Carvana to Boost Capacity, Betting Online Car Sales Are Here to Stay


IZZy

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They are paying very well for cars right now, I just quoted two vehicles and they are offering around $2k more than CarMax
 

CMNTMXR57

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I know I look at their site just for shits and giggles. I find their inventory limited TBH.

Is there some framework on what cars they will put on their site? Meaning age, mileage, condition. Usually you only see fairly newer which I bet are probably fresh off-lease vehicles.

Is the vending machine in Oak Brook done yet?
 
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Yaj Yak

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I know I look at their site just for shits and giggles. I find their inventory limited TBH.

Is there some framework on what cars they will put on their site? Meaning age, mileage, condition. Usually you only see fairly newer which I bet are probably fresh off-lease vehicles.

Is the vending machine in Oak Brook done yet?

:rofl: yeah man, they don't carry 15+ year old 140k mile GM's. we know.


majority if not all of the carfax's i looked at for the vehicles i tirekicked, were privately owned and not leased.
 

GLADIATOR

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i would absolutely purchase a vehicle online from carvana. without a single doubt.

you do know you can return it no questions asked within 7 days, right?
Yes. Bear with me. I am trading in my car with them also. The process happens. Day 5 I do not want the car. They ship my trade in back or is that a separate transaction? Since I have never used their services I don’t know how it would go. I am just super anal retentive when I shop for a vehicle.
 
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Yaj Yak

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Yes. Bear with me. I am trading in my car with them also. The process happens. Day 5 I do not want the car. They ship my trade in back or is that a separate transaction? Since I have never used their services I don’t know how it would go. I am just super anal retentive when I shop for a vehicle.

how the hell did you wind up with that vw then?!
 

CMNTMXR57

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No not that. I mean I know a few weeks ago, I looked up CTS's. There weren't very many. Same thing with Charger's. Very limited selection.
 

Blood on Blood

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I’m an old school knuckle dragger and have no interest in Carvana, Vroom, etc.

I have sold vehicles to Carmax, which was painless.

99% of the time I contact those I know at dealerships (AKA - John) or a private party (someone I know or word to mouth).
 
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Yaj Yak

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No not that. I mean I know a few weeks ago, I looked up CTS's. There weren't very many. Same thing with Charger's. Very limited selection.
cts's are lame.

but looks like they have 140

1616081572357.png
 
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Yaj Yak

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244 chargers, 62 of which are V8 cars, some hellcats, scatpacks and 392 cars tossed in.

1616081645967.png
 

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how the hell did you wind up with that vw then?!
I bought brand new, $10k off sticker, and 0% financing. A no brainer in my book. Little did I know that the value would plummet worse than any vehicle I have ever owned which made trading it in a huge negative equity situation. Car was actually very good until now, 160k miles later.
 
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Yaj Yak

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I bought brand new, $10k off sticker, and 0% financing. A no brainer in my book. Little did I know that the calue would plummet worse than any vehicle I have ever owned which made trading it in a huge negative equity situation. Car was actually very good until now, 160k miles later.

i have 0 fucking idea how you could buy a brand new car, 0% financing, $10k off sticker and ever have a "negative equity" situation. did you roll something into it? sign up for some rustproofing? wtf happened man
 
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Yaj Yak

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i have 0 fucking idea how you could buy a brand new car, 0% financing, $10k off sticker and ever have a "negative equity" situation. did you roll something into it? sign up for some rustproofing? wtf happened man

like 32k new MSRP 10k off 7.5% taxes let's say, 400 in bullshit, makes it 24k ish otd. 0% lets say you'd go 60 mos on with 0 down is $400 per month. which year 4 or 48 payments in you should only owe 4800 or less... and that should have been a year ago at least. anything running driving and half clean is worth at least 5k.
 

The Beast

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I bought brand new, $10k off sticker, and 0% financing. A no brainer in my book. Little did I know that the value would plummet worse than any vehicle I have ever owned which made trading it in a huge negative equity situation. Car was actually very good until now, 160k miles later.
Wasn’t the vw a left over model year? It was already worth 15k less that’s why u are buried now and u drive a shit a load don’t help.
 

The Beast

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I hope carvana makes money on what they buy and sell they are stepping up big time. GOOD for them every business should make money.
 

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i have 0 fucking idea how you could buy a brand new car, 0% financing, $10k off sticker and ever have a "negative equity" situation. did you roll something into it? sign up for some rustproofing? wtf happened man
Great question. I did not roll anything in. I believe it was a combination of them discontinuing the hybrid and vw values in general dropping because of deezil-gate. The same dealer that sold me the vehicle appraised it at $2500 when I still owed over $10k. I never keep vehicles this long but have been forced to drive this car into the ground. No way was I financially going to roll all that negative equity into a new loan. $1k or $2k no biggie....I have VW Herpes.
 

N20GT

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Wasn’t the cara left over model year? It was already worth 15k less that’s why u are buried now and u drive a shit a load don’t help.
And the msrp was probably 50% higher than the msrp of all the jettas that people actually buy
 
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Yaj Yak

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Great question. I did not roll anything in. I believe it was a combination of them discontinuing the hybrid and vw values in general dropping because of deezil-gate. The same dealer that sold me the vehicle appraised it at $2500 when I still owed over $10k. I never keep vehicles this long but have been forced to drive this car into the ground. No way was I financially going to roll all that negative equity into a new loan. $1k or $2k no biggie....I have VW Herpes.

well no shit the dealer was gonna ass ream you :rofl:
 

The Beast

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For fun, I just put my G37 into Carvana. They are offering $1,200 more than Carmax’s estimate from Fall 2019. Granted used cars are up, but I put more miles on the car.
The market is stupid high
 

The Beast

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I normally don’t buy new vehicle unless I lease but at the moment my girl wants a Range Rover velar, BMW X3 or Benz glc normally I’d buy something like that used but I’m not over paying fuck that. I’m better off buying a new or depends on the lease payment.
 
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Yaj Yak

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I normally don’t buy new vehicle unless I lease but at the moment my girl wants a Range Rover velar, BMW X3 or Benz glc normally I’d buy something like that used but I’m not over paying fuck that. I’m better off buying a new or depends on the lease payment.

yeah i just saw a used 540i that was out on lease on another site, 18k miles msrp was 68k new, price was 33k. hnggggggggnggfuck
 

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