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Carvana?

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Old 08-29-2019, 04:10 PM
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69L79
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Default Carvana?

I got a quote from Carvana on my '10 GS. Anyone have any experience with Carvana? When they come out to get your car, do they stick to their quote? Or, is it a BS deal. And, low ball you at the last minute? Thanks.
Old 08-29-2019, 04:29 PM
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Rebel Yell
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I've never dealt with them, but a good place to start checking them out would be the Better Business Bureau. Then google reviews. Good luck, I hope all works out in your favor.
Old 08-29-2019, 04:33 PM
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69L79
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Originally Posted by Rebel Yell
I've never dealt with them, but a good place to start checking them out would be the Better Business Bureau. Then google reviews. Good luck, I hope all works out in your favor.
Thanks.
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Old 08-29-2019, 06:07 PM
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Interesting, please keep us updated would be interested in knowing for down the road thanks
Old 08-29-2019, 06:33 PM
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94sundevil
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Have you tried www.vroom.com as well? They are a competitor to Carvana.
Old 08-29-2019, 07:01 PM
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This thread will answer some of your questions.

https://www.corvetteforum.com/forums...-corvette.html

My 2 cents is if you describe your car honestly they stick to their quote. YMMV
Old 08-30-2019, 09:58 AM
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DeweyIsgod
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I sold my F150 to them a little over a year ago. They sent a young 20's girl out in an Uber to my house in suburbia the middle of a heavy downpour storm. She looked at the truck through the window as we did the paperwork in my kitchen. She handed me a check for the amount they quoted (it's pre-printed, so I don't think she could adjust it on-site). I handed her the keys and told her to be careful with a lightweight rear end on a powerful RWD truck in the middle of the storm. The funny thing was their quote as ~$400 more than I had listed in on Carguru a couple days earlier.
Old 08-30-2019, 10:23 AM
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Josh M
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I've never heard anything negative about them from a consumer standpoint. The only negatives I've ever heard is how viable of a business they are because they do hand out checks on the higher end of the value not typical for dealerships or businesses looking to make money on cars. I guess thats good for us though as long as the checks keep clearing!
Old 08-30-2019, 10:34 AM
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Now I'm curious if anyone has bought a car from Carvana? You don't need to make a huge profit on every car if you move enough product.
Old 08-30-2019, 10:56 AM
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A former coworker bought a BMW through them. I don't know the ins and outs of the deal but I know that he did get the exact trim package that he was looking for, the price was where he expected it to be, and when delivered the car was exactly as described. He's kept the car and when last I spoke with him he was quite happy with it.

Not a lot to go on, I know, but I know that he's satisfied with the deal.
Old 08-30-2019, 11:01 AM
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I got on there website and was just messing around and put the details of my car in, selling it to them, and it came back at $33'252...good for 7 days.....

Last edited by feastersss; 08-30-2019 at 11:02 AM.
Old 08-30-2019, 11:29 AM
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Originally Posted by feastersss
I got on there website and was just messing around and put the details of my car in, selling it to them, and it came back at $33'252...good for 7 days.....
And?

Do you consider that good? bad?
Old 08-30-2019, 11:32 AM
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Originally Posted by Sox-Fan
And?

Do you consider that good? bad?
Well, I was gonna trade it in on a new C7 and didn't get that price from Chevy!
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Old 08-30-2019, 02:43 PM
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Interesting read on Carvana: https://seekingalpha.com/article/425...able-biz-model
Started by some fella's that do not exactly have a stellar reputation for honest business practices.
Old 08-30-2019, 02:45 PM
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I've been looking at C7's and figured I'd see what Carvana had to offer since I'm familiar with current C7 pricing... and they have a nice selection with good prices on what appear to be really nice Corvette's. If nothing else's I'll give them a look next time I'm buying or selling a car. YMMV
Old 08-30-2019, 03:58 PM
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Sold my 2017 Mustang GT conv to Carvana in May.
Yes, they held the price they quoted.
Good for 7 days, but, they extended it to 12 days since I was out of state and needed the extra time to get there.
They picked up the car, we signed paperwork in the kitchen and I took the check to my credit union.
You actually sell the car to an Arizona dealership. The person told me they have no tax on used vehicles and
they are the cheapest state to work car deals from. The car itself went to Westchester, NY.
BTW, I waited to see what they would list the car for. It was listed $3,500 more than they gave me and sold in one day.
Old 08-30-2019, 04:49 PM
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I have a Dodge Challenger and a member on a website devoted to that type of vehicle has a post about Carvana selling his exact car for less than they paid him for it. I can't see how they keep the business afloat.

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Old 08-30-2019, 06:28 PM
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buckmeister2
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Originally Posted by Randy_in_MD
I have a Dodge Challenger and a member on a website devoted to that type of vehicle has a post about Carvana selling his exact car for less than they paid him for it. I can't see how they keep the business afloat.
I am sure you don't believe everything you read on the internet. Yes, it is possible that a dealer will sell a car for less than they paid...mistakes happen. But, it is not the norm.

The question asked deals with whether or not Carvana will buy your car sight unseen for what they quoted, based upon your input only. Same answer....yes, they might do that on occasion, but they are not obligated to do so.
Old 08-31-2019, 09:18 AM
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Originally Posted by Randy_in_MD
I have a Dodge Challenger and a member on a website devoted to that type of vehicle has a post about Carvana selling his exact car for less than they paid him for it. I can't see how they keep the business afloat.
Venture capital. Most of the "big" companies you see out there operate at HUGE losses. Uber, Lyft, Amazon, the list goes on and on and on. Hell, just about every new IPO comes with the financial disclosure that they lose hundreds of millions per quarter and may never turn a profit.

The only people making ko ey are the ground floor guys who cash in on the fools buying it at IPO. Probably making that money at the expense of managed funds like 401ks and mutual funds.
Old 08-31-2019, 10:16 AM
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What I want to know is what happens when your car gets caught and hung up in that dispensing machine. Kinda like a Coke can or bottle that gets jammed in a machine............
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