Sold to Vroom, 2019 RAV4 Hybrid XLE. Bad lease due to impulse purchase with baby on the way, $447/month. Been bouncing prices around since January to see when we could get out with minimum cost. This past month pricing has just been all over the place but in my favor. Payoff was $29,6xxx
Before car prices started going up with covid: offers from Vroom and Carvana were about $21k.
This past month: prices started creeping to $26k, then 27k, then 28k. I was ready to pull the trigger with negative equity of $1500 because I figured they can’t go up any higher. I was wrong. Final offer was $29,1xx. Ended up only paying $500 for Vroom to take my car which I was more than happy to pay.
Car is already listed on Vroom (just picked up today) for more than MSRP. https://www.vroom.com/inventory/toyota-rav4-hybrid-2019-2T3RWRFV6KW024623