I just deposited my GMTV equity check for $6,300. CCAP will likely mail me another $200 in a couple months as the difference between my payoff and the payoff GMTV is sending CCAP. At least that’s what happened last time when Autonation paid $200 more than the payoff statement. I guess these companies pay extra just to make sure they didn’t underpay the payoff.
GMTV $60,000 offer on MSRP $63,400 2022 Rubicon 4xe 500 miles
Autonation $58,700 final offer
Local non-Jeep dealer $58,500
Autonation $57,600 second offer
Autonation $57,100 first offer
Vroom $55,000
Rodo $54,100
Equityhackr $51,100
Thanks to all the posters in the past 2 days who posted their high offers from GMTV. I was all set to sell to Autonation until I saw what people were getting. I didn’t do as well as those posters, though it’s still a very good result.
Time from signing my lease to depositing the equity check was less than 3 weeks. No plates, no DMV registration in hand, only temp plates from dealership, but I did verify with the DMV that my car was registered in the DMV system. CCAP did put me in Tier 2, but no harm no foul.
No out of pocket at signing, no deposit, no shipping, no broker fees, no delays, no dealing with DMV registration.
I did a write up of my GMTV experience.