Carvana? Seriously More like Crack-Vana

[LowerSlowerDelaware]

Yeah Right, Maybe in 10 or 12 Years

At least my ”depreciation” ain’t as bad as you high rollers

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[CM81]

then they will sell it for $40-45K

 

[PrepVet]

That's a huge turn around from several months ago for them. They were buying well over MSRP on used Bronco's. I almost sold mine to them and would have made around $9g on a car I had been driving for a year plus.

 

[Dquimby9]

I sold my 2 door Big Bend 7 speed to them 6 months ago for $41500, they listed it for $49,990 and its finally saying that a sale is pending... buy they had to drop the price down to $42,590.

 

[2fast4u]

Car prices are going to start dropping like Rocks that why you never pay over MSRP you will never see that money again.

 

[KillerPenz]

Isn't that about what you paid for it 2 years ago? Where's the problem? It looks like a stripped down base to begin with, what should it be worth?

 

[AK SNO RIDER]

Isn't that about what you paid for it 2 years ago? Where's the problem? It looks like a stripped down base to begin with, what should it be worth?

Yup, $29k for a used 2 door Base is generous IMO. It's only that high because of the screwed up market we're dealing with these days.

 

[23_Badlands]

Getting the distinct impression Bronco prices are finally starting to normalize. Our local dealer has had $5k - $10k ADM's since 2021. Just 2-3 months ago their $5k - $10k ADM's were rock solid. They're now down to $2k - $4k on their website. A number of dealers who had ADM's back in May (when we were looking), called us back in June, willing to sell at MSRP.

A base 2023 2dr with no options MSRP's for roughly $36k right now. The OP has a 2-year old, 2021 Base model that Carvana says has a **wholesale** value of $28k. So, retail value is maybe $31k - $32?? With prices starting to normalize (more dealers selling at MSRP), $31k - $32k sounds about right to me for a 2-year old Base with average mileage.

 

[Dayton1984]

Car prices are going to start dropping like Rocks that why you never pay over MSRP you will never see that money again.

Yep just bought mine from CarMax fully loaded Wildtrak luxe, tow, mod bumper with 1400 miles on it for 69. Local dealers wanted to charge 78k on in transit models coming in.

 

[Dayton1984]

Getting the distinct impression Bronco prices are finally starting to normalize. Our local dealer has had $5k - $10k ADM's since 2021. Just 2 months ago their $5k - $10k ADM's were rock solid. They're now down to $2k - $4k on their website. A number of dealers who had ADM's back in May (when we were looking), called us back in June, willing to sell at MSRP.

A base 2023 2dr with no options MSRP's for roughly $36k right now. The OP has a 2-year old, 2021 Base model that Carvana says has a **wholesale** value of $28k. So, retail value is maybe $31k - $32?? With prices starting to normalize (more dealers selling at MSRP), $31k - $32k sounds about right to me for a 2-year old Base with average mileage.

It does stink for those who paid over for sure, on the bright side I want to get my son a used 2 door for his 16th in about 3 years so hopefully can get something affordable

 

[23_Badlands]

It does stink for those who paid over for sure, on the bright side I want to get my son a used 2 door for his 16th in about 3 years so hopefully can get something affordable

In 3 years the new ones will probably have $3k rebates and 0% financing--lol! My guess the 2021 base 2dr's (with zero options) will be selling in the mid 20's by then.

 

[SS Bronco]

Yeah Right, Maybe in 10 or 12 Years

At least my ”depreciation” ain’t as bad as you high rollers

That seems about right for a entry level Bronco. Wasn’t the MSRP around $32k?

 

[aham23]

I sold my 2 door Big Bend 7 speed to them 6 months ago for $41500, they listed it for $49,990 and its finally saying that a sale is pending... buy they had to drop the price down to $42,590.

how was the deal? Any issues with loan payoff if you had one?

 

[395N]

Yeah Right, Maybe in 10 or 12 Years

At least my ”depreciation” ain’t as bad as you high rollers

What number did you have in your mind?

 

[Dquimby9]

how was the deal? Any issues with loan payoff if you had one?

No loan, cashed the check, money in my account right away. Wouldn’t have sold except was able to get my original order from granger that finally came in for less money than Carvana gave me for my old one with 11xxx miles on it!

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