You communicate via text message with your rep and they’re very accommodating to any changes you need to make. That was one of the surprising aspects of my sell to Carvana experience, they were so incredibly flexible. I actually sold my car to Carvana five days after my offer “expired,” but this was okay because their online scheduling tool only had availability at that time. I took advantage of both of those parameters when I sold my car to Carvana. No! It’s important to understand that your Carvana offer is good for seven days and one thousand miles. Did Carvana change the offer when you got there? Keep in mind that selling privately requires a lot more work, and part of the benefit of selling to Carvana (or a similar company) is to avoid all that hassle and headache. If you’re looking for the highest offer possible, you’ll need to do some work to get quotes from each of the various companies (Carvana, Vroom, CarMax), as well as test the waters of selling privately.
Some commenters even shared stories about selling their cars privately and getting thousands of dollars more than what Carvana offered. After we posted our video on YouTube, we received a lot of comments from people that told us they received higher offers for their cars from CarMax, Vroom, and AutoLenders (a New Jersey specific company). I recommend you get offers from Carvana, Vroom, Shift, and CarMax before deciding where to sell your car. There could be better offers out there, and that’s why we recommend comparing offers first. Check it out below!Ĭarvana dominated online car buying last year, but the market is quickly changing (check out the video above). CarEdge has made it easy for you to get all of your offers in one spot, with no annoying phone calls, and no hassle. If you’re thinking “should I sell my car to Carvana to get the most amount of money,” the answer may be yes.īefore you do, make sure you compare multiple offers from the growing number of online car buyers. Because of this, companies like Carvana are happy to pay a premium to people like you and me because they don’t have to worry about all of the other costs associated with buying an auction car. Obviously Carvana (and all the other digital retailers) buy inventory from wholesale used car auctions, however, when you buy a car from the auction there are a lot of associated fees (buyers fees, transportation, and more). Because of this, Carvana is willing to pay top dollar for used cars. The only way they can grow is to sell more cars, and the only way they can sell more cars is to buy more inventory. Why? Because they’re a HUGE publicly traded company that needs to impress investors with constant growth. 8 Should I sell my car to Carvana? How much does Carvana pay?Ĭarvana pays top dollar for their used cars.
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