topic Re: Carvana Trade In Great Offer in Auto Loans

Carvana Trade In Great Offer

Anonymous — Mon, 15 Mar 2021 16:39:49 GMT

I did an online appraisal with Carvana

for my 2018 Toyota Corolla LE, 44K miles,they offered me $14,278!! 2 weeks ago the offer was $11,800. Crazy offer, payoff is $15,200. Going to sell to them instead of trading to dealer, I will pay them the difference. What's the catch? I called them to confirm and they said it is accurate.

Re: Carvana Trade In Great Offer

incognitony — Mon, 15 Mar 2021 16:56:03 GMT

No catch. They've went up 2800 on my Maxima offer since March 1. Used car prices are insane right now. Find a 2020 new car if you aren't picky and you can get a deal.

Re: Carvana Trade In Great Offer

sccredit — Mon, 15 Mar 2021 16:59:07 GMT

I sold my Subaru to them last month. They were $1,700 higher than CarMax. No issues at all. They brought me a check for the equity when they picked up the car and paid off Chase/Subaru about 7 days later. No complaints here.

Re: Carvana Trade In Great Offer

incognitony — Mon, 15 Mar 2021 17:03:24 GMT

Carmax is doing instant online offers now.

Re: Carvana Trade In Great Offer

Anonymous — Mon, 15 Mar 2021 17:36:19 GMT

Saw a deal on used 2019 rogue sport,t only 800 miles on it for 16.5k. Another 2020 one with 1700 miles on it for 19k. Not new,but I think either is a decent deal, way more comfortable in the front than the Corolla. I can get a great deal on a 2020 Nissan Kicks but my wife won't let me buy it.

Re: Carvana Trade In Great Offer

sccredit — Mon, 15 Mar 2021 17:41:44 GMT

@Anonymous wrote:
Saw a deal on used 2019 rogue sport,t only 800 miles on it for 16.5k. Another 2020 one with 1700 miles on it for 19k. Not new,but I think either is a decent deal, way more comfortable in the front than the Corolla. I can get a great deal on a 2020 Nissan Kicks but my wife won't let me buy it.

How long do you plan on keeping it? The Nissan CVT transmissions are junk. If you don't plan on keeping it to 100k maybe not a big deal to you.

Re: Carvana Trade In Great Offer

Anonymous — Mon, 15 Mar 2021 18:06:42 GMT

I am aware of the CVT being junk, not sure how long I want to keep it. Thinking of an extended warranty just to cover the CVT until 100k.

My Corolla, the supposed bastion of reliability, developed a rough idle at stoplights around 14k miles where RPM drops to around 500 tpm but does not stall. Been to several Toyota dealers, says it's normal, not a Camry.

Re: Carvana Trade In Great Offer

incognitony — Mon, 15 Mar 2021 18:08:09 GMT

I like the Rouges.. Almost traded for one this past weekend but I have a Platinum Maxima so I'm spoiled to the features and the extra 130 hp and the Muranos are out of my budget unless I get an older one. People seem to hate CVTs but I like them better than automatics. This is my 2nd Nissan and 3rd vehicle with a CVT and I've never had any issues with them.

Re: Carvana Trade In Great Offer

sccredit — Mon, 15 Mar 2021 21:06:16 GMT

@incognitony wrote:
I like the Rouges.. Almost traded for one this past weekend but I have a Platinum Maxima so I'm spoiled to the features and the extra 130 hp and the Muranos are out of my budget unless I get an older one. People seem to hate CVTs but I like them better than automatics. This is my 2nd Nissan and 3rd vehicle with a CVT and I've never had any issues with them.

I don't hate how the CVT drives. DW's Infiniti QX50 has one and I like how it drives. Just too many horror stories about JATCO CVT transmissions. We leased her Infiniti for this very reason. I don't want to be on the hook for the replacement. There are full on class action lawsuits about Nissan/JATCO transmissions.

Re: Carvana Trade In Great Offer

Anonymous — Tue, 16 Mar 2021 05:09:26 GMT

Went to a Nissan dealer to purchase Rogue Sport tonight. Have pre-approval with CapOne up to 35k, income docs verified. Salesman asks me my credit score, I tried to just discuss price of vehicle. He would not do anything else unless I told him my credit score. Told him about CapOne offe and he only seemed to care what I would tell him what my score is. I had enough so I got up and left.

Re: Carvana Trade In Great Offer

Anonymous — Tue, 16 Mar 2021 06:06:43 GMT

@Anonymous wrote:
I did an online appraisal with Carvana
for my 2018 Toyota Corolla LE, 44K miles,they offered me $14,278!! 2 weeks ago the offer was $11,800. Crazy offer, payoff is $15,200. Going to sell to them instead of trading to dealer, I will pay them the difference. What's the catch? I called them to confirm and they said it is accurate.

They also offered me $3300 more then Carmax. Wondering also if theres any catch.

Re: Carvana Trade In Great Offer

sccredit — Tue, 16 Mar 2021 16:22:31 GMT

@Anonymous wrote:
@Anonymous wrote:
I did an online appraisal with Carvana
for my 2018 Toyota Corolla LE, 44K miles,they offered me $14,278!! 2 weeks ago the offer was $11,800. Crazy offer, payoff is $15,200. Going to sell to them instead of trading to dealer, I will pay them the difference. What's the catch? I called them to confirm and they said it is accurate.

They also offered me $3300 more then Carmax. Wondering also if theres any catch.

I can only speak to my experience, there was no catch. The lady that came out spent a couple minutes looking at the car, did not test drive it (only started it). About 10 minutes of paperwork and a tow truck picked it up about an hour later.

Re: Carvana Trade In Great Offer

ACN323 — Wed, 17 Mar 2021 13:08:33 GMT

@Anonymous Same thing happened to us 2-3 weeks ago! My DHs appraisal came back $2500 higher when he tried again the following week or so. We immediately hopped on it and sold our 18' Nissan Frontier with like 40,000 miles on it. It was so painless and easy! The funds were in our account a day later! I had read on here about someone else using Carvana and having a good experience, so I thought why not give it a try!?

Re: Carvana Trade In Great Offer

4sallypat — Wed, 17 Mar 2021 14:53:50 GMT

Yah, go to another dealer.

When they only want to know your score, that means they are looking to find ways to make the most profit at your expense.

Since you have Cap 1 Auto Nav rates, just use that to negotiate the deal.

Used cars are amazingly inflated and the dealers are difficult to budge in price negotiations.

I was negotiating all day with a used Honda and all they would discount is $500 even after we bought 3 new Hondas from them in the past and they gave much bigger discounts on new !

Re: Carvana Trade In Great Offer

Loquat — Thu, 18 Mar 2021 03:25:57 GMT

The reason that used car prices are through the roof is because if simply supply and demand. Manufacturers aren't producing fast enough to recover from the shutdowns that many had to due because of Covid.

And if anyone follows the industry then you'll also know that right before Covid, UAW was on strike for like the last few months of 2019 and then Covid went full force around February/March.

The manufacturers were already hurting and Covid set production back even further. It's because of that perfect storm that is causing the shortage at the dealers now on new cars and lending for increase prices on used.

I just recently benefited from the crazy market. My Charger was totaled in an accident and the insurance paid out almost 8 grand over traditional market value for similar vehicle, equipment, and miles.

Manufacturers are starting to get back into their groove and supplies are starting to increase. As this continues to happen the market will right-size itself and you'll see those numbers start to come down in a major way.

If you're planning to sell or trade then the time is now...I'm guessing by summer you'll start to see things get back to normal.

Re: Carvana Trade In Great Offer

dunn2500 — Fri, 19 Mar 2021 20:13:14 GMT

just did this less than a month ago......bought a new 2020 LT 2500 brand new last april @ 100% financed....did normal payments for hair under a year and carvana offered me 43k, week or so later 44.6k, another week 45.8k and thats what i sold it to them for....process was easy as can be and i walked away with 3.4k check after loan was paid.....that never happens, never.....i couldnt buy a used truck though as they were more expensive than new so got another new one

paid 47.3k otd on that 2500 and msrp was 49k and change......they are selling it for 51k used and will probably get it, same goes for rest of truck market....better off buying new than used right now....

Re: Carvana Trade In Great Offer

Anonymous — Sat, 20 Mar 2021 21:20:48 GMT

Just purchased a 2020 Nissan Rogue Sport S model. MSRP is 24,985 Paid 21.5k OTD. Basically 19k purchase price, 1k dealer fee, tax 7%, tag.

Not sure if it's a good deal or not but done nonetheless.

Dealer original offer was 26k OTD.

Re: Carvana Trade In Great Offer

Gmood1 — Sun, 21 Mar 2021 01:35:25 GMT

I did some comparisons between Carvana and Vroom buying one of my vehicles. Vroom was over thousand dollars higher on the offer.

Re: Carvana Trade In Great Offer

Anonymous — Sat, 20 Mar 2021 23:50:13 GMT

Vroom was 2200 less than Carvana on my car

Re: Carvana Trade In Great Offer

incognitony — Sat, 20 Mar 2021 23:59:23 GMT

Sounds like a good deal.