KBB Valuation Methodology Used by Glide

Overview

Glide’s Digital Loan Application defaults to using Kelley Blue Book’s Lending Value when pricing vehicles. This valuation is designed specifically for lenders and incorporates key underwriting inputs such as model year, make, model, trim, and mileage, vehicle condition to produce a loan-appropriate value.

Primary Calculation Logic

• For most vehicles, Glide uses KBB's Typical Listing Price.

• Mileage adjustments are always applied and reflected in the final value used for loan decisions.

Fallback Logic

• If KBB does not return the Typical Listing Price, Glide automatically falls back to KBB’s Lending Value.

• Model year, make, model, trim, and mileage, vehicle condition are passed into KBB as inputs to get the lending value

• Internally, this is calculated as: Lending Value = Configured Vehicle Value minus Mileage Adjustment

• In this case, the mileage adjustment is still applied consistently, so only the base value source changes.

New vs Used Vehicle Handling

• Instead of using a manual new vs used input field, vehicle classification is automatically determined by the FI's settings on Glide's Setting page. FI's can set the new vehicle criteria using

  • Mileage

  • Year

• MSRP is not separately pulled