BMW i5 and 5-Series Forum

Post Reply
 
Thread Tools Search this Thread
      02-09-2024, 04:28 PM   #1
PsychDoc
Captain
2584
Rep
641
Posts

Drives: 2024 540ix
Join Date: Jun 2011
Location: NYC

iTrader: (0)

Anyone used Carvana to sell their current car?

Not thrilled with the trade-in offer from the dealership. Thinking this is the way to go. Might get a bit more in a private sale but not interested in the hastle of going this route.

One individual has told me the process of selling to Carvana was very easy and fair. Just wondering if anyone else had any experiences they could share.

Thanks in advance.
Appreciate 2
Trevor G1852.00
SkykingUSA4489.00
      02-09-2024, 04:40 PM   #2
Trevor G
Chief Engineer
Trevor G's Avatar
United_States
1852
Rep
425
Posts

Drives: 2024 I5 M60
Join Date: Nov 2023
Location: Long Island, NY

iTrader: (0)

Garage List
2024 i5 M60  [9.50]
Did look into this but then just gave the car to my son. They will send a lot of emails . The offer for the car was good and actually went up a few hundred dollars a week later. It seemed pretty straight forward also. They come take the car but will charge for shipping.
__________________
2024 i5 M60 Carbon Black / M Veganza-Alcantara Black / Grey Blue Ash Trim Dk Silv Acc / Executive Package / Driving Assistance Pro Package / M Sport Professional Package / 20" Bicol JetBl 938M AS NonRFT / Front and Rear Heated Seats / Front ventilated seats

Appreciate 1
SkykingUSA4489.00
      02-09-2024, 04:57 PM   #3
PsychDoc
Captain
2584
Rep
641
Posts

Drives: 2024 540ix
Join Date: Jun 2011
Location: NYC

iTrader: (0)

Quote:
Originally Posted by Trevor G View Post
Did look into this but then just gave the car to my son. They will send a lot of emails . The offer for the car was good and actually went up a few hundred dollars a week later. It seemed pretty straight forward also. They come take the car but will charge for shipping.
They have a site right by Roosevelt Field so it may easier for me to just drive it out there and have someone meet me there to give me a lift home or to the dealership if I do it the day I'm picking up the new car. I'd imagine there'd be no shipping charge either as I'd be giving it to them right at their facility.
Appreciate 4
Trevor G1852.00
Scrapula5064.00
SkykingUSA4489.00
Turfer145.50
      02-09-2024, 05:02 PM   #4
Trevor G
Chief Engineer
Trevor G's Avatar
United_States
1852
Rep
425
Posts

Drives: 2024 I5 M60
Join Date: Nov 2023
Location: Long Island, NY

iTrader: (0)

Garage List
2024 i5 M60  [9.50]
Let me know what you decide. If you pick up on a weekend or a Monday I can help you out.
__________________
2024 i5 M60 Carbon Black / M Veganza-Alcantara Black / Grey Blue Ash Trim Dk Silv Acc / Executive Package / Driving Assistance Pro Package / M Sport Professional Package / 20" Bicol JetBl 938M AS NonRFT / Front and Rear Heated Seats / Front ventilated seats

Appreciate 1
SkykingUSA4489.00
      02-09-2024, 05:24 PM   #5
PsychDoc
Captain
2584
Rep
641
Posts

Drives: 2024 540ix
Join Date: Jun 2011
Location: NYC

iTrader: (0)

Quote:
Originally Posted by Trevor G View Post
Let me know what you decide. If you pick up on a weekend or a Monday I can help you out.
Thanks Trevor. I sent you a PM.
Appreciate 2
Trevor G1852.00
SkykingUSA4489.00
      02-09-2024, 05:59 PM   #6
Bob in IL
Major
892
Rep
1,055
Posts

Drives: 2024 G01 X3, 2019 G30 5 Series
Join Date: Oct 2015
Location: Chicago area

iTrader: (0)

PsychDoc, is there a Car Max facility near you? I recently sold a car to them the day after our new one was delivered. I had been checking both Carvana and Car Max as the offers do change regularly and when the time came, the Car Max offer was higher than Carvana. It was seamless as I'm sure Carvana is too. If it's convenient it might not hurt to get an offer from CM to compare with Carvana.
__________________
Current: 2024 G01 (Mineral White/Black) & 2019 G01 (Bluestone Metallic/Ivory White)

Last edited by Bob in IL; 02-09-2024 at 06:09 PM..
Appreciate 4
Trevor G1852.00
PsychDoc2584.00
Scrapula5064.00
SkykingUSA4489.00
      02-09-2024, 06:08 PM   #7
Trevor G
Chief Engineer
Trevor G's Avatar
United_States
1852
Rep
425
Posts

Drives: 2024 I5 M60
Join Date: Nov 2023
Location: Long Island, NY

iTrader: (0)

Garage List
2024 i5 M60  [9.50]
Quote:
Originally Posted by PsychDoc View Post
Thanks Trevor. I sent you a PM.
Taking a 2024 5 series to pick up a 2024 5 series sounds kind of fun actually. Might freak out the dealer.
__________________
2024 i5 M60 Carbon Black / M Veganza-Alcantara Black / Grey Blue Ash Trim Dk Silv Acc / Executive Package / Driving Assistance Pro Package / M Sport Professional Package / 20" Bicol JetBl 938M AS NonRFT / Front and Rear Heated Seats / Front ventilated seats

Appreciate 3
PsychDoc2584.00
Scrapula5064.00
SkykingUSA4489.00
      02-09-2024, 07:05 PM   #8
CaboM4
BMW Aficionado
1518
Rep
1,908
Posts

Drives: 23 i7,23 iX,24 Silverado
Join Date: Jul 2015
Location: NJ

iTrader: (1)

Quote:
Originally Posted by PsychDoc View Post
Not thrilled with the trade-in offer from the dealership. Thinking this is the way to go. Might get a bit more in a private sale but not interested in the hastle of going this route.

One individual has told me the process of selling to Carvana was very easy and fair. Just wondering if anyone else had any experiences they could share.

Thanks in advance.
I used it during covid to sell my 2015 F55 Mini Cooper S to them. They came to my driveway and had me execute paperwork, and had the full funds in my account within 12 hours. There was no deduction for pickup of the vehicle at my home at that time.

For added context, I also used Carmax 2x so far. Sold my 2020 G29 to Carvana a couple of years ago for a very healthy profit. Just sold my 2019 Tundra to them (after 5 years) for $1500 less than I paid for it in January 2019. Painless process, got exactly what the online quote was in both instances & walked away with a bank draft in my hand.
Appreciate 4
Trevor G1852.00
PsychDoc2584.00
LVBMW3073.50
SkykingUSA4489.00
      02-09-2024, 08:02 PM   #9
Bklyn
Private First Class
671
Rep
190
Posts

Drives: Ram 1500
Join Date: Jan 2024
Location: Bklyn Ny

iTrader: (0)

Quote:
Originally Posted by PsychDoc View Post
Thanks Trevor. I sent you a PM.
I got the best offer from Kelly Blue Book for my Model S. I found out about them by an accident. Haberstaad really didn't want my car and said it would be on the low end. MB of Brooklyn actually made a deal with me. I told them I had an offer $2500 more from someone else, and they matched that number.It couldn't have been easier, and I was happy to deal with a large dealer.
I still have the guys number who handled it for me. If you want I can share his contact info.
What's crazy is they sent the car directly to auction, and when I checked my vin number I saw it for sale at Riverhead Nissan less than a week later. They just dumped it, but I was happy to get rid of it. They are only asking a couple grand more than they gave me. Since I leased I wouldn't get any benefit for taxes.
Appreciate 4
Trevor G1852.00
PsychDoc2584.00
LVBMW3073.50
SkykingUSA4489.00
      02-09-2024, 09:49 PM   #10
Scrapula
Major
Scrapula's Avatar
5064
Rep
1,367
Posts

Drives: BMW i5 M60
Join Date: Sep 2023
Location: Washington, USA

iTrader: (0)

I used Carmax, then got the dealer to match the price on my trade, so I paid less sales tax.
Appreciate 4
LVBMW3073.50
Trevor G1852.00
SkykingUSA4489.00
PJH2434.50
      02-10-2024, 04:35 AM   #11
RoGo330i
Private First Class
171
Rep
135
Posts

Drives: BMW330i2022
Join Date: Dec 2021
Location: California

iTrader: (0)

Hi PsychDoc:

I sold a brand new Lexus ES350 that I stupidly bought (not at all up to par from my previous one that I happily put 250,000 miles on). I knew within two hours that I had made a dumb purchase, but the Lexus dealership wouldn’t undue the deal. After crying for awhile, I called Carvana. They gave me a great price, waited until my DMV paperwork came through from the Lexus, came to my house, helped me do the new paperwork over their ipad, and gave me a check on the spot. (They will also do direct deposit if you want.) They did not even test drive the car, and took it away on their flatbed.

That experience led me to buy my first BMW, with that Carvana cash, and to read this forum — learning a lot from folks like you who advise newbies like me.

Keep us posted!
Appreciate 3
PsychDoc2584.00
ando2297.00
SkykingUSA4489.00
      02-10-2024, 05:21 AM   #12
PsychDoc
Captain
2584
Rep
641
Posts

Drives: 2024 540ix
Join Date: Jun 2011
Location: NYC

iTrader: (0)

At least for now, Carvana seems to be offering a better price. Carvana - $14,100; Carmax - $12,400. But these offers are, of course, time specific and subject to change so we'll see who has the better offer once my new car clears the VPC and gets out to the dealership. Thankfully both CarMax are Carvana have locations in my area so I'll be able to use either of them.
Unfortunately there's currently some kind of 'stop sale' in place regarding a rear seat child seat latch that has to be fixed before the car can leave the VPC. Hopefully if a fix is not immediately available they'll allow me to sign a waiver and get the car delivered now.
Appreciate 2
Scrapula5064.00
SkykingUSA4489.00
      02-10-2024, 08:42 AM   #13
CaboM4
BMW Aficionado
1518
Rep
1,908
Posts

Drives: 23 i7,23 iX,24 Silverado
Join Date: Jul 2015
Location: NJ

iTrader: (1)

Quote:
Originally Posted by PsychDoc View Post
Hopefully if a fix is not immediately available they'll allow me to sign a waiver and get the car delivered now.
Sorry ... not gonna happen. My iX sat at port in Germany for 3 months before being released to a shipping vessel post-stop-sale fix. Others sat at USA VPCs for the same before released on a ground carrier to the dealership. Even if the car was on the ground at the dealer and they issued a stop-sale, they won't sell it to you under any circumstances until the vehicle is repaired.

On the CarMax side of the transaction, wait until the end of the 7 day quote, go on-site for your "inspection". They'll hand you a confirmation statement of the offer, which is then good for another 7 days. SO in essence you can "lock" the value for 2 weeks, given no damages to the vehicle, mechanical issues or excessive additional mileage. The CarMax guy both times told me that it was a low risk of the vehicle going up/down a couple hundred dollars from his experience over a 30 day period. Beyond that he couldn't predict.

When I was waiting for my mother's i4, I dumped her Toyota at CarMax because the price was very good. We ended up waiting for 6 months for the BMW due to the war in Ukraine starting 2 weeks after I inked the P1 order. I ended up giving her my Tundra while she waited. The value on the Toyota did surprisingly drop during that time, so we did make out, but to this point you never know!
Appreciate 3
PsychDoc2584.00
Scrapula5064.00
SkykingUSA4489.00
      02-10-2024, 03:13 PM   #14
LVBMW
Major
LVBMW's Avatar
3074
Rep
1,403
Posts

Drives: '24 iX M60 '23 Tesla Model Y-P
Join Date: Jun 2023
Location: Las Vegas

iTrader: (0)

Garage List
Quote:
Originally Posted by CaboM4 View Post
Sorry ... not gonna happen. My iX sat at port in Germany for 3 months before being released to a shipping vessel post-stop-sale fix. Others sat at USA VPCs for the same before released on a ground carrier to the dealership. Even if the car was on the ground at the dealer and they issued a stop-sale, they won't sell it to you under any circumstances until the vehicle is repaired
BMW is allowing those impacted by the coolant valve stop sale to sign a document and take delivery. It’s possible they’ve learned from complaints about the previous stop sales.
Appreciate 3
PsychDoc2584.00
SkykingUSA4489.00
CaboM41518.00
      02-13-2024, 05:01 PM   #15
CaboM4
BMW Aficionado
1518
Rep
1,908
Posts

Drives: 23 i7,23 iX,24 Silverado
Join Date: Jul 2015
Location: NJ

iTrader: (1)

That's amazing ... guess the dealers balked loud enough ... or louder than the lawyers!
Appreciate 1
SkykingUSA4489.00
      02-14-2024, 09:39 AM   #16
Windshieldfarmer
Lieutenant
1087
Rep
687
Posts

Drives: BMW IX50
Join Date: Nov 2023
Location: Wichita, KS

iTrader: (0)

Quote:
Originally Posted by CaboM4 View Post
That's amazing ... guess the dealers balked loud enough ... or louder than the lawyers!
I’m actual amazed at all of the buyers willing to sign a waiver so they can possess a defective car that could cause them a headache. I’m without my ix because of this exact situation…with a multimonth repair timeframe still looming. If you sign this acknowledgment I suspect Lemon Laws will not apply for this defect. Buyer beware!
Appreciate 1
SkykingUSA4489.00
      02-14-2024, 09:49 AM   #17
PsychDoc
Captain
2584
Rep
641
Posts

Drives: 2024 540ix
Join Date: Jun 2011
Location: NYC

iTrader: (0)

Quote:
Originally Posted by Windshieldfarmer View Post
I’m actual amazed at all of the buyers willing to sign a waiver so they can possess a defective car that could cause them a headache. I’m without my ix because of this exact situation…with a multimonth repair timeframe still looming. If you sign this acknowledgment I suspect Lemon Laws will not apply for this defect. Buyer beware!
It's a bit of a stretch to describe it as "a defective car." There are defects that are in the process of being addressed and which will be fixed in fairly short order. So unless it impacts the inherent drivability of the car, there's really no reason not to sign such a waiver knowing it's going to be fixed in short order.
For example the latest isofix issue is only relevant if you're going to have a small child in the back seat. If that's not the case, the issue is completely irrelevant.
Just my thoughts.
Appreciate 2
SkykingUSA4489.00
Scrapula5064.00
      02-14-2024, 09:58 AM   #18
Windshieldfarmer
Lieutenant
1087
Rep
687
Posts

Drives: BMW IX50
Join Date: Nov 2023
Location: Wichita, KS

iTrader: (0)

Quote:
Originally Posted by PsychDoc View Post
It's a bit of a stretch to describe it as "a defective car." There are defects that are in the process of being addressed and which will be fixed in fairly short order. So unless it impacts the inherent drivability of the car, there's really no reason not to sign such a waiver knowing it's going to be fixed in short order.
For example the latest isofix issue is only relevant if you're going to have a small child in the back seat.
Just my thoughts.
It’s a defective car if it’s undrivable…like mine. I’m looking at April 2nd before parts arrive…and that date keeps getting pushed out. Not exactly a short order. Unlike the back seat restraining issue, if a coolant leaks pops up in an unconvenient location, you may end up calling for a tow. I’ve lived this “defect”, thus my comments.
Appreciate 1
SkykingUSA4489.00
      02-14-2024, 10:00 AM   #19
ntailor
Second Lieutenant
194
Rep
228
Posts

Drives: i5 M60, X7 M60i
Join Date: Aug 2016
Location: Philly, PA

iTrader: (0)

Quote:
Originally Posted by Windshieldfarmer View Post
I’m actual amazed at all of the buyers willing to sign a waiver so they can possess a defective car that could cause them a headache. I’m without my ix because of this exact situation…with a multimonth repair timeframe still looming. If you sign this acknowledgment I suspect Lemon Laws will not apply for this defect. Buyer beware!
I signed the waiver to pick up my car. It's for the potential O-ring failure which only occurs at very low temps (paperwork said below 19 degrees F). Car is kept in garage at night so not concerned. The temp has not gotten that low since I picked the car up. It's only going to get warmer now...
Appreciate 1
SkykingUSA4489.00
      02-14-2024, 10:15 AM   #20
Windshieldfarmer
Lieutenant
1087
Rep
687
Posts

Drives: BMW IX50
Join Date: Nov 2023
Location: Wichita, KS

iTrader: (0)

Quote:
Originally Posted by ntailor View Post
I signed the waiver to pick up my car. It's for the potential O-ring failure which only occurs at very low temps (paperwork said below 19 degrees F). Car is kept in garage at night so not concerned. The temp has not gotten that low since I picked the car up. It's only going to get warmer now...
If that is your use case you’ll probably be ok…though I’ve seen several on the forum experience this in less cold temperatures, including my situation. Mine happened in the garage when it was bitterly cold outside which caused the garage to drop to 28 degrees. I would absolutely keep it out of sub freezing temps of any kind until fixed.
Appreciate 1
SkykingUSA4489.00
      02-14-2024, 11:55 AM   #21
Chihuahua
Brigadier General
Chihuahua's Avatar
4575
Rep
3,392
Posts

Drives: E30 329iS, E65 Alpina B7
Join Date: May 2012
Location: TBD

iTrader: (0)

I sold my F30 to Carvana two years ago. VERY easy process. I followed their instructions online as far as submitting info/pictures of the car. Rep came to my house, took additional photos while i signed paperwork. They were in and out within 10 minutes, drove the car away and I had my check in hand. This was at the height of used car craziness, I sold my car for $500 less than what I paid for it two years prior. I'm not sure if their offers/processes have changed but my experience was very positive.
Appreciate 2
SkykingUSA4489.00
RoGo330i171.00
      02-15-2024, 07:34 AM   #22
Llarry
Captain
Llarry's Avatar
22717
Rep
763
Posts

Drives: 2025 M850i GCpe
Join Date: Jun 2006
Location: Oregon

iTrader: (0)

Garage List
My Carvana experience was not a happy one but happened several years ago. I replaced my 2014 X3 35i with a Porsche Macan GTS and wanted to sell the X3. I jumped through all the hoops at the Carvana website and the price they were offering me was substantially higher than the local CarMax. Great, but then when all was said and done they sent me an email saying great, now please drive the car to a Carvana facility 500 miles away in California! What?! (There is a Carvana about 50 miles from me in Oregon.) I suppose I should've pushed turning it in locally, but I was so PO'd I just quit dealing with Carvana. Had I lived in CA, it probably would've gone smoothly.
__________________
'25 M850ix GC
BMW CCA 30 years
Appreciate 1
SkykingUSA4489.00
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 05:04 AM.




g60
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST