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Carvana values on the rise again

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Old 04-02-2021, 01:40 PM
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Default Carvana values on the rise again

Just answered an email from Carvana offering to purchase my F150 again. 3 weeks ago the offer was around $35,000. Todays appraisal offer was a hair over $39,000. That is more than I paid for it new 2 years ago.
2019 F150 FX4 XLT 5.0 with 20,500 miles
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Old 04-02-2021, 01:58 PM
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This may be a shorter route than the lemon lawsuit games for my ‘19 STX 5.0.
Old 04-02-2021, 01:59 PM
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I just ran my 2020 STX.
In May 2020 I paid 33k new OTD.
They offered 37,252. with 8,900 mile on it.

Kinda thinking about it. I have my older truck that still runs great to use until the manufacturers can build enough to start discounting them again.
Old 04-02-2021, 02:01 PM
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Hmm, I wonder if it's a regional thing. Just got a quote for mine and its almost exactly the same as when I checked a few months ago ($34,900). Not looking to sell anyway since I just paid it off and it's the family hauler, unless it's an offer high enough to get me into something else I want without taking on a loan.
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Old 04-02-2021, 02:07 PM
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Wow! For my 2016 Lariat 502A w/ 20,000 they want to give me $39,187. I paid $42,000 in July of 2019.

Are there any other fees associated with them coming to take it, or do you get the full amount of money in a direct deposit or a check?
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Old 04-02-2021, 02:17 PM
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Originally Posted by Shadow2016Black
Wow! For my 2016 Lariat 502A w/ 20,000 they want to give me $39,187. I paid $42,000 in July of 2019.

Are there any other fees associated with them coming to take it, or do you get the full amount of money in a direct deposit or a check?
Nope, sold them an explorer 5-6 months ago.

The price they quoted me in my offer email was the same # on the check they wrote. I swear they are running drugs or something. They were here for like 20 min when they picked it up
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Old 04-02-2021, 02:50 PM
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Originally Posted by Shadow2016Black
Wow! For my 2016 Lariat 502A w/ 20,000 they want to give me $39,187. I paid $42,000 in July of 2019.

Are there any other fees associated with them coming to take it, or do you get the full amount of money in a direct deposit or a check?
Originally Posted by WVMoose
Nope, sold them an explorer 5-6 months ago.

The price they quoted me in my offer email was the same # on the check they wrote. I swear they are running drugs or something. They were here for like 20 min when they picked it up
No fees! I sold them a Civic last year and it was easy. @WVMoose They only took about 7 minutes with us!
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Old 04-02-2021, 03:17 PM
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My value is up almost $5K from January. Problem is, the '21 (buyers) market sucks right now, especially in Ohio....no inventory, no deals. I've never seen it this tight.

I've pretty much committed to waiting until late summer/fall before any decent incentives come along.
Old 04-02-2021, 06:39 PM
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Originally Posted by jonrjen
Just answered an email from Carvana offering to purchase my F150 again. 3 weeks ago the offer was around $35,000. Todays appraisal offer was a hair over $39,000. That is more than I paid for it new 2 years ago.
2019 F150 FX4 XLT 5.0 with 20,500 miles
That’s remarkable....and a good amount more than I paid for my well equipped 2019 six weeks ago, with 11k miles.

Trouble is what was raised in this thread — sell, and I need to be happy driving anything other than an F150, because I’ll just need to use the equity on the next truck.
Old 04-02-2021, 07:08 PM
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Wow, they're offering me $5k more than I paid for my truck less than 2 months ago.

Edit: Went back and answered "No" to vehicle modifications since all I have is lift spacers . Offer went up to $7k more than I paid. Absolute nuts.

It's kinda like the housing market though. What good is selling if you just have to buy another truck at inflated prices.

Last edited by Hmbre97; 04-02-2021 at 07:15 PM.
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