Sold one to CARVANA!

Crazy Mark up…

I think the MT is skewing the numbers.

Is yours a MT?

I think #savethemanual trend is inflating the prices.

MT used to be the only available on base/cheapest trims now it has become a trend/lifestyle on certain models.

I gotta give props to Hyundai and others who still have it available on base models and trims.

It’s a auto with the paddle shift…im just surprised what they offered. I’ll probably hold onto it another year. Vroom has been blowing my phone up though.

Quick update. I was able to get a no-cost 10 day grace period from Hyundai Motor Finance to allow time to complete the trade with Carvana. Though one Carvana rep mentioned a 60+ day lease maturity requirement, no other reps mentioned this and I was able to proceed with setting up a date for Carvana to come and pick up the car once they received the dealer payoff quote from HMF. Perhaps this will become a more strictly enforced requirement in the future? Only time will tell.

The pickup process was quick and painless. The Carvana rep arrived at my house via Uber with paperwork and a check in hand. The entire process only took 10 minutes. Carvana rep took pictures of the car, had me sign paperwork, gave me my check, and drove the car away. The hardest part was continually following up with HMF and Carvana regarding the dealer lease payoff quote, but once that was done, everything else was a breeze. I checked my HMF account and confirmed that they received the payoff check from Carvana this past Saturday (3 days after Carvana picked up the car).

What type of forum? If you don’t mind sharing

Sold my 2018 i3S REx with 3k miles to Carvana. They cut me a check for $29.5k and flatbedded the car away. Local BMW dealer offered $28.5k, KBB instant trade-in was at about $26.5k. Vroom never got back to me. Pretty happy considering they paid about KBB private party value in excellent condition (which the car was in).

What was payoff amount, did you profit?

Sorry, I should clarify - I purchased the i3 new outright about 5 months ago. Profited about $13k after everything’s said and done, so pretty happy about that.

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I assume there were a decent amount of Fed and State credits in your i3 deal, are none of those required to be returned since you only had the vehicle 5 months?

Not that I can see based on my research. It’s mainly the $7500 tax credit that’ll be coming later. I bought the car to use as a commuter, but I got a new job that’s 50 miles each way from my house and therefore couldn’t justify keeping a car that realistically can’t even be used for that during the colder weather. Was pleasantly surprised at the Carvana offer, so I took it.

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I’m glad to see someone actually made money on the i3! BMW sure hasn’t! :laughing:

sold my 2017 Civic to Carvana today. got out of a car that I was tired of five months early. put 860 dollars in my pocket! Finalizing a deal Monday and will share it then. It was a crazy smooth transaction with Carvana. The guy took a few photos of the car and loaded it up. i signed a few things, got my check and that was it.

So a little tip for anyone that’s thinking of selling to Carvana, I’m selling my leased 2018 Civic LX to Carvana, and they originally offered $700 more than my payoff. A few days later, I checked the value again via Incognito Mode in Chrome so that in case the new value was lower, it wouldn’t overwrite my existing offer. I’ve done this probably 7-8 times, and the value keeps going up. I am now at $1400 above payoff. Granted, this may not work for everyone as I travel a lot for work and my Civic barely gets driven, but just a tip for anyone looking to sell. If the value goes up in Incognito, then go into your account and re-value again. If it’s lower, then maybe it’s time to sell :slight_smile:

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Sold a GMC to Carvana today helping out a family friend. Super fast. $2k over book. Guy showed in an Uber. Signed docs took the key and left. Didn’t really do any inspection.

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For anyone that has sold to Carvana in California, was there anything that needed to be done, either with original lease company or DMV, that needed to be done after Carvana picked up the car? I’m selling my Civic to Carvana and they’re picking up in a couple days, but want to make sure that all my bases are covered after the fact. Thanks!

Follow up to ensure your payoff goes through with the lender and you can also file a release of liability with the DMV online once you sign docs and they take it.

Yeah, 10 years later…if the stockholders keep putting money in.

Bear

I got a decent quote from Carvana regarding my 2019 Hyundai Sonata, currently under lease in Florida. The only thing is my Hyundai Motor Finance account says to contact my dealer to get the lease buyout. I went this morning to my dealer who quoted me a Market Value Price and taxes even though I clearly stated this quote would be for another dealer to purchase the car. Seems like they’re trying to pull a fast one on me and buy the lease out from the finance company and sell me the car at a profit. Anyone else experience this issue?
Anyways, I called Carvana who stated we can three-way call the finance company on Monday and get the lease buyout numbers.

Sold my 2016 Focus to carvana this week. Incredibly smooth transaction. They paid me way more than any other dealer would even offer. Final price was 8912, next closest offer was 6750. Whole process was painless. I let the first offer expire, and the second offer was 100 bucks higher, not sure if that would always be the case though. Highly recommended.

Just sold my leased Civic to Carvana. Couldn’t be easier. I kept checking the value in Incognito and the offer would keep going up over the course of a few months, and then finally the value stopped increasing and I ended up with a profit of $1400. Rep was super friendly, took some photos of the car and odometer, didn’t even drive the car, then signed some documents and was on my way. All in all about 20 mins he was here. Would highly recommend