Good trade in costs due to new car shortage/chip supply

[soundman98]

Just be sure to get the update so it doesn't burn your house down!

The bolt has somewhat interested me, but gm seems to always find a way to muck vehicles up...

[EAGLE5]

Bolt is an excellent car with terrible seats.

[Tcoat]

Originally Posted by winstonscifi

Yeah, I filled out the online form on a Thursday, and they were here with a check on the following Tuesday. They texted me to remind me that they were coming. Derrick was about 20 minutes late, but the deal only took 20 minutes. He loaded up my car, and I went to deposit the check. It cleared the next day. OK, so I'm $19343 richer....now, what to buy.

I'm sure I will be mocked, ridiculed, and vilified, but I went with a new Chevy Bolt. I've always been interested in the electric cars. I drove this one, and it was great. I can fit my fat bike in the back without taking off the front tire. I can drive it to the free charging station by my favorite Target, get a free 2 hour charge while I'm riding the fatty for a couple hours.

There are unbelievable incentives right now from GM on the Bolt. A $39000 car cost me $20840. I had a couple extra rebates - $1500 loyalty for owning a Chevy Trax, and another $1660 on GM card.

Of course, I had to pay $2000 tax and license and the little fees they get you with, but for a cost of $3500, I sold my 5 and a half year old FRS and got a new electric car.

Seriously, if you want to sell your car, and you don't want the hassle of listing it on Craigslist, and you don't want to get a lowball offer from the dealership, Carvana may be the right thing for you.

Alright, let the negative comments fly!

Sounds perfect for your needs.
Two important questions though.
Can you see the brake pads?
How fast is the refresh rate on the speedo?

[winstonscifi]

Originally Posted by Tcoat

Sounds perfect for your needs.
Two important questions though.
Can you see the brake pads?
How fast is the refresh rate on the speedo?

I don't see any brake pads anywhere!! And the speedo is alarmingly slow.....oh my GOD, the new car I bought is already TOTALLED!!!!

[Jordanwolf]

Originally Posted by Tcoat

Sounds perfect for your needs.
Two important questions though.
Can you see the brake pads?
How fast is the refresh rate on the speedo?

3, do you need to drive on the freeways, as this car is not good at merging and will likely get the driver killed. Base Corolla will merge better.

[jflogerzi]

Originally Posted by winstonscifi

I don't see any brake pads anywhere!! And the speedo is alarmingly slow.....oh my GOD, the new car I bought is already TOTALLED!!!!

I hope its an inside joke. I have my eye on the new bolt's coming out but I want to see what Kia and Hyundai bring because they still have the 7500$ tax credit and CA still has there rebates. I wish the government would bring back the 7500$ credit for all manufactures. If that happens and I could get a decent car for 25,000-30,000k I would jump on one now.

[Tcoat]

Originally Posted by Jordanwolf

3, do you need to drive on the freeways, as this car is not good at merging and will likely get the driver killed. Base Corolla will merge better.

Ya it took me 45 minutes to get a big enough opening to get onto the 401 today. Thank god for the reduced traffic or could still be there. Two Geo Metros and a Lada had to go around me.

[Decep]

You need to learn how to use your gears. Drop it down into first for maximum powah. Nice thing about doing that is it bypasses that pesky factory rev limiter that Toyota only enabled to keep this car from beating Supras.

[stocktc1]

Does low mileage not increase value on a 2013? I was playing with tradein values using 5k miles versus 30 k and the value did not change much....sad

[Tcoat]

Originally Posted by stocktc1

Does low mileage not increase value on a 2013? I was playing with tradein values using 5k miles versus 30 k and the value did not change much....sad

The mileages work within ranges not by the mile.

[McMCOO]

In April I bought the last, new, 2020 manual transmission 86 in either Washington or Oregon. I paid $25,738 (TrueCar price) for basically the last one anywhere near me that was new. At the same time I saw several Autotrader/CL ads for used 2020s with 900-1500 miles on them for $28k and up.

[jflogerzi]

Good time sell but not buy. Everything has marks up on anything but econ shit boxes.

Sent from my GM1915 using Tapatalk

[Tcoat]

Took my car in to the local for service on Friday. They told me they have several people looking for one and offered me $2,000 over what I paid for it on trade in on anything they had on the lot (including a Supra). Now normally I figure these "we need your trade in right now" ploys are sort of scammy but this time I truly walked away with the impression that they really did want my trade in right now!
So much for the horrible depreciation everybody was screaming about 5 years ago.

[Dave-ROR]

Originally Posted by winstonscifi

After reading all this about the value of our cars increasing, I decided to find out for myself. I went on Carvana, and filled out all the forms. I was given an appraisal of $19343.00 for my 2015 Scion FRS. It's got 40840 miles on it. It's an automatic. I told them that it had a door ding and a hood ding. No mods - no accidents. No lien. They asked for pics of the dings. They said someone would be out today to pick up the car and have a check for me. Derrick showed up, and after looking at the car said here's your check. While he was loading up my car, I went to the bank and deposited the check. It took less than 20 minutes! Carvana is real! I know you're going to ask what I will be buying - and you will be surprised. Details will be forthcoming.

Carvana offered me $50k for my 2018 Camaro ZL1 1LE with 3,700 miles on it. That seems bad off sticker but I paid $53k for it brand new in 2019.

I posted it on the Camaro forum for $57.5k with some spare parts and it was sold in 12 hours. No haggling. It was thousands cheaper than the other ones out there. Guy fly in, gave me the money, drove home. Took 60 minutes including the time driving him back from the airport.

Sadly that's the ONLY private car sell that has ever gone that smoothly, normally I trade now because the $ is less important to me than my time and frustration level dealing with low balling jackoffs.

Another buddy sold his 2017 Civic Type R for basically new MSRP to them as well. He bought the car at MSRP which is what any smart buyer of those cars will do (it did take him about 6 hours to find one at MSRP back in the day so that is some effort I guess) which carvana ended up selling at a 3-4k loss (forget exactly what the final number was). That's also when he realized that Honda techline is run by morons and almost had to lemon law the car because honda sucks these days.

And yeah it's a bad time to buy for sure... I replaced the Camaro with a 2005 TSX that I bought from a buddy in Chicago for his carmax offer price and it included beer in the trunk lol - New car (well truck) will arrive eventually............................