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Originally Posted by xantdieselx
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Originally Posted by ralawren
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Originally Posted by xantdieselx
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Originally Posted by 60_Driver
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Originally Posted by xantdieselx
Didn't trade my car in but got an offer from Carvana of $34,812 on my 19' M240i xDrive with 20k miles a few weeks back. MSRP was $53,180 and I paid just over $46k for it new. I was actually surprised at the offer as I thought it was reasonable. Hope the info helps.
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Ant, great info. Thank you very much! |
So get this 60, got an email from Carvana saying values were rapidly increasing and I should submit my car for an updated appraisal. I did, and got an offer of $38,194. That's almost 3k higher and well over what I owe. I just couldn't pass it up so tomorrow I say goodbye to my much loved 240. It's been a great all around car but looking to fill my garage with something a little more focused. |
Same experience. My 2015 228i M-Sport with Track Pkg and most options ($47,500 MSRP) sold for $21800. Only had 30,600 miles but was $4000 more than CarMax and $5,000 more than Trade In.
No hassle at all. Just filled out appraisal online. Received offer and dropped it off along with title and copies of driver licenses! |
Not bad at all. I keep checking their site waiting for my 240i to pop up. Their prices are pretty high so it will be interesting to see what they sell it for. |
Just to bring this full circle, took a couple of weeks for my M240i to show up on Carvana's site. Only lasted 1/2 a day before they slapped the "Purchase Pending" label on it. Two days later the car was no longer on their site. It was listed for $39,900.
I can't believe how slim the margins are at Carvana compared to a typical dealer. It's probably because they make a little on the car, more on the financing and whether or not folks opt for their extended warranty.