Sold To Carvana

DadzBmer_N2o · 09-25-2020, 04:31 PM

Well finally bit the bullet and sold my 13' 320ix, i got what i think was a nice offer from Carvana, above the KBB value, almost near the PPV price point. She was sold earlier this mth as well with 46k miles on her.

Overall the online transaction's including getting the estimated quote and after accepting the offer, submitting the required paperworks was pretty easy and the date i set for them to pick it up as long as its within (75 miles or less, nearest a dealer), was straight forward.

I got my money by DD within two days time.

BimR · 09-25-2020, 04:49 PM

Very cool. I have noticed they are offering very good prices right now and I have been tempted.

F30lolz · 09-25-2020, 05:05 PM

Quote:

Originally Posted by DadzBmer_N2o

I got my money by DD within two days time.

Two days AFTER the vehicle was picked up? If so, did they give you an option to receive a check upon vehicle pickup?

Pauloxxi · 09-25-2020, 05:54 PM

It is great to know that Carvana is not ripping us off when they buy our car. I wonder how they inspect the vehicle.

im_an_alien · 09-25-2020, 06:09 PM

Out of curiosity I checked what they would offer for mine, $23k for a 16 340 msport with 6mt and 33k miles. Whatever.

DadzBmer_N2o · 09-25-2020, 09:37 PM

Quote:

Originally Posted by F30lolz

Quote:

Originally Posted by DadzBmer_N2o

I got my money by DD within two days time.

Two days AFTER the vehicle was picked up? If so, did they give you an option to receive a check upon vehicle pickup?

Yes after they picked her up. They give u the option on how u want to get paid when filling out the process online, it has the paper check opt.

DadzBmer_N2o · 09-25-2020, 09:39 PM

Quote:

Originally Posted by Pauloxxi

It is great to know that Carvana is not ripping us off when they buy our car. I wonder how they inspect the vehicle.

They only ask u to fill out certain specifics, no pics need to be taken and submitted. They do require that the vehicle can start and be driven off or else they will deny it..

DadzBmer_N2o · 09-25-2020, 09:42 PM

Quote:

Originally Posted by im_an_alien

Out of curiosity I checked what they would offer for mine, $23k for a 16 340 msport with 6mt and 33k miles. Whatever.

I got $14,700 ish for mine, it might be that your's is a manual vs auto..

tturedraider · 09-25-2020, 10:44 PM

So, what’s next?

328iX · 09-26-2020, 01:12 AM

Tried it for fun lmao, offering me 13.8k, off the charts on KBB value.

What a joke.

The car has no accident history, just has "damage reported"

They have one in Minnesota with the same mileage, in red, with a lot less features for 24k. So they're essentially trying to have a 10k markup on my vehicle.

les anderson · 09-26-2020, 07:18 AM

Quote:

Originally Posted by DadzBmer_N2o

Quote:

Originally Posted by im_an_alien

Out of curiosity I checked what they would offer for mine, $23k for a 16 340 msport with 6mt and 33k miles. Whatever.

I got $14,700 ish for mine, it might be that your's is a manual vs auto..

For a 340? No chance.

DadzBmer_N2o · 09-26-2020, 09:25 AM

Quote:

Originally Posted by les anderson

Quote:

Originally Posted by DadzBmer_N2o

Quote:

Originally Posted by im_an_alien

Out of curiosity I checked what they would offer for mine, $23k for a 16 340 msport with 6mt and 33k miles. Whatever.

I got $14,700 ish for mine, it might be that your's is a manual vs auto..

For a 340? No chance.

Yeah idk why or how they do the estimation's, i know in my area Bimmer's sell pretty good here, especially the 320's..

And most likely i will be replacing her for really goid used B7/S4 manual with low mileage..

Logicoeur · 09-26-2020, 10:00 AM

Quote:

Originally Posted by DadzBmer_N2o

Quote:

Originally Posted by les anderson

Quote:

Originally Posted by DadzBmer_N2o

Quote:

Originally Posted by im_an_alien

Out of curiosity I checked what they would offer for mine, $23k for a 16 340 msport with 6mt and 33k miles. Whatever.

I got $14,700 ish for mine, it might be that your's is a manual vs auto..

For a 340? No chance.

Yeah idk why or how they do the estimation's, i know in my area Bimmer's sell pretty good here, especially the 320's..

And most likely i will be replacing her for really goid used B7/S4 manual with low mileage..

Watch out for the timing chain guides. Replace them with the guides from the BNS RS4 V8. Nice cars otherwise.

StannisBaratheon · 09-28-2020, 02:57 PM

Quote:

Originally Posted by les anderson

For a 340? No chance.

I just got a Carvana offer for a little under $16k on my 2016 340i xDrive with 55k miles. Seems low based on comps in the area. A friend of mine did the calculation with their Grand Cherokee and got a crazy good offer.

DadzBmer_N2o · 09-28-2020, 05:20 PM

So in the near future, i will be selling off some stuff i have both off the car and stuff i never installed that i was planning on having it upgraded to..Keep an eye out for my name on the classifieds..

Torquey · 09-28-2020, 05:21 PM

Quote:

Originally Posted by StannisBaratheon

I just got a Carvana offer for a little under $16k on my 2016 340i xDrive with 55k miles. Seems low based on comps in the area. A friend of mine did the calculation with their Grand Cherokee and got a crazy good offer.

Apparently the demand for used cars coming out of the pandemic has been rather fortuitous for the founder and his son... they're doing quite well!

https://jalopnik.com/carvana-really-did-that-1845152584

jmack · 09-29-2020, 09:09 AM

I recently sold my 435i M Sport @ 45k miles to Vroom for $24000 and they resold it for ~$1500 more. Not sure how some of you with 340is are getting such low offers. My Carvana offer was only $600 less than my Vroom offer.

scottmoyer · 09-30-2020, 07:12 PM

I just recently sold a 24k mile 2014 Mustang to Carvana for over $28k. The car cost about $38k MSRP in 2014. With rebates and incentives, the car was purchase for about $31k. Losing less than $3k in 6 years on a car is a great deal.

Carvana made an offer, we accepted, scheduled a drop off date and time, dropped the car off, received the check for the agreed upon amount and we left. The total time at their location was around 12 minutes!!!

I just ran my 2016 435i ZHP through the Carvana website and they offered $16,500. Yeah, I don't think so.

watermannc · 09-30-2020, 09:41 PM

Quote:

Originally Posted by DadzBmer_N2o

Well finally bit the bullet and sold my 13' 320ix, i got what i think was a nice offer from Carvana, above the KBB value, almost near the PPV price point. She was sold earlier this mth as well with 46k miles on her.

Overall the online transaction's including getting the estimated quote and after accepting the offer, submitting the required paperworks was pretty easy and the date i set for them to pick it up as long as its within (75 miles or less, nearest a dealer), was straight forward.

I got my money by DD within two days time.

Time for you to treat yourself and buy a 340i

You could find some pretty sweet deals for under 25k~~~~

dreaming440i · 10-06-2020, 04:25 PM

I just sold my X3 on Carvana. (That's what was replaced by my 440i GC). I was really surprised at how high the offer was relative to Carmax ($14k), Vroom ($14.5k after negotiating), and what I could get selling on Autotrader. ($15 to $17). Carvana gave me $16,400! I used to do a lot of car trading, so I know the different valuation methods, and I can't figure what criteria they used in their valuation to be so much higher. I can only guess that my X3 was the type of car they specifically wanted for their clientele. I kept waiting for the catch, but they just picked up the car and direct deposited the money!

FastF30 · 10-06-2020, 04:45 PM

My buddy with a low mileage 2006 solstice just got $8,500 from Carvana... We both were surprised....

CoopersF15 · 10-07-2020, 12:06 AM

Quote:

Originally Posted by StannisBaratheon

Quote:

Originally Posted by les anderson

For a 340? No chance.

I just got a Carvana offer for a little under $16k on my 2016 340i xDrive with 55k miles. Seems low based on comps in the area. A friend of mine did the calculation with their Grand Cherokee and got a crazy good offer.

JGC is like gold to carvana for some reason. They'll Pay good money for it, and then sell to some fool for even more

09-25-2020, 04:31 PM	#1
DadzBmer_N2o First Lieutenant 93 Rep 338 Posts Drives: F30 320ix Join Date: Jan 2020 Location: Frederick, MD iTrader: (0)	Sold To Carvana Well finally bit the bullet and sold my 13' 320ix, i got what i think was a nice offer from Carvana, above the KBB value, almost near the PPV price point. She was sold earlier this mth as well with 46k miles on her. Overall the online transaction's including getting the estimated quote and after accepting the offer, submitting the required paperworks was pretty easy and the date i set for them to pick it up as long as its within (75 miles or less, nearest a dealer), was straight forward. I got my money by DD within two days time. __________________ 2013 320ix N20 8AT\|BM3 stg1\|Muff Res Delete\|HPB-LED-Amber-DRL's IG: DadzBmer_N2o
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09-25-2020, 04:49 PM	#2
BimR Lieutenant 246 Rep 500 Posts Drives: 2016 328 Join Date: Sep 2020 Location: New York iTrader: (0)	Very cool. I have noticed they are offering very good prices right now and I have been tempted.
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09-25-2020, 05:54 PM	#4
Pauloxxi Captain 344 Rep 661 Posts Drives: 2014-320Xi / 2017-330Xi Join Date: May 2010 Location: Northwest iTrader: (0) Garage List 2017 BMW / 330xi [0.00] 2014 BMW / 320xi [0.00]	It is great to know that Carvana is not ripping us off when they buy our car. I wonder how they inspect the vehicle.
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09-25-2020, 06:09 PM	#5
im_an_alien Lieutenant Colonel 1168 Rep 1,531 Posts Drives: 2016 340i Join Date: Jul 2019 Location: Florida/NH iTrader: (0)	Out of curiosity I checked what they would offer for mine, $23k for a 16 340 msport with 6mt and 33k miles. Whatever.
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09-25-2020, 10:44 PM	#9
tturedraider Major General 5132 Rep 6,337 Posts Drives: 2018 340i M Sport Join Date: Apr 2006 Location: Chicago, Edgewater (via Texas & Tennessee) iTrader: (0) Garage List 2018 BMW 340i M Sport [8.58] 2020 BMW M340i xDrive [9.00] 2018 BMW 340i M Sport [7.38] 2006 BMW 330i Sport [5.83] 2004 BMW 330i ZHP [7.13] 2000 BMW 328i [6.17]	So, what’s next? __________________ www.bmwcca.org member #388003 - Use me as a referral & you could win a one day ///M Driving School!! ___________________________________________
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09-26-2020, 01:12 AM	#10
328iX David 787 Rep 2,009 Posts Drives: 2015 328iX F31 Join Date: Nov 2018 Location: Temecula, CA iTrader: (0)	Tried it for fun lmao, offering me 13.8k, off the charts on KBB value. What a joke. The car has no accident history, just has "damage reported" They have one in Minnesota with the same mileage, in red, with a lot less features for 24k. So they're essentially trying to have a 10k markup on my vehicle. Attached Images __________________ F31 Suspension guide & discussion Last edited by 328iX; 09-26-2020 at 01:18 AM..
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09-28-2020, 05:20 PM	#15
DadzBmer_N2o First Lieutenant 93 Rep 338 Posts Drives: F30 320ix Join Date: Jan 2020 Location: Frederick, MD iTrader: (0)	So in the near future, i will be selling off some stuff i have both off the car and stuff i never installed that i was planning on having it upgraded to..Keep an eye out for my name on the classifieds.. __________________ 2013 320ix N20 8AT\|BM3 stg1\|Muff Res Delete\|HPB-LED-Amber-DRL's IG: DadzBmer_N2o
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09-29-2020, 09:09 AM	#17
jmack First Lieutenant 550 Rep 384 Posts Drives: OG M2, E70 X5M Join Date: Oct 2018 Location: TN iTrader: (0)	I recently sold my 435i M Sport @ 45k miles to Vroom for $24000 and they resold it for ~$1500 more. Not sure how some of you with 340is are getting such low offers. My Carvana offer was only $600 less than my Vroom offer.
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09-30-2020, 07:12 PM	#18
scottmoyer In the garage 62 Rep 100 Posts Drives: 2016 435i ZHP Join Date: Apr 2019 Location: Florida iTrader: (0)	I just recently sold a 24k mile 2014 Mustang to Carvana for over $28k. The car cost about $38k MSRP in 2014. With rebates and incentives, the car was purchase for about $31k. Losing less than $3k in 6 years on a car is a great deal. Carvana made an offer, we accepted, scheduled a drop off date and time, dropped the car off, received the check for the agreed upon amount and we left. The total time at their location was around 12 minutes!!! I just ran my 2016 435i ZHP through the Carvana website and they offered $16,500. Yeah, I don't think so. __________________ 2016 435i ZHP
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10-06-2020, 04:25 PM	#20
dreaming440i Private 22 Rep 76 Posts Drives: 2017 440i Gran Coupe M Sport Join Date: Mar 2016 Location: Houston iTrader: (0)	I just sold my X3 on Carvana. (That's what was replaced by my 440i GC). I was really surprised at how high the offer was relative to Carmax ($14k), Vroom ($14.5k after negotiating), and what I could get selling on Autotrader. ($15 to $17). Carvana gave me $16,400! I used to do a lot of car trading, so I know the different valuation methods, and I can't figure what criteria they used in their valuation to be so much higher. I can only guess that my X3 was the type of car they specifically wanted for their clientele. I kept waiting for the catch, but they just picked up the car and direct deposited the money!
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10-06-2020, 04:45 PM	#21
FastF30 Lieutenant Colonel 521 Rep 1,288 Posts Drives: 2015 335i xdrive Msport Mbrake Join Date: Dec 2017 Location: Middle of the Road iTrader: (0) Garage List 2015 BMW 335i Xdrive [0.00]	My buddy with a low mileage 2006 solstice just got $8,500 from Carvana... We both were surprised....
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