Sold one to VROOM!

suv
ca-socal
ca

#241

Idk why people are surprised by this. What do you expect?


#242

Definitely expected less than 30% hit.


#243

Brand new = biggest hit. If it were 20%, would you still be surprised?


#244

Exactly. I think most of the offers Vroom has are more than fair.
You can’t expect them to pay MSRP on a car because as soon as it’s off the lot it’s not considered new.
Only worrysome thing is their clause where they can revoke the deal after they receive the car and you would be responsible to pick it up from whatever state it is in and pay them back immediately.


#245

I would be a lot less surprised if it was 20%. If the residual is 57% the expected value in 3 years is only a few thousand below what they are offering today. I just can’t reconcile the two and don’t see how people could make money on their leases. Perhaps one could do better on the bare bones 43K RX.


#246

Remember. No one here is making money, except in extremely rare cases. People are cashing in on the positive equity their car has. In theory it means they’ve been over paying for the lease.

If you get an offer for massively under what the payoff is, thank god you are leasing.


#247

FYI Vroom does not buy from Chrysler Capital, so you would have to buy it out and then sell it.

dont know how taxes work in that case


#248

Yea because Chrysler Capital sucks and they charge even dealers (except Dodge/Chrysler) sales tax!


#249

I wonder whether this has ever happened.


#250

Just did the same. I have 1 month left on the lease so let’s see if we can make some MONEY!


#251

Your shitting me right? Is this nationwide? Or State by State? Was hoping to get some equity out of my 18’ Scat Pack after 2 years or so.


#252

you can email Vroom and confirm. I was going to sell my R/T and that what they told me


#253

Didn’t know that. Thanks for the info.


#254

It has been a week and keep following up with Vroom and they tell me they are still working with a transportation company and can take a week or more to pick the car up! Has any one experienced the same issue dealing with VROOM ? also they never respond to their emails. Is CARVANA faster then VROOM or the pace is still the same ?


Sold one to CARVANA!
#255

For me, it took 24 hrs to arrange transportation. My overall experience was very positive.


#256

Thanks for sharing ! What Region are you in ? And were the funds available to you the same day ? Thanks


#257

I’m in NJ 2020202020

Car was picked up on a Saturday…funds available next business day (Monday)


#258

What time were the funds available in your account? They picked up and sent the wire to me according to them but there’s still no sign of the funds and it’s been over a day


#259

The funds were available around 2pm EST.


#260

I had silimar experience, it took 8 days for cars to be picked up. Funds were transferred the next day. I am in Illinois.