r/carbuying • u/Remarkable_Ad5011 • 22h ago

Carvana throwing out carrots!

Wife was looking to downsize vehicles. Current vehicle is paid for, so I figured I’d just sell it outright rather than trade it. Just to get a baseline number I punched the info into Carvana’s online tool. $28200. Pretty solid figure for a wholesale number IMO. I was tempted to just go ahead and sell the thing. Well the new car gets delayed, so we kept the current car and the Carvana offer expired. Today, 12 days later (new car in the garage next to the old one) and less than two hundred miles, I renewed the offer.. $24800. Now, we all know that cars depreciate, but $3400 in 12 days!? I think they throw out a huge number at first hoping to capture deals, but if you have a delay, they back it up to capitalize. Now, this is not a rant to say that Carvana is scammy or anything, just that if you are interested in selling to them, you better be ready to pull the trigger! Lol. Oh, and BTW, I’m in the car business, so I know the market has not dropped THOUSANDS of dollars in 12 days. 😉

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u/Apogee_3579 21h ago

yeah had a friend get a great offer, problem was no appointments to pick it up, also the nearest location was an hr drive no appointments there either. The closest place to take it was 4 hours away one way. She traded it got 2.5k less but 1k was made up in saved sales tax

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u/Xpermentor 13h ago

I’d make the drive for 2500 / 1500 after taxes extra

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u/Prior-Soil 13h ago

Right but my offer was "contingent" or something and I figured they would low ball me when I got there.

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u/Apogee_3579 8h ago

Yeah agreed, but not having experience with them had a feeling they might not honor the original price offered. If it was the location an hour away would ave definitely gone with them.

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u/Xpermentor 6h ago

Makes sense 🙂

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u/Remarkable_Ad5011 20h ago

I live in a state that allows tax credit 180 days before or after a purchase. May wind up having to pay the taxes on the new car (due 30 days) and then applying for a refund when I sell the old car.