Carvana offered me 17.4 for my 2017 GTI S with 46k miles today. Bought it for 21.9 in Sep 2017. Never been so tempted to sell and buy a C5 Vette lol
If the market tanks/changes, you wonder if people are just gonna be buried/upside down on these (high) used car loans.
Or is the new norm?, and then new car makers will pull back on incentives since there's still high demand (with low supply).
Regardless, it's crazy that people are paying there high prices for the used cars right now. Great time to sell, but a bad time (IMO) to buy used.
The difference was over $4k between Carvana and Vroom for me (Vroom was higher)You'll get even more from Vroom. In my experience their offer has always been at least $1,000 over what Carvana offered me. So, it's worth checking them out as well if you haven't already.
It's definitely a sellers market right now.