isn’t it instant?
We have decided to build a house so I’m just getting rid of the payment
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I haven’t had anything but bad luck with carmax. They are always thousands less than the online alternatives.
damn, I was planning on going there this weekend…best offer so far is vroom.
I want to get rid of my QX60, for which I’m underwater (damn pandemic)
It’s still worth a shot for you. I have taken Atleast 5 cars to carmax and it’s just the same old routine (for my local store).
Go in,
Wait an hour for the appraisal,
Get an offer 5k under what you’re expecting, Leave.
Lol
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Seems like a lot of joy lol
I’m considering getting something (a lease) with a low payment and trading it in. I’m paying over 500/mo for something I haven’t used in 3 months
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For me, Vroom has consistently been offering more than Carvana. They even had a 2nd offer after 2 days of the first, upping it by $500.
Oh that’s nice. If they offer me that extra 500 I might just take it
Seems area and model dependent. The quotes are so easy there’s no reason why you shouldn’t try both (and Shift if in your area).
All hail the mighty dollar my friend. Carvana offer went up today after updating with more miles, it’s not stopping.
definitely. I just check every couple months. I have til next March to make the move. Honda ain’t getting it back for sure if they’re going to unload fee after fee for every little thing. GTH!
Got bored and checked how much Carvana would buy my 2018 Jeep Grand Cherokee Limited for and it looks like I’d get $2,000 after payoff.
It’s on a 3 year lease and I have 8 months left on it. It’s a great vehicle but don’t know if I really want to buy it out at lease end next year. Is this offer too good to pass up or try in about 7 months as I’ll still have low miles at lease return?
It’s the market now that is jacking up used car prices. Who knows where things will be in 7 months? Better, worse?
Without the current market adjustment, where will you be? Also, can you find a replacement vehicle now at a price you’re happy with?
My KBB for my 2014 Jeep GC is around 13k and Carvana is offering my 16.7k. I currently owe 17k on it so I would love to get out of this upside down loan.
My job requires at least 15k-20k of mileage a year on my vehicle, so leasing is out of the question, and I am worried if I sell the vehicle, I will just end up in the same position because the price of used cars has increased.
Thoughts?
There are just too many variables for the next 7 months to even try to get but this squeeze on inventory eventually will pass and prices will come down.
I don’t know your full situation but for that my upside I would dump it now and lock in gains.
Thanks! I can give a little more context. Currently been working from home during covid and don’t expect to return to office full time for a while. Even when I did work in office I would drive 3 miles each way if I even needed a vehicle. Otherwise I can bike or take public transportation. Drive about 7500 miles a year on a 10k/yr lease. So it’s definitely got a little equity in it. Not driving much these days so maybe I should cash out and lease again when I’m ready.
I’m in same situation and I dumped my car back in March for a similar chunk of equity and could not be happier to get rid of one monthly payment, lower car insurance and not needing to rent second parking space.
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Hi all, for those that have sold to Carvana…I got a call from a local broker when I submitted my KBB instant cash quote. She told me that 9/10 cases with Carvana is that they give you a conditional non cashable check when they pick up your car but they’ll usually come back and drop down their bid or cancel contract. Leaving you without a car until they can ship it back. Hoping you just say to hell with it and take the lower amount. Is this true? Anyone have a similar bait and switch experience?
I’ve sold 3 vehicles to Carvana over the past 12 months, each transaction was issue-free and Carvana has always honored the original appraisal regardless of actual vehicle condition. If you are owed equity, they give you a legit bank check which you can immediately cash. I think your broker is misleading you.
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We’ve sold two cars to Carvana and they’ve always honored their price. KBB instant offer on the other hand, they’re a POS lowballer. They’re the bait and switch if there was one.