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Confident_End_3848 t1_j99onlc wrote

If you can, I’d try to buy a new enough car that you could still shop an extended manufacturer’s warranty for it.

Different makes handle it differently, but generally it still has to be within the original bumper to bumper warranty. Some dealers around the country do a nice side business selling discounted manufacturer’s extended warranties online. I just got one for a new car from a dealer in central PA.

Carvana (and places like Carmax) have really high prices for used cars. You can’t negotiate. You do get the 7 day return privilege, I guess. But that wouldn’t make up for the higher price imo.

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fobreezee OP t1_j9bg3ia wrote

>Carvana (and places like Carmax) have really high prices for used cars. You can’t negotiate. You do get the 7 day return privilege, I guess. But that wouldn’t make up for the higher price imo.

The deal on my car is really good as I searched a 200 mile radius and their price is definitely the best. From what I remember Carmax always tries to make $2k a car, but Carvana only makes $1-1.5k currently according to some youtube videos I watched.

I'm more so worried about all of their titling issues honestly.

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Confident_End_3848 t1_j9bi8fp wrote

This article suggests Carvana’s margins are much higher:

https://www.forbes.com/sites/jeremyalicandri/2022/08/25/does-carvana-sell-for-lower-prices/?sh=364944c98f75

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fobreezee OP t1_j9bjtno wrote

That article include both the profit from financing and warranty sales and was written during the peak summer months last year as Used car prices were going up. The video I watched was from last month and they talked about how the profits went down, so probably a more recent thing.

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