maybe. I tried getting a new quote and it would not give it to me right away. Said they’d contact me, like Vroom does. I also submitted to Vroom (again). 24 hrs later and I’ve heard back from neither one.
Haven’t tried Carvana yet, but Vroom has bounced back from their lowest offer. I believe their last one before things took a dump was about $22,500 for a 2019 Accord. Then dropped to $16,000 end of March. Then they stopped buying. I just resent last night and their offer was $20,000 with only 100 more miles on the car. Pretty low, but at least going in the right direction. I’ll try Carvana of course but last time they were lower than Vroom. First time ever for me they were lower that Vroom. This after selling several cars to Carvana and they were always higher.
Carvana has taken a dive. 10.3k for a '15 altima with 44k miles in Jan. to 8.5k with Carvana. Vroom offered bellow KBB so I didn’t check back.
I have no intention of selling any of my current leases, but I’m going to check Carvana today just for yucks and see how ugly it is!
So Vroom got back to me on Friday with a quote for my Ioniq of $17.5k. Down from pre-Covid Carvana price, but still $1330 above my payoff, so I took it and received the paperwork today. Signing now and sending back. Not bad for a $159 at signing and $159/mo lease, oh, and the $500 post-sale rebate. Of course, I only got to drive it 1700 miles in the 3.5 months of possession, but that’s not the car’s fault.
So $636 paid for the lease, $500 rebate, and $1330 equity. I’ll happily take $1200 to test drive a car, thank you very much.
Be careful, read the rebate law to determine if you need to pay this back if you don’t keep the car for a certain term. Certain states I believe have language on that.
Edit: certain states, my bad. Changed from CA and NJ. CA requires 30 months for CVRP, I could sit here and research but I for Netflix to watch.
I think he’s talking about Bonus Drive, not any kind of state issued incentive.
That would make more sense, he’s Scott free then.
They’ll only give a trade-in offer on all of our Chevys. Bummer.
Thanks. Bonus Drive. Forgot the name before. Ha.
Is carvana buying cars again?
Select cars.
I checked yesterday they not buying only accepting trade ins.
Once we’re on the topic, how does it work with NYS and the $1100 NYS Clean Rebate we received if we were to sell our Ioniq? Anyone had experience with that yet
Not sure, specifies rules on lease term to qualify for the rebate, but from first glance of the law, there is none. Don’t quote me, I’m a non attorney spokesperson.
The worst case scenario is that You have to return that rebate but it will be prorated.
Carvana is back in buying business, as of today.
KBB values have dropped. Ymmv.
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Hi everyone- quick question. Have a 2017 Honda Fit maturing in August. Payoff on Honda Financial website is approx $12,300. Carvana offered approx $13,400. I called Honda Financial and they told me that the payoff is actually $13,400 and that Carvana (or any dealer) would have to pay sales tax. Does the price listed as the payoff on Honda Financial site not include tax? I can’t get a straight answer from Honda, every time I call them I get a different answer. Anyone have direct experience with Carvana and Honda on this?
Does Honda have one price for a dealer and one price if I were to purchase it like Ally Bank used to (might still do not sure) in the past? Also, this is in Indiana if that makes a difference for taxes etc. Thank you in advanced