Carvana and other car buying services.

[Corbic]

Ummm people actually use this garbage?

Out of curiosity I ran my cars and a few others through their trade in / buy estimator.

Essentially, take a typical trade in offer, cut it I half.

$3,000 for my rust free '05 Tacoma V6 4x4... Surrrrh

 

[Stanley]

I'll match it.

 

[thomas91169]

They offered me $9500 on my Gen. Private market rate is around $11,5 but the market is slow for gen coupes (little demand). CarMax offered the same. Its close, if I was in a pinch I could see dumping it off to one of them. My buddy used another service (givemethevin?) on a few of his and they were giving him private party sell rates.

 

[Corbic]

They offered me $9500 on my Gen. Private market rate is around $11,5 but the market is slow for gen coupes (little demand). CarMax offered the same. Its close, if I was in a pinch I could see dumping it off to one of them. My buddy used another service (givemethevin?) on a few of his and they were giving him private party sell rates.

The Cobra. I tried using multiple Zips all over the country and same "market adjustment".

 

[Corbic]

I'll match it.

Ha!

Wouldn't let it go for triple.

 

[thomas91169]

The Cobra. I tried using multiple Zips all over the country and same "market adjustment".

View attachment 1551081

Oh yeah you definitely wouldnt use a service like this for a specialty car.

 

[CompOrange04GT]

Givemethevin wanted to give me 11k for my ‘12 Camaro

 

[08mojo]

I lose respect for any man driving a car with a carvana plate. "did you pick it up from one of those vending machines with the giant token?"

 

[Blk04L]

Maybe they value "newer" cars like Carmax does?

For the hell of it I've run cars/trucks that are under 4-5 years old and their trade in offers were higher than other online instant offers.

 

[PaxtonShelby]

These services are for lazy people who would rather sell quick for $3-$5k less than take a few hours to sell the car themselves. Same goes for trading in a vehicle. You will always take a financial beating.

 

[jeffh81]

I'll match it.

I bet. Probably get 8 grand for it down here

 

[jeffh81]

These services are for lazy people who would rather sell quick for $3-$5k less than take a few hours to sell the car themselves. Same goes for trading in a vehicle. You will always take a financial beating.

The tax break we get in Tx puts a little lube on the dick before insertion though

 

[PaxtonShelby]

Haha on the lube easing the pain. Tax break on a trade-in? I guess that helps a little. But you’re still getting poked up the butt. If you’re trading in a newer vehicle with significant market value chances are you’re still taking a beating on the trade compared to selling outright.

 

[jeffh81]

Haha on the lube easing the pain. Tax break on a trade-in? I guess that helps a little. But you’re still getting poked up the butt. If you’re trading in a newer vehicle with significant market value chances are you’re still taking a beating on the trade compared to selling outright.

IMO. Again IMO the time i saved dealing with tire kickers who couldn’t afford to pay for the truck to begin with and how much i was afforded plus the tax break was worth it to me. Everyone is different and had a different opinion that is my experience.

 

[ON D BIT]

Carvana wont let you drive before you purchase.

 

[PaxtonShelby]

IMO. Again IMO the time i saved dealing with tire kickers who couldn’t afford to pay for the truck to begin with and how much i was afforded plus the tax break was worth it to me. Everyone is different and had a different opinion that is my experience.

Everything I have sold is gone in a couple days. I hear ya on it being a bit of a pain to sell outright but the $3-4K I consistently save is worth it to me.

 

[jeffh81]

Everything I have sold is gone in a couple days. I hear ya on it being a bit of a pain to sell outright but the $3-4K I consistently save is worth it to me.

It depends on the area and at the time I didn’t have access to all the stuff we have now. We put it in front of the house and waited. I dont go through cars like i used to so i just deal with the dealer.

 

[CompOrange04GT]

Everything I have sold is gone in a couple days. I hear ya on it being a bit of a pain to sell outright but the $3-4K I consistently save is worth it to me.

I didn’t get one offer for weeks other than “ can I make payments “ on my Camaro.

Was insane

 

[PaxtonShelby]

I hear ya Comp - I always put a comment at the end of the ad....cash only - no payments - no joyrides. At least that will weed out half of the morons. I just tell myself the aggravation is worth the payoff.

 

[jeffh81]

I didn’t get one offer for weeks other than “ can I make payments “ on my Camaro.

Was insane

Dude camaros attract the trailer park payment crowd and that is why mine will be traded in and not sold to an individual. Screw that noise.

@PaxtonShelby i used to have my brother working at a dealer and knew the salesman real well. So long story short: Ive made more off a couple trade ins than i could have selling them. My mustang traded in for what they sold it to me for and the truck i got after the mustang traded in for a thousand less than they sold it me for.