Like the title says, I bought a car in Florida years ago and am about to pay it off next week. I can make the regular payment amount and wait until the end of this month/next month to pay the additional $40 on it, or pay it all at once on Nov 3rd.It drops to 5 years/60k miles for subsequent owners. If the warranty covers the DCT it's worth it if it's a known problem. $1500 is actually really inexpensive for a warranty. Check with your local dealership or credit union and check their pricing. With warranties always check what they Don't cover.Carvana Care, AKA Silver Rock will cover mechanical breakdowns. But not preventive maintenance, in fact they require you to have oil changes every 5,000 miles and timing belts every 60,000 miles if equipped, plus all other manufacturer recommended service intervals for them to honor the warranty. While the Volt maybe out of the standard warranty.Why are they buying cars off Carvana? I looked at the prices of the cars and they are not much different, if even more expensive than a new car if rebates, incentives, or negotiations are used. Example: A 2019 Nissan Versa S with 11k miles is selling for $14000. A 2020 Nissan Versa S (new model year also) has an MSRP of $14800. Why are they buying cars off Carvana? I looked at the prices of the cars and they are not much different, if even more expensive than a new car if rebates, incentives, or negotiations are used. Example: A 2019 Nissan Versa S with 11k miles is selling for $14000. A 2020 Nissan Versa S (new model year also) has an MSRP of $14800. The average APR for a used car is about 5%. Make sure you know what APR they are giving you before you accept the loan. I always suggest getting a 3rd party loan if you have decent credit. Carvana is understaffed in all departments. Which makes for plenty of delays and room for errors due to employees rushing.So the pros to dealers or Carvana is the CONVENIENCE. That's what you are REALLY paying for... If you don't wanna spend the energy to do heavy research, the Carvana/dealer route convenience is pretty easy :3. As long as you FEEL comfortable with a price and interest rate and you'll sleep well at night knowing the price you paid, get the car you ...Meanwhile shipping fee is not refundable. You charge for shipping and then do not refund even if the customer cancels or the car is defective. You hype up the company and the father of the CEO takes billions of dollars when the stock is …Carvana does this on their website - part of the order process is to offer an extended warranty, running consecutively with the remaining manufacturer's warranty. Lots of people wouldn't realize that and would buy it. I literally finished my order with Carvana 15 minutes ago for a Wednesday delivery. Hope I'm one of the happy customers.December 18, 2022 02:00 PM. C.J. Moore. Mounting financial losses, a plunging stock price, nervous creditors and regulatory roadblocks in several states have online used-car giant Carvana Co. on ...If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to make a lasting impression with their final wishes die all the ...Dec 8, 2022 · First things first: Carvana hasn’t declared bankruptcy. The “Amazon of used cars” might do so. But it might not. The company is clearly in trouble. Its stock – which traded for over $360 ... I will only be selling my cars via carvana moving forward (assuming they make a fair offer which they have had the best offer for my last 2 cars). I traded in my 05 Corvette which was heavily modified (heads/cam/nitrous) with the nitrous still hooked up and they took the car no questions asked. Same for my Acura ILX. The banks usually hold a check from Carvana for at least 48 hours because they have such a crappy reputation. It's a dead simple process and no haggling, took 15 minutes tp [s. I even helped my 75 year old neighbor sell her car to Carvana, took her less time. She got $10k for an old Hyundai.You go on their website, find a car you want to purchase, proceed through “getting started” aka checkout, and then begins the purchasing process. You have 40 minutes reserved to make this purchase. You have the option to trade in a vehicle at this time. You can choose to pay via cash or finance.Carvana never intended to make a profit. The CEO and his dad who's chairman of the board own the company they contract all the recon work out to. Use venture capitalist and investor money to buy inventory at any cost, charge huge amounts for recon to the company they privately own. Carvana: Great Potential, Severe Issues. You’re probably on here to decide whether using Carvana to purchase a vehicle is a good idea or if you should steer clear. Take my advice and consider purchasing from elsewhere, below documents my experience with purchasing a vehicle from Carvana. Purchase: The purchasing process went smoothly, I ended ...Beep41 claims the Carvana rep led him to believe that he could only do the test drive in the parking lot of the vending machine facility. He said he thought it was strange but didn’t think about ...My Honest Carvana Review and Experience. About a month ago it became apparent my 2007 Ford Mustang was on its last breath. I hadn't had a car loan in years and wasn't …If you’re considering upgrading your current vehicle and purchasing a car through Carvana, you’re in luck. Carvana offers a convenient and hassle-free way to buy cars online. But before you can make your dream car purchase, you’ll need to s...Vehicle Quality 4.5 out of 5 stars. The number one reason to buy a used vehicle through CarMax is the quality of the car. Each vehicle undergoes and must pass a thorough inspection — more than 125 details checked — by an ASE-certified mechanic before CarMax will buy it.I found one on Reddit. I went back on Carvana.com did a live chat where I told them I was referred by someone to take $500 off my purchase price. They asked me their name, phone number, and year make and model of the vehicle. 2 minutes later I had a new vehicle purchase contract where the $500 was taken off the purchase price!!! YES!Best of luck to them. I see your TLDR, but it should probably read: Don't buy if you can't drive/inspect the car in person. I think one of, if not the main, benefits of buying from Carvana or Shift is the return policy. You are buying a car sight unseen, but if there's an issue, you can return it.Carvana buying process Filter your search by price, model, body type and other features. Once you find the car you want, go to the vehicle details page to learn more and potentially place an order.daemonhat • 2 yr. ago. yeah, don't believe they take pictures of all the damage. people have posted about cars showing up with hail damage, dents, badly damaged paint, etc. carvana says they just show 3-4 trouble spots. do some more digging on here and do more research on the company. they aren't what they seem. czechmama • 2 yr. ago.So don’t expect maintenance, wear items, or cosmetic items to be covered by Carvana Care. When one purchases a Carvana vehicle, the deal includes a 7-day money-back guarantee, and also a 100-day limited warranty. During this period, one can note any problems with the vehicle and Carvana will cover it, regardless of whether you purchase a ...They're not going bankrupt. They have access to millions and can borrow millions/billions if needed and they have ADESA which is more income for them. If you buy a car from Carvana, make sure you get a pre-purchase inspection in your 7-day return window and get the warranty. It's decent.No way to avoid it. Still, I would rather buy a new 2022 Civic from a Honda dealership than buy it from Carvana. Yes, Carvana does allow you to bring in your own financing aka your credit union. Since you're buying a 2022 Civic with only 9K miles, it will come with all the factory warranties so no need to buy Carvana's warranty.So, my answer to your question is yes. I do regret making my Carvana purchase. 4. Nil_Occurring • 3 yr. ago. This was/is our experience exactly. A few things that weren't 100% smooth with the original purchase, such as a very dirty interior, but nothing major or deal breaking.Garcia spent three years on probation, and he and his firm filed for bankruptcy. Ernest Garcia II then made Ugly Duckling which is now renamed DriveTime, and then helped his son Ernest Garcia III in building Carvana. All of them are about buying used cars above market, then their lending is predatory to subprime.Carvana extended warranty term limits vary depending on the model and age of the vehicle you purchase. Some luxury models are not covered, but most Carvana cars may be eligible for the following ...Carvana: The good, the bad, the ugly. Alt Heading: Documents, Delivery and Delays, Oh My! Welp, after reading through pretty much this entire sub and stories from the ever-so helpful reddit community, I felt I should add my (ongoing) Carvana experience to the pile. First Some Background: It was time to part with my Lexus is250.Carvana Care, AKA Silver Rock will cover mechanical breakdowns. But not preventive maintenance, in fact they require you to have oil changes every 5,000 miles and timing belts every 60,000 miles if equipped, plus all other manufacturer recommended service intervals for them to honor the warranty. While the Volt maybe out of the standard warranty.You may have to go to a title search company, could cost $2 - 5 hundred. Local company. Edit: just to add as an after thought: if you don’t get this resolved through the AG, they may offer a refund of the money owed/spent on the car and cancel any existing contract. Bringing you back to being even. December 18, 2022 02:00 PM. C.J. Moore. Mounting financial losses, a plunging stock price, nervous creditors and regulatory roadblocks in several states have online used-car giant Carvana Co. on ...13 de set. de 2023 ... Purchase a new car; Get a financing offer; Get a trade-in value. At a dealership or CarMax, each of these tasks could take 30 minutes.Pros. Easy filters for car searching and all the info on the car can be found online. Ordering was done from the couch. Car delivery to home. No haggle pricing. 7 day money back guarantee (delivery fees included in this if you're in a local market) Limited "dealer" warranty also included. Delivery (after reschedule) time was extremely prompt ...Don’t buy from Carvana. I finally got the car I bought a year ago returned and after endless phone calls, many hours of missed work, tears, anger, etc., got all my money back from them. Just consider this: My credit score sucks. I bought a brand new car with 11 miles on for $2000 more. From a proper, legitimate dealership. My payment is $150 ...A guy from Carvana texted me this morning to ask if I had 1 or 2 keys, and was I looking to buy as well as sell. I texted back that I had 2 keys plus a valet key, I just wanted to sell, and I asked the same questions that I had asked in my email. He hasn't responded (yet). (It's been a couple hours.)Carvana: The good, the bad, the ugly. Alt Heading: Documents, Delivery and Delays, Oh My! Welp, after reading through pretty much this entire sub and stories from the ever-so helpful reddit community, I felt I should add my (ongoing) Carvana experience to the pile. First Some Background: It was time to part with my Lexus is250.So don’t expect maintenance, wear items, or cosmetic items to be covered by Carvana Care. When one purchases a Carvana vehicle, the deal includes a 7-day money-back guarantee, and also a 100-day limited warranty. During this period, one can note any problems with the vehicle and Carvana will cover it, regardless of whether you purchase a ...Pay via Wire or Cashiers Check. Do Not use ACH unless the vehicle is weeks out. Here's my experience so far: Carvana website is excellent during the purchase process. I've read all the pros and cons and figured what the hell, let's see how this works. Here's the timeline and where it got off track due to ACH clearing time: 10-5-21: place order ...Buying horror stories exist at every used car dealership. The problem is people often don’t do enough of their HW. Even if we expect Carvana to do the inspection properly a lot of bad cars exist that are hard to detect. Some people know their car is a time bomb and sold it to Carvana and the next person getting it will be left with a lemon.According to the Better Business Bureau, Carvana, which sold just over 1 million vehicles in 2020, 2021, and 2022 combined, has received over 5000 complaints against the business in the last three years. This complaint rate is less than 0.5%. That's very low for the used car industry. Documents took about two days then I was able to schedule my drop off appt as early of two days after documents were approved. I dropped my car off yesterday, took 15 minutes for them to "inspect" and take the car for a test drive. They will pay my lien holder within 7 …Carvana: The good, the bad, the ugly. Alt Heading: Documents, Delivery and Delays, Oh My! Welp, after reading through pretty much this entire sub and stories from the ever-so helpful reddit community, I felt I should add my (ongoing) Carvana experience to the pile. First Some Background: It was time to part with my Lexus is250. Vorlx • 3 mo. ago. You need to own the vehicle before you can sell it. In my experience, what you would need to do is buy out the lease, receive the appropriate paperwork, update the title, pay any taxes that wasn't prepaid, and then you can sell the vehicle to Carvana. I had a 2018 GMC Sierra Denali that ended up having more value than it ...Should you buy a car from Carvana? If you want to skip reading the rest, my advice is DO NOT buy from Carvana. I liked the way you buy a car from Carvana, it is easy to order a car online and they bring it to you. But I had an awful experience with Carvana and do not recommend it.I seriously doubt Carvana is paying more for used cars than a private buyer. They are a business and have to re-sell the car to a buyer for more than they paid for it. You need to find that buyer yourself and sell it to them for close to what Carvana would sell it for to pocket the extra money.I guess it depends on who picks the car up or goes over the car at drop off. I have sold 2 cars , one was a pickup the other I dropped off at a carvana hub. Specific-Pipe9334 • 9 mo. ago. I have a Nissan Murano - I first clicked it without the check Engine light on and got a quote. The cost to fix is roughly 500.00.• 9 mo. ago by tabs_killer Should i buy Carvana (CVNA) Thoughts on buying carvana, is it a good idea? Sorry for my lack of knowledge, looking for some advice. As things stand …They're not going bankrupt. They have access to millions and can borrow millions/billions if needed and they have ADESA which is more income for them. If you buy a car from Carvana, make sure you get a pre-purchase inspection in your 7-day return window and get the warranty. It's decent. Step 4: Delivery or Pickup. Carvana will pick up or deliver your car to a Carvana partner location if you sell it to them. If you trade in, you can exchange your car at the time of purchase or deliver it to a Carvana partner location. The process of selling or trading a car through Carvana is designed to be convenient and hassle-free.First Car Buying - Carvana questions. So after obtaining a new job I have decided to get my first car at 27! So obviously I have gone down the route of comparing cars based on life expectancy, reliability, cost of maintenance, recall information, satefy and even cost of insurance to ensure it stays within my budget and I get a car that "should ... Before buying, I checked pricing on my old car, a 2014 Mazda 3 with about 80k miles. KBB said it was worth 9-11k, CarMax, Carvana, and Vroom all came up with offers in the 11-13k range. The dealership I bought the Kia from offered $6k for the trade-in, which I …Carvana is an online-only used car retailer that also offers financing and warranties for the vehicles it sells. Online car buyers can choose a car from the Carvana website, select financing terms ...No overhead that comes with owning physical car lots. No opportunity to test drive before purchase. No-haggle, no-pressure environment. When selling, offer may be less than you can get in a private sale. Everything can be done online. Seven-day return policy + 100-day or 4,189-mile limited warranty on purchases.Carvana never intended to make a profit. The CEO and his dad who's chairman of the board own the company they contract all the recon work out to. Use venture capitalist and investor money to buy inventory at any cost, charge huge amounts for recon to the company they privately own. My Honest Carvana Review and Experience. About a month ago it became apparent my 2007 Ford Mustang was on its last breath. I hadn't had a car loan in years and wasn't ready to take one when my car was totaled in 2016 (which is why I ended up with the 07 Mustang.) After realizing the inevitable was rapidly approaching, I knew I had to make some ...I bought from carvana and am pretty happy. The convenance of shopping online is THE benefit of buying from Carvana; although, you will be paying a premium for the service. They say they don't charge extra fees like dealerships do. I call BS, because of the higher price tags Carvana cars come with.1 day ago · The amount you spend on Carvana primarily depends on the cost of the car you purchase — vehicles listed on Carvana at the time of publishing range from $7,990 to $212,999. I purchased a 2019 mustang GT with 47k miles, the car looks like it’s in great shape and felt great on the test drive. However they offered a warranty $2000 warranty with a $50 deductible that covers up to 75k miles or 5 years. I don’t really drive too much probably 5k or so a year. Carvana won’t do anything for you. SilverRock (your warranty provider) will. You have documented your efforts, I doubt they will deny the claim. Worst case they try to put in a reman/used engine, as long as it comes with its own warranty, go for it. And don’t buy another used Rover, ever. You’re asking for trouble. I have bought cars from dealerships and every time it was absolutely painful. Hours wasted, players stupid games, i wish carvana would put that model out of business. Buy via carvana, you have 7 days to find a problem, run the shit out of your car and if you have a car out of warranty, get the extended warranty.Carvana: The good, the bad, the ugly. Alt Heading: Documents, Delivery and Delays, Oh My! Welp, after reading through pretty much this entire sub and stories from the ever-so helpful reddit community, I felt I should add my (ongoing) Carvana experience to the pile. First Some Background: It was time to part with my Lexus is250.Strain from the pandemic has left car prices at unprecedented heights. With most cars selling above sticker prices, it's critical that you explore multiple options. Thu, 19 Oct 2023. Some EVs are selling for up to 12% below sticker price, not to mention rising manufacturer discounts. Sat, 21 Oct 2023.The Pros of Using Carvana to Buy a Used Car. The general process of buying a car through Carvana is akin to going through a normal dealer. You browse models to find the right fit based on your preferences. Then you fill out "paperwork," such as financing terms and trade-in info.... should you choose? Are Online Car ... To get the scoop, we read r/Cars and r/askcarsales testimonies from Reddit users who purchased from Carvana or Vroom.First things first: Carvana hasn’t declared bankruptcy. The “Amazon of used cars” might do so. But it might not. The company is clearly in trouble. Its stock – which traded for over $360 ...Carvana Care, AKA Silver Rock will cover mechanical breakdowns. But not preventive maintenance, in fact they require you to have oil changes every 5,000 miles and timing belts every 60,000 miles if equipped, plus all other manufacturer recommended service intervals for them to honor the warranty. While the Volt maybe out of the standard warranty.Here are nine reasons why Carvana is a good choice for parents. 1. No dragging the kids to dealerships. Most parents have little time for visiting car dealerships and searching for vehicles. Plus, having the kids in tow or hiring a sitter makes an already tedious task even more stressful.Don’t buy from Carvana. I finally got the car I bought a year ago returned and after endless phone calls, many hours of missed work, tears, anger, etc., got all my money back from them. Just consider this: My credit score sucks. I bought a brand new car with 11 miles on for $2000 more. From a proper, legitimate dealership. My payment is $150 ... If you decide to buy a car from Carvana, be sure to keep the 7-day money-back guarantee in mind. If you're not happy with the car for any reason, you can return it …Meanwhile shipping fee is not refundable. You charge for shipping and then do not refund even if the customer cancels or the car is defective. You hype up the company and the father of the CEO takes billions of dollars when the stock is …Sep 18, 2023 · No overhead that comes with owning physical car lots. No opportunity to test drive before purchase. No-haggle, no-pressure environment. When selling, offer may be less than you can get in a private sale. Everything can be done online. Seven-day return policy + 100-day or 4,189-mile limited warranty on purchases. Cons of Buying a Car from Carvana. 1. Poor Trade-in Deals. The downside of buying cars that are cheaper is that you won't get as much for the car you turn in. In fact, Carvana tends to offer about 25% or less of the Edmunds True Market Value, while most dealers offer 40-60%.Why are they buying cars off Carvana? I looked at the prices of the cars and they are not much different, if even more expensive than a new car if rebates, incentives, or negotiations are used. Example: A 2019 Nissan Versa S with 11k miles is selling for $14000. A 2020 Nissan Versa S (new model year also) has an MSRP of $14800. 3 de jul. de 2022 ... From different threads in the carvana sub on Reddit. That company is a joke, don't buy cars from them. Image. 12:23 AM · Jul 3, 2022.No way to avoid it. Still, I would rather buy a new 2022 Civic from a Honda dealership than buy it from Carvana. Yes, Carvana does allow you to bring in your own financing aka your credit union. Since you're buying a 2022 Civic with only 9K miles, it will come with all the factory warranties so no need to buy Carvana's warranty.Garcia spent three years on probation, and he and his firm filed for bankruptcy. Ernest Garcia II then made Ugly Duckling which is now renamed DriveTime, and then helped his son Ernest Garcia III in building Carvana. All of them are about buying used cars above market, then their lending is predatory to subprime.RelationDizzy1654 • 5 mo. ago. You paid sales tax through financing the car so you didn't have to pay it twice. I called Carvana because I'm going Wednesday to the DMV and the lady said I don't have to ha e the sales tax on account of they sent everything to the DMV along with an envelope to me at Mt address.The biggest difference between CarMax and Carvana is that CarMax has physical lots spread out across the country. That means that you can shop local inventory in person and even test drive cars. On the flip side, it also means CarMax has more overhead than Carvana, which could translate into higher prices. Advertisement. So don’t expect maintenance, wear items, or cosmetic items to be covered by Carvana Care. When one purchases a Carvana vehicle, the deal includes a 7-day money-back guarantee, and also a 100-day limited warranty. During this period, one can note any problems with the vehicle and Carvana will cover it, regardless of whether you purchase …Carvana, on the other hand, offers a 100-day, 4,189-mile limited warranty. This is just slightly longer than the warranty offered by CarMax. Similarly, all Carvana cars have undergone an inspection prior to the sale, so they should be in good condition as well.You would still owe your payments to whatever company that finances your car. Like others pointed out, Bridgecrest is its own company, you'd still owe them money no matter what happens to Carvana. The warranty Carvana offers is pretty good like CarMax, I'd definitely take it. If you buy a car from Carvana, you got a 7 day return window.No overhead that comes with owning physical car lots. No opportunity to test drive before purchase. No-haggle, no-pressure environment. When selling, offer may be less than you can get in a private sale. Everything can be done online. Seven-day return policy + 100-day or 4,189-mile limited warranty on purchases.So let's talk about the good and the bad. The good: Carvana is the easiest car buying experience I've ever had. The process of buying the car is smooth and takes maybe 30-45 minutes total. Also, their customer service is phenomenal and they will not just screw you over. Everyone from the customer service agents to the driver were friendly.Note everything you can with the driver. The driver should take pictures of the issue (s) and open a repair ticket. Then take the car to a dealership and have a thorough inspection completed. Ask Carvana to reimburse you for the cost of the inspection, and also ask them to pay for any work suggested by the dealership.I received the 2018 Journey 5 weeks ago in Nevada and somehow the initial smog test did not pass while at Carvana. It may be because the car was sitting around. After driving it for a couple days, I took the emission test again and passed. I sent the document to Carvana along with the receipt for $29. Carvana sent my reimbursement check for $29.First things first: Carvana hasn’t declared bankruptcy. The “Amazon of used cars” might do so. But it might not. The company is clearly in trouble. Its stock – which traded for over $360 ...I guess it depends on who picks the car up or goes over the car at drop off. I have sold 2 cars , one was a pickup the other I dropped off at a carvana hub. Specific-Pipe9334 • 9 mo. ago. I have a Nissan Murano - I first clicked it without the check Engine light on and got a quote. The cost to fix is roughly 500.00.
So the pros to dealers or Carvana is the CONVENIENCE. That's what you are REALLY paying for... If you don't wanna spend the energy to do heavy research, the Carvana/dealer route convenience is pretty easy :3. As long as you FEEL comfortable with a price and interest rate and you'll sleep well at night knowing the price you paid, get the car you .... Good morning happy weekend images
Carvana is another car buying option, which takes place almost entirely online. You can browse cars online, buy your car without haggling and then it will be delivered. If you’re comfortable buying a car entirely online, Carvana saves you a trip to the lot. However, if you want to test the car before committing, CarMax is a much more hands-on ...Carvana has consistently been the worst experience I've ever had (Buying & Selling) I've tried to buy from Carvana and tried to sell to them now. Ironically, the same car I tried to buy is the exact one I'm now trying to sell to them. (2015 Ford Fiesta ST) Both of the experiences have been absolutely abysmal. Make sure you have your ID. They need to see your ID to give you the check/pick up the car. WASH AND CLEAN THE CAR. The pickup person will really appreciate it. NOTE: Try to do things the "regular" way. Don't pay with cash, etc. Try not to have a confusing situation where you need to talk to someone.I think your income is the most important part. Carvana approved me for 30 thousand and capital one auto navigator approved me for 50 thousand. I brought 2 cars from carvana and gave them both back cuz one had body work carvana hid from me ( 30 thousand) and the second car was 39 thousand and had an acceleration problem.Oct 25, 2023 · So don’t expect maintenance, wear items, or cosmetic items to be covered by Carvana Care. When one purchases a Carvana vehicle, the deal includes a 7-day money-back guarantee, and also a 100-day limited warranty. During this period, one can note any problems with the vehicle and Carvana will cover it, regardless of whether you purchase a ... Oct 25, 2023 · So don’t expect maintenance, wear items, or cosmetic items to be covered by Carvana Care. When one purchases a Carvana vehicle, the deal includes a 7-day money-back guarantee, and also a 100-day limited warranty. During this period, one can note any problems with the vehicle and Carvana will cover it, regardless of whether you purchase a ... December 18, 2022 02:00 PM. C.J. Moore. Mounting financial losses, a plunging stock price, nervous creditors and regulatory roadblocks in several states have online used-car giant Carvana Co. on ...GM has decided that as of July 1st, it will no longer allow 3rd parties (neither Carvana, Ford, or your next door neighbor) to payoff a lease on your behalf. This obviously frustrates Carvana's existing process, meaning going forward, you have to first either own or buyout the vehicle prior to selling. This carries tax implications depending on ...Dec 2, 2021 · To make matters worse, Carvana offered little more than a weak apology. We paid $500 extra to get the car delivered, and all anyone could say was, "this is unfortunate." Eventually, after threatening to cancel, someone promised to call us back in four hours with a better solution. That call never happened. Vorlx • 3 mo. ago. You need to own the vehicle before you can sell it. In my experience, what you would need to do is buy out the lease, receive the appropriate paperwork, update the title, pay any taxes that wasn't prepaid, and then you can sell the vehicle to Carvana. I had a 2018 GMC Sierra Denali that ended up having more value than it ...Carvana never intended to make a profit. The CEO and his dad who's chairman of the board own the company they contract all the recon work out to. Use venture capitalist and investor money to buy inventory at any cost, charge huge amounts for recon to the company they privately own. daemonhat • 2 yr. ago. yeah, don't believe they take pictures of all the damage. people have posted about cars showing up with hail damage, dents, badly damaged paint, etc. carvana says they just show 3-4 trouble spots. do some more digging on here and do more research on the company. they aren't what they seem. czechmama • 2 yr. ago.Carvana: Great Potential, Severe Issues. You’re probably on here to decide whether using Carvana to purchase a vehicle is a good idea or if you should steer clear. Take my advice and consider purchasing from elsewhere, below documents my experience with purchasing a vehicle from Carvana. Purchase: The purchasing process went smoothly, I ended ...1 day ago · The amount you spend on Carvana primarily depends on the cost of the car you purchase — vehicles listed on Carvana at the time of publishing range from $7,990 to $212,999. I understand that Carvana can't buy-out a Ford Credit lease (strange they would quote it though knowing that when I say I have a lease from Ford Credit). Nonetheless, the Carvana price is $3k higher than my current buy-out, which is great because I also still have 8 months left on the lease and looking to get rid of the car anyway. Don't need it.A lot of cars can be as cheap, if not cheaper brand new, especially in this current used market. It really boggles my mind that people buy off Carvana. For example, I bought a new 2021 Kia Forte GT (similar to Civic si) fully loaded for $23,300 this June. Now Carvana is offering to buy it for $24,200 and I have 9,000 miles!The way Carvana works is simply putting you the buyer into the driver seat to check it out for 7 days. This part involves paying an independent mechanic to check out the vehicle and yourself to spot any cosmetic issues. In my case, I paid $200+ for a dealer to make sure the car is sound mechanically.Yes, Carvana buys from the public just like every other dealer. Most other dealers look over the car thoroughly. Carvana gives it a 3 minute once over and they are gone - I’ve sold them two cars. It was laughable. Although I didn’t hide any issues from them, I could have easily done so and they wouldn’t have known..
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