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Carvana's Algorithm Bought A 7-Year-Old Honda Fit For More Than It Was Worth New...The Verge dives into what is going on with exploding car prices
https://jalopnik.com ^ | February 11, 2022 | By Erin Marquis

Posted on 02/11/2022 11:52:19 AM PST by Red Badger

click here to read article


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1 posted on 02/11/2022 11:52:19 AM PST by Red Badger
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To: Red Badger

https://www.theverge.com/22923871/carvana-pandemic-used-car-prices-sold-online-chip-shortage


2 posted on 02/11/2022 11:52:38 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

We are Cuber.


3 posted on 02/11/2022 12:00:31 PM PST by crusty old prospector
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To: Red Badger

A friend of a friend ordered a new Ford bronco last year....waited a whole year to take delivery and sold it to another dealership in a matter of days after the purchase for $15k more than he paid for it.

SMH

Crazy


4 posted on 02/11/2022 12:01:53 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: V_TWIN

was your friend’s name Hoovie? That sounds familiar.


5 posted on 02/11/2022 12:03:12 PM PST by max americana (FIRED LEFTARD employees at our office every election since 2008 and enjoyed seeing them cry.)
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To: Red Badger

Carvana offered me $37,250 for my 2016 Silverado LTZ with almost 58k miles on it. I bought it brand new in 2016 for less than that.


6 posted on 02/11/2022 12:03:47 PM PST by AlaskaErik (In time of peace, prepare for war.)
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To: Red Badger

What’s the best way? Take a Saturday and visit every auto dealer in town to see who pays the most? Sounds like we have the upper hand.


7 posted on 02/11/2022 12:07:38 PM PST by DIRTYSECRET
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To: max americana

This is in north Fla if that helps.

You know.....land of lynyrd skynyrd!


8 posted on 02/11/2022 12:07:55 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: V_TWIN

OK lol off topic, I just watched LS live version of Freebird on Youtube a few days ago. A Day in the Green?


9 posted on 02/11/2022 12:09:40 PM PST by max americana (FIRED LEFTARD employees at our office every election since 2008 and enjoyed seeing them cry.)
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To: Red Badger

That red Honda looks like a cheese wedge or doorstop, as a lot of subcompact cars do.


10 posted on 02/11/2022 12:11:35 PM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: DIRTYSECRET

Take a day off work on the last day of the month when they are desperate to fill their quotas..............


11 posted on 02/11/2022 12:13:18 PM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

I bought a 2003 Dodge Ram 2500 for $8,000 5 years ago.

It’s now worth $13K on Kelly Blue Book.


12 posted on 02/11/2022 12:14:17 PM PST by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: DIRTYSECRET

We took a 2010 Lexus IS 250 with 62,000 miles to 5 local dealers, it’s KBB price to private party was $12,000. All 4 dealers offered us $11,750, $12,000, 12,400 and 12,500 on the spot to sell. We did Carvana online and 4 days later they showed up with a $14,250 check and we handed them the title and the took it away. We were shocked and thought they would try and haggle us down from the original offer but nope, here’s your check, give us the car. Easy Peasy and I’ll call them again.


13 posted on 02/11/2022 12:17:11 PM PST by chuck allen
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To: chuck allen

I also wonder with this push to EVs, if they think soon ICE cars will be at a premium.


14 posted on 02/11/2022 12:18:29 PM PST by dfwgator (Endut! Hoch Hech!)
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To: max americana

Yeah that was just a couple months before the plane crash.


15 posted on 02/11/2022 12:19:06 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: Red Badger

Got to see what my 2000 civic with 220,000 miles gets.


16 posted on 02/11/2022 12:24:09 PM PST by llevrok (Pronouns: Me/myself/& I)
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To: V_TWIN

I can understand that. If I’m not mistaken, folks locked in a price upon ordering and Ford was adamant about dealers not jacking the prices up.

It’s a remake of a classic.

I have a ‘77 and folks follow me into parking lots.

That dealer probably had someone lined up to pay at least $20-25k over what your buddy paid


17 posted on 02/11/2022 12:24:11 PM PST by qaz123
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To: dfwgator

I don’t know, but I do know they will probably be buying my 2014 RAV4 fairly soon and I’ll take their check to Toyota for the down payment on our newer certified one. No way I’ll trade the thing in at my dealer, who we like btw. Every time I’m at the dealer getting service the salespeople always hit me up to get my car, they know it’s a low miles very well taken care of car, but I’m not trading with them after our Carvana experience.


18 posted on 02/11/2022 12:27:25 PM PST by chuck allen
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To: qaz123

Oh sure the dealerships gonna make money you know that.

I hate buying a vehicle at a dealership like poison......just walking on the lot irritates the crap outta me.


19 posted on 02/11/2022 12:36:22 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: V_TWIN

My nephew just got talent to the cleaners. Few bad for him. But you gota learn.

I envision a day real soon where the dealerships are historic sites. Build it online Have it delivered.


20 posted on 02/11/2022 12:51:16 PM PST by qaz123
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