There are some companies out there that uses KBB or BlackBook to generate a trade-in price to give you an “instant quote” and it’s all just an estimate. Some have actual bidders that they hire to give you a value, but it’s never been binding unlike Carvana or Vroom who usually stand behind their quotes.
I bet you’re on their list…
I thought somebody around here said they sold theirs before having a reg.
@Bostoncarconcierge , did you have your registration?
Of course it is not binding.
But, this is the first time I have experienced a drop in price after an appraisal. And that’s a BIG drop. They obviously need to fix their system.
On my 392? Yes sir
Cars can’t leave lot without being registered in Ma
I normally don’t disclose my payoff amount before getting a quote. I feel that they’ll use that amount as a benchmark to lowball the offer.
And can it be sold with a temporary registration? Or have to be registered in my State in order to sell it?
No idea dude
Someone asked that question like 4 posts above you
I’m probably the worst person to ask since I don’t have temps. Ya feel me?
Got ya… Thanks
Yeah, it’s pretty shitty. Looks like Algo definitely uses bidders for the final amount: https://www.ziprecruiter.com/c/AutoLendersGo/Job/Auto-Lenders-Virtual-Automotive-Buyer/-in-Berlin,NJ?jid=2b4bae0d16da0550
I sold three Kona’s to Carvana on temp tags this year. I’m in PA. Carmax and Vroom offered to buy them but I didn’t go with them.
update -
just got my 2nd bonus drive check - applied 7/7
also just got my tag paperwork for 2nd jeep, registering tomorrow. signed 7/6
Just got my bonus drive check as well. Signed 6/29, submitted bonus drive on 7/1, approved 7/2 and arrived today via Priority Mail. Pleasantly surprised how quick and easy that was.
I’m approaching week 8 on two jeep orders and none have even been built😩
Whoa. 8 weeks and nothing. Ouch
Wow that’s really fast. I hope they extend the program. My order definitely won’t make it in time
Took almost as long for me to get around to depositing the check as it did to arrive from dealer/Allstate. Amount is about what we spent on flight tickets, so I’m pleased.
I’m curious as to what you mean by this. I’m contemplating a 4XE HA but Texas pays taxes on full purchase price up front. 6.25%. This would just eat into profits right? Not buying the car specifically to flip but would hope to have positive equity in a year and hopefully get into a new one.
I was referring more to the states that tax on the sum of the lease payments up front rather than the total cost of the vehicle up front.