Carvana?
#1
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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.
#2
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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.
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Rebel Yell (08-30-2019)
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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
https://www.corvetteforum.com/forums...-corvette.html
My 2 cents is if you describe your car honestly they stick to their quote. YMMV
#7
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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.
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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!
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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.
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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.
Not a lot to go on, I know, but I know that he's satisfied with the deal.
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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.
#14
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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.
Started by some fella's that do not exactly have a stellar reputation for honest business practices.
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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
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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.
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.
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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.
#18
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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.
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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.
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Randy_in_MD (08-31-2019)