Viewing a single comment thread. View all comments

fobreezee OP t1_j9bg3ia wrote

Reply to comment by Confident_End_3848 in Need a good PPI inspection done for a vehicle I'm buying from Carvana? by fobreezee

>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.

1

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

1

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.

1