It sold for 9.2 or for 5.5 OVER 9.2? 14k for a '14 RAV4 is bat .
$5,500 over MMR of $9,200
Wow… Are you starting to see used car pricing increase across the board with new inventory getting more tight
100%
We’re struggling to buy cars for inventory, most stuff going through auction is at or over retail.
Does that mean I can sell my used Lexus for over MMR???
I’m telling everyone I know to go hit up Carvana, vroom, shift etc lol Then comes the hard part - what replacement car to buy? Lol
I got a purchase quote from carvana a couple days ago and they were including a ~25% “market reduction” still.
Vroom offered half of what carvana did. For my slk55 with a kbb trade in value of 12k, carvana offered $7500 and vroom offered $4k
Opposite story for econo cars. Carvanna offered 6k in March to a KBB of 6k, and now are offering 9.8k with a KBB of 7xxx on a '15 Altima with 44.5k miles.
Highest in Feb. was 10.8 with 44.2k miles.
No bubba
That was a May deal
We had 6+ and sold em all outside of Leasehackr
No one here jumped on them
My loss, should have been searching months ago
How many miles does it have? It was one of my favorite cars.
Bruh…
What is that ford dealer smoking. I want some to get me through quarantine.
The bidders weren’t paying attention and assumed the truck was a diesel (and that still 3k over retail for a diesel). Somebody is losing their job
That’s A GAS!!! Someone’s gone.
Exporter vehicle. thats why this one is so high
For those of us not in the industry, do you mean that the winning bidder is company that is known for exporting luxury cars to other countries and that the winning bid would still be considered “cheap” in other countries?
There are used vehicles out there that people from other countries will want. Im just saying the vehicle is highly sought out vehicle and mostly likely will be exported out of the country.
Yes on what Exporter means. There are new car exporters too which the high-line brands watch out for: if (for instance) Porsche of Saskatoon gets caught with one of their new white Cayennes on a slow boat to Shanghai, it violates their dealer agreement and they can be shut down. I know someone who did it for a few months, quite an adrenaline rush and the money is good until you can’t buy any more cars.
On used ones, fair game (Dealerships and Manufacturers are out of it), though not as much margin as new. Target customers are shopping the car over the deal every time, and they want new/rare.