is the amount you pay the consumer for the vehicle or allocate for their trade-in value. In some cases your Appraised Value may be higher than the Kelley Blue Book Instant Cash Offer amount.
The Potential Profit/Loss represents what may occur at auction based on the Appraised Value and Upside Minimum.
The Sold Amount represents a hypothetical auction outcome. Adjust the High Bid to explore other outcomes.
The Upside Protection is added to the amount of the Sale Proceeds when the vehicle sells for less than the Upside Minimum.
The Inspection Fee is applied to all vehicles sold through Upside, regardless if they sold above or below the Upside Minimum.
The Sale Proceeds represents the proceeds from the sale after Upside adjustments an applicable fees.
The Profit/Loss represents the hypothetical outcome given the details of this scenario.