Carvana - Offers Increasing

[DonkeyKong]

Over the past month I’ve updated what Carvana is willing to pay for the R1T. We are thinking about going back to a gas truck for towing purposes. Don’t worry, keeping the R1S.

Offer 1: $49,780
Offer 2: $51,000
Offer 3: $55,000
Offer 4: $56,720 (today)

‘22 with 11,000 miles.

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[MikeWilliams_R1T]

I guess that is an upside of tariffs looming... it could be a boom for the used market and our trucks will hold value a little longer.

 

[stormbreaker]

Over the past month I’ve updated what Carvana is willing to pay for the R1T. We are thinking about going back to a gas truck for towing purposes. Don’t worry, keeping the R1S.

Offer 1: $49,780
Offer 2: $51,000
Offer 3: $55,000
Offer 4: $56,720 (today)

‘22 with 11,000 miles.

Depending on how heavy the tow is, diesel is your best bet. I came from a Chevy Duramax and for 23 years, the Duramax never let me down.

 

[mudito]

Over the past month I’ve updated what Carvana is willing to pay for the R1T. We are thinking about going back to a gas truck for towing purposes. Don’t worry, keeping the R1S.

Offer 1: $49,780
Offer 2: $51,000
Offer 3: $55,000
Offer 4: $56,720 (today)

‘22 with 11,000 miles.

Wow. 56.7k is a great offer!

 

[JM.]

They are selling LEs for $65k with similar miles, or $58k with more miles. Interesting.

Oddly, I see a vehicle I traded in for my Tesla still showing that I can sell it to them, with a ridiculously high offer. And they will give me $20,200 for my Tesla.

I put in the info for an R1T I'm considering buying, the seller wants $60k. They offered $52k. It's an LE with 25k miles.

 

[Electrified Outdoors]

Yeah that’s not a bad trade offer for a 22 with 11k mi.

 

[JM.]

This is a cash-out offer, not trade. Though I don't know if Carvana offers more for a trade versus cash.

 

[Aardvark]

I guess that is an upside of tariffs looming... it could be a boom for the used market and our trucks will hold value a little longer.

I was thinking the same thing. Tariffs, or even erratic tariff announcements, can have the effect of supply chain shortages or higher component costs. I wouldn't be surprised to see a ramping up of used car prices, as new car prices spike, and current owners hold on to their current cars longer.
There are exceptions...like our Tesla Model 3 that is waiting to become an R2. Carvana's current offer is $18000-- if I pay them the $18k, and rebadge the car as a Yugo, they will take it away after sunset if no one is looking.

 

[mpshizzle]

‘22 with 11,000 miles.

.... Me with 11,000 after only 6 months of ownership

 

[UnsungZero_OldTimeAdMan]

Where's the demand coming from? Tesla CT owners? ?

 

[Electrified Outdoors]

Where's the demand coming from? Tesla CT owners? ?

DOGEquest has to be high on the list. I find the whole situation disturbing on many levels.

 

[bfilippo]

I mentioned this in my post a week or two ago as I just bought an LE R1S with a decent amount of mileage. Used R1S's in particular seem to be moving faster than when I first began looking in December. While it remains relatively anecdotal, and the EU market dip is the only clear statistical indicator of Tesla stock and purchase drops, I suspect there are a good number of people looking to change ships at this point. And, realistically, the EV9 is the only real competitor for a EV SUV and a 2024 EV9 is going to cost you about 5k MORE than a 22/23 Quad LE with some mileage on it. I know which route I chose. Kia seems to have made significant strides the past few years, but I could not spend $60k on a Kia SUV, just psychologically, having had a Soul and even a Sportage in the past.

 

[Mark_AZR1T]

The demand for used R1s has been strong for a while (pre-DOGE), especially at high-profile sales companies like CarMax. As Rivian’s go-to trade-in partner, CarMax moves them fast—often within days of hitting the lot.

When they sealed the deal to resell Rivian's, they snagged 400 of our magnetic jack puck kits—for every dealership in the USA. Now, buyers can walk in, see it, sit in it, drive it, and finance it all in one stop.

Carvana would probably see the same magic happen, especially with the whole trade-fiasco going on.


.

 

[JM.]

One of my clients just bought a 2022 quad today with 11k on it, and an RTT included, for $52,500. But it was a family deal so who knows how they priced it. Don't know if it's LE and whether it has the Meridian system.

 

[iansriv]

I was thinking the same thing. Tariffs, or even erratic tariff announcements, can have the effect of supply chain shortages or higher component costs. I wouldn't be surprised to see a ramping up of used car prices, as new car prices spike, and current owners hold on to their current cars longer.
There are exceptions...like our Tesla Model 3 that is waiting to become an R2. Carvana's current offer is $18000-- if I pay them the $18k, and rebadge the car as a Yugo, they will take it away after sunset if no one is looking.

I still cant understand the current state of affairs. What did any Telsa owner do that deserves their car being damaged. This is not a political statement and I dont own a Tesla.

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