Carvana offer on my Maverick…

[Tq28tz]

I just picked up my Maverick XL Hybrid no options… and put the info into Carvana came back at over 30k about a 6k profit….may put it on eBay and see if it goes for more since I am sure Carvana will mark it up to 39k.

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[OB1e]

Ebay? U know how much the eBay fee is? And the PayPal? Better off CarMax and walking away

 

[cavemold]

kelly blue book valued it at 29-31k as XLT for me so that sounds about right. Im sure if you put it out there on craiglist etc yourself you could get 34kish. Right now. Not by September etc.

 

[Tq28tz]

Ebay? U know how much the eBay fee is? And the PayPal? Better off CarMax and walking away

$250 to sell a car on eBay and paypal is only used for the deposit of $1000

 

[Johnkn]

Don’t forget to claim any profit on your tax returns next year, the profit will be subject to short term gain tax.

The IRS thanks you.......
.

 

[Tq28tz]

Don’t forget to claim any profit on your tax returns next year, the profit will be subject to short term gain tax.

The IRS thanks you.......
.

Just need to lose money on another car…

 

[Johnkn]

Too bad it doesn’t work that way with vehicles.

Lose $ on the sale of a house would work....

.

 

[Burch20]

Just need to lose money on another car…

For sure does not work like that lol. I'd be curious to see how many of the folks that flipped their truck get audited. I think it would be tough to hide because the sale would have a paper trail.

 

[LeersMav]

I just picked up my Maverick XL Hybrid no options… and put the info into Carvana came back at over 30k about a 6k profit….may put it on eBay and see if it goes for more since I am sure Carvana will mark it up to 39k.

Run it on Driveway.com and see what it comes back with. You might get quite a bit more

 

[mav_can]

For sure does not work like that lol. I'd be curious to see how many of the folks that flipped their truck get audited. I think it would be tough to hide because the sale would have a paper trail.

Just buy a Mach E for the rebate, then flip that!

 

[MLowe05]

Carvana valued our 2022 XL EB with no options at $31,200.

 

[migueralliart]

I just received my xlt hybrid and did the carvana offer and got 33k even. Paid 25.7k OTD so I'm thinking of selling but I have a full month to enjoy it.

 

[James D]

If you are serious about selling, don’t go to a wholesaler like Carvana and give them your equity for free. They are just going to flip it for few thousand more. Sell PP on Autotrader and CraigsList.

It's easy. Do the transfer with your buyer during business hours. Walk into the bank together, show the cashier's check to the mgr (they can spot fakes) and deposit. Then you both drive to the local Auto Club where they will show you where to sign the title and make sure registration is changed on the spot. Done.

You would not sell your house below market value don't do that with your car. See wholesale and retail car values on www.nada.com

 

[Profiteer]

If you are serious about selling, don’t go to a wholesaler like Carvana and give them your equity for free. They are just going to flip it for few thousand more. Sell PP on Autotrader and CraigsList.

It's easy. Do the transfer with your buyer during business hours. Walk into the bank together, show the cashier's check to the mgr (they can spot fakes) and deposit. Then you both drive to the local Auto Club where they will show you where to sign the title and make sure registration is changed on the spot. Done.

You would not sell your house below market value don't do that with your car. See wholesale and retail car values on www.nada.com

That’s a huge headache. I’m willing to lose a few k to not deal with the lunatic public.

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