I have recently read and seen a significant number of articles and videos badmouthing Carvana. They don't pay what cars are worth, they charge too much for the cars they sell, and they are on the brink of bankruptcy. Maybe so, but...
I am about to enter into my third transaction with Carvana. A couple years ago, I sold them by VW Touareg. They gave me a very competitive price (more than any dealer offered me in trade), and the transaction went without a hitch. The truck driver barely looked at the car when he picked it up.
I bought a VW Jetta GLI (Autobahn) in the same transaction. It was reasonably priced and in perfect condition. Again, no problems with the transaction, and there was a thirty day, no-questions-asked guarantee, in case I found something sketchy about the car.
Now, I'm selling my wife's BMW to Carvana and the same things apply. The price they offered was more, by far, and the other three sites I checked with. On Thursday I will drop it off and pick up a check. According to all their information, they will do a quick look-around and confirm that the car runs, and that's about it.
I will say, Carvana keeps sending me emails offering to buy my Touareg (again). So they ain't perfect.
Parenthetically, we are replacing the Beemer with a Tesla Model 3 Long Range. I got a three thousand dollar discount from Tesla, and will get both a $7,500 Federal tax credit along with a $2,000 Pennsylvania tax credit (my income was lousy last year due to stock losses), and my first six months of supercharging will be FREE. In terms of NET price, I'm geting a$48k car for something like $35 grand. Not only that, but the Tesla goes like stink and has a whole cornucopia of luxury and convenience features.
If there are no surprises - always a possibility - it should be a good week.
I am about to enter into my third transaction with Carvana. A couple years ago, I sold them by VW Touareg. They gave me a very competitive price (more than any dealer offered me in trade), and the transaction went without a hitch. The truck driver barely looked at the car when he picked it up.
I bought a VW Jetta GLI (Autobahn) in the same transaction. It was reasonably priced and in perfect condition. Again, no problems with the transaction, and there was a thirty day, no-questions-asked guarantee, in case I found something sketchy about the car.
Now, I'm selling my wife's BMW to Carvana and the same things apply. The price they offered was more, by far, and the other three sites I checked with. On Thursday I will drop it off and pick up a check. According to all their information, they will do a quick look-around and confirm that the car runs, and that's about it.
I will say, Carvana keeps sending me emails offering to buy my Touareg (again). So they ain't perfect.
Parenthetically, we are replacing the Beemer with a Tesla Model 3 Long Range. I got a three thousand dollar discount from Tesla, and will get both a $7,500 Federal tax credit along with a $2,000 Pennsylvania tax credit (my income was lousy last year due to stock losses), and my first six months of supercharging will be FREE. In terms of NET price, I'm geting a$48k car for something like $35 grand. Not only that, but the Tesla goes like stink and has a whole cornucopia of luxury and convenience features.
If there are no surprises - always a possibility - it should be a good week.