The Daily Churn Ep 30 - Carvana vs Dealerships
Aug 31, 2022
Explore the ups and downs of selling and buying cars in today's market. Discover the pros and cons of online sales versus private party marketplaces. Learn how Carvana streamlines selling compared to traditional methods. Delve into the challenges at dealerships, where deceptive pricing and upselling are rampant. The host shares a five-hour negotiation adventure, revealing insider tips to navigate the tricky landscape of car buying. Join for some eye-opening insights and entertaining anecdotes!
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Online Car Quotes
- Get quotes from online services like Carvana, Vroom, CarGurus, CarMax, and Shift.
- Compare prices as discrepancies can be significant, sometimes exceeding $10,000.
Carvana vs. CarGurus
- Speaker 0's Carvana quote was $10,000 higher than CarGurus, but other users report varying experiences.
- Comparing quotes is crucial, as offers depend on car type, mileage, and market conditions.
Setting a Base Price
- Establish a base price using the highest online quote to determine your target for private sales.
- Start negotiations above that price, leaving room to haggle but set a floor limit.