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A robot bought my seven-year-old car for more than I paid brand-new
The Verge ^
| 2/10/2022
| Sean Hollister
Posted on 02/12/2022 1:41:40 PM PST by nascarnation
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To: protoconservative
Maybe time to start a repo company...or too early?
21
posted on
02/12/2022 2:05:26 PM PST
by
nascarnation
(Let's Go Brandon!)
To: nascarnation
To: nascarnation
Funny how the author never mentioned how many miles were on the car when Carvana bought it.
To: protoconservative
24
posted on
02/12/2022 2:13:18 PM PST
by
ifinnegan
(Democrats kill babies and harvest their organs to sell)
To: FLNittany
If you read to the bottom of the article where they show a “comparable” car with 13,697 miles and then say the car in the story had 17,000 more, I’m guessing 30,000 miles.
25
posted on
02/12/2022 2:13:40 PM PST
by
nascarnation
(Let's Go Brandon!)
To: protoconservative
Repeat after me, “Too big to fail.”
26
posted on
02/12/2022 2:19:28 PM PST
by
Repeat Offender
(While the wicked stand confounded, call me with Thy saints surrounded.)
To: nascarnation
I’ve bought and sold to Carvana several times since 2015. Nothing but great experiences.
27
posted on
02/12/2022 2:26:53 PM PST
by
rb22982
To: nascarnation
“the company [carvana] averages over $4,000 in profit for every car it sells. “
that right there sounds suspicious as all get out ... i get that used car prices are going through the roof, but that would make it even more difficult to add $4,000 profit on top, ESPECIALLY if they’re paying top dollar to start with ...
28
posted on
02/12/2022 2:33:32 PM PST
by
catnipman
(Cat Nipman: In a post-covid world, ALL "science" is now political science ...)
To: Dr. Sivana
“They must be making money on these somehow.”
or lying about it ...
$4,000/car profit per used car sale?
29
posted on
02/12/2022 2:34:47 PM PST
by
catnipman
(Cat Nipman: In a post-covid world, ALL "science" is now political science ...)
To: libertylover
“They came back with $595. It’s worth probably 10-15 times that.”
sounds like yet another “glitch” in their algorithm ... either that, or there are a bunch of little ol’ ladies from pasadena that they’re shaking down, and that’s how they supposedly make $4,000 profit for every car sold ... still, that would take A LOT of little ol’ ladies ...
30
posted on
02/12/2022 2:37:31 PM PST
by
catnipman
(Cat Nipman: In a post-covid world, ALL "science" is now political science ...)
To: nascarnation
Well, sure because they know that they can turn it around and sell it for 24 or 25k.
31
posted on
02/12/2022 2:39:20 PM PST
by
Bullish
(This is the most bloated and most inept govt in history.)
To: ifinnegan
Maybe it’s not a good time to buy?
It isn't, but don't wait until 2026. In that model year there will be a horde of intrusive electronic add-ons required, including devices to make sure you aren't leaving an infant in the car and one to react to perceived drunk driving. CAFE standards are going up to 50 mpg (forces more hybrids, EVs, CVTs). This is going to be the 21st century version of the late '70s, only much worse.
32
posted on
02/12/2022 2:40:07 PM PST
by
Dr. Sivana
(“...life is very good without Facebook and that we would live very well without Facebook."-B.LeMaire)
To: Dr. Sivana
Yes.
I was saying to a friend I’d like to buy a new car that doesn’t have all that stuff. It’s nice but not necessary.
It’ll get worse.
TechnoTotalitarianism is real.
33
posted on
02/12/2022 2:48:37 PM PST
by
ifinnegan
(Democrats kill babies and harvest their organs to sell)
To: catnipman
Financing and 7 year loan terms??
To: libertylover
They came back with $595. It’s worth probably 10-15 times that.
*************************************
Yeah, they get it wrong a lot, and it can go either way.
They offered 4,500 more than I paid new on one of our cars, but they were also way underpriced on our truck.
35
posted on
02/12/2022 2:49:26 PM PST
by
kara37
( )
To: aMorePerfectUnion
“Financing and 7 year loan terms??”
that would do it ... i’d forgotten about car loans since i pay cash ...
36
posted on
02/12/2022 2:58:02 PM PST
by
catnipman
(Cat Nipman: In a post-covid world, ALL "science" is now political science ...)
To: Hojczyk
Same here. A few months ago it seemed like they had like 10.
37
posted on
02/12/2022 3:15:04 PM PST
by
BipolarBob
(The roar of the masses could be "Let's Go Brandon".)
To: outofsalt
I love signing in to certain websites where I have to prove to a robot that I am not a robot!
—
;-)
38
posted on
02/12/2022 3:16:16 PM PST
by
Flick Lives
(The CDC. Brought to you by Pfizer.)
To: nascarnation
I’m supposed to turn in my 2018 F-150 company car in the next few days. I can buy is for $17,000. I think I can resell it for $25000.
39
posted on
02/12/2022 3:32:33 PM PST
by
cyclotic
(I won't give up my FREEDOM for your FEAR. Oh Canada, we stand on guard for thee.)
To: nascarnation
I work part time for an auto parts store delivering parts to repair shops. I am running my entire shift to different shops. They are all very busy and trying to hire help. People are fixing their cars rather than buy new. I chat with everyone at these shops. They are raking in the bucks. I see every car imaginable in these shops. Most are probably just out of warranty and have under 100k miles.
40
posted on
02/12/2022 3:55:51 PM PST
by
msrngtp2002
(Just my opinion.)
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