Sold one to CARVANA!

I have 5 days left for my 2020 BMW X3. Carvana offered me $32,700. Dealer payoff is $28,300.

Does BMWFS allow for Carvana to buy it directly or do I need to buy out then sell to Carvana? Looking for a smooth quick process .

No.

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It wont be unless you go through a broker who has dealer and auction contacts, or a dealer chain that has multiple storefronts (BMW being one) that is willing to pay top dollar.

Try AutoNation.

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^ Interesting data point regarding Carvana. Apparently they cannot do lease buyouts within 30 days of lease maturity. Thankfully, I am just outside of that window (approx. 33 days). Has anyone run into this issue when starting the process with Carvana outside the 30-day window, and finishing it inside the 30-day window? I’m waiting on Carvana to get back to me regarding my additional documentation.

anyone sold to carvana recently? how easy are they to deal with given their current business operations? Friend has an offer about $600 higher than GMTV and would like to take Carvana obviously, but GMTV has a 24 hr policy, whereas Carvana gives you 5 days.

Carvana told me this AM they are not buying Tesla leases…not sure if this is old news or not.

And a local AN says they dont want 'em.

I sold to them last month before they became a meme stock. It was a financed car through my local credit union and they paid it off overnight. They did cancel my pickup twice due to staffing issues. I ended up dropping it off at the local vending machine (45 minutes away) and they paid for the Uber home.

Hey I sold a leased Benz to them last week. I ll post my experience ina bit. But all in it wasn’t that bad. Took like 5 days for them to approve everything.

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Identically easy selling to them last month as when their stock was 10x. I personally wouldn’t hesitate selling to them.

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They’re taking their sweet ass time. They saw a payment due on the 9th so they decided to wait and today asked for proof of lease payment and requested a new payoff letter.

I seem to recall in the past some talk about a way to extend the offer longer but can’t find and don’t remember. My offer runs through the 17th but I can’t have them take until EOM. I got a pretty solid offer ($3-8k higher than others) that I’m afraid will drop.

Did you already accept and book a date for pickup or drop off? If not then once you accept there will be an extended period if you book the latest date. If you are up against that deadline why not rent a car and not lose the equity?

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I have not accepted yet – the issue is the car is in the shop for some warranty/recall work and the dealer is estimating end of month before they have the part and are finished. On top of that I’m gonna be out of town the first week of March.

Just pull it out of the shop and sell it as is to carvana. Let them deal with it

I’m guessing they won’t lock in your offer but if you accept and then call to say there’s a recall getting fixed they might work with you

Better bet could be finding someone to match the offer while it’s still valid and give the a longer window.

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Sold 2015 mustang GT. Offer was 5k over vroom and Carmax and 7k more than carvana’s offer in mid-Jan. Had to drive to them to drop it off. Got there at 9 done by 9:05

Carvana offered me $58,500 for my base 22 BMW X5 45e, it sounds too good to be true. Given $7500 tax credit I claimed last year, I literally paid $4200 to drive the car for 1.5 year :slight_smile:

Has anyone sold car with clean title (loan was paid off) to Carvana? How did the process go? Do they give check at pick up time?

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Yes, you can get a check when they pick up. Its super easy.

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Fwiw they’ve continued being a pain and dragging their feet. I assume because of the payment due on the 9th they wanted to wait and keep re requesting payoff letters until it no longer showed up.