I paid cash for mine and never planned on selling but 2 offers after one week of ownership is tempting. Fully loaded, hardtop, 2.7, Leather, tow, high package, advanced 4wd, switches, etc. I would have sold for that kind of money if I had title.Is it possible that if they paid cash that they're getting their title quicker?
a lot is location and demand, but overall it's falling fast. when i first got mine it was 10-15, now it's around purchase price. plus other brands are starting to beat the chip constraints and offer things like ev.I am still getting offers 10,000 to 15,000 over sticker for mine. Problem is that it is illegal to sell without title and the state is taking up to 6 weeks to process and mail titles. The car has to be registered in your name for resale so I don't see how people claim they are immediately flipping.
Kind of irrelevant now, as it's over.I just don't buy this story is what it seems.
The Bank owns the lien on the vehicle if you have a note. What you make over that amount you owe the Bank is a capital gain and taxed by the feds.I am still getting offers 10,000 to 15,000 over sticker for mine. Problem is that it is illegal to sell without title and the state is taking up to 6 weeks to process and mail titles. The car has to be registered in your name for resale so I don't see how people claim they are immediately flipping.
Maybe but I still don't think we got the whole story.Kind of irrelevant now, as it's over.
Price Carvana offered me dropped 5k in 1 1/2 week (was curious, not selling)I really think the bottom is about to drop out soon on everything. Demand will fall rapidly when rates get high enough and people start sitting on their money because of recession incoming.
Sounds like buyers remorse and seats were easy excuse.Maybe but I still don't think we got the whole story.
Don’t worry. Prices will go back up when everyone figures out only 1 in 4 will get a 23.Price Carvana offered me dropped 5k in 1 1/2 week (was curious, not selling)