Being that I was planning to also compare Carmax to dealer, would you mind telling us how the Carmax and trade in offers compared to KBB trade? Not asking of course for your numbers, just differences between the 3 if possible. Thanks!
Being that I was planning to also compare Carmax to dealer, would you mind telling us how the Carmax and trade in offers compared to KBB trade? Not asking of course for your numbers, just differences between the 3 if possible. Thanks!I was at my dealership today getting my trade in appraised vs the CarMax price and of course the place is empty. I was talking to the owner and my sales guy a bit and the owner said he asked the driver of their last delivery what the deal was since he noticed more delivery's of chargers and challengers than other models and he knows there are lots full of SUVs, jeeps etc. Driver said no one wants to deliver those because with the new contract there are extra incentives for drivers to get the Chargers and Challengers delivered.
Also...I was asking them about why some people might have been waiting since December and others like me are already built and I ordered in April. He said they still go by allocation to dealers even if it's an order. So if a dealership had allocation for 3 charger hellcats maybe they got 3 in sold one but still have two sitting on the lot other dealership orders are going to be filled before that 4th order is filled or the dealer sells their other two allocations. If it's a dealership that normally sells a lot though allocation doesn't really matter and they will keep building orders as long as they keep selling them and don't have any sitting.
Yep, I have a 2020 Kia Stinger GT Carmax was offering 36k and the dealership offered me 34k. if you sell it straight to carmax you're going to get hit on taxes for selling it but if you trade it in you are exempt from having to pay tax for selling it(i'm sure almost everyone knows that though) so that pretty much comes out to even, actually a bit better assuming you claim it and pay what you should in tax lol.Being that I was planning to also compare Carmax to dealer, would you mind telling us how the Carmax and trade in offers compared to KBB trade? Not asking of course for your numbers, just differences between the 3 if possible. Thanks!
Thanks for the info! Not to get too far off topic for this thread, but after reading this message about taxes paid for selling a car I did some research as I had never heard of that. I assume you are talking Captial Gains Tax, but you only pay that if you make a profit on your sale between what you originally paid and are getting for it now, ie, you paid $50k in 2020 and they gave you $52k in 2022. You don’t pay taxes when you take a loss like 99% of folks do by selling a used car they bought new. Selling a car for more than you currently owe is not typically selling for profit, because you’ve already made a bunch of payments.Yep, I have a 2020 Kia Stinger GT Carmax was offering 36k and the dealership offered me 34k. if you sell it straight to carmax you're going to get hit on taxes for selling it but if you trade it in you are exempt from having to pay tax for selling it(i'm sure almost everyone knows that though) so that pretty much comes out to even, actually a bit better assuming you claim it and pay what you should in tax lol.
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Yes, I’ve seen that mentioned a few times on other threads. Seems like they list them automatically to generate interest. Nothing to worry about.So, the latest update I have from the dealership is that the car is in KZP status which equates to “In Transit-Arrived at Body Vendor” I don’t know what that means, since the car was built and done. I was checking Autotrader for what’s out there in the market and I came across my car listed by Koons, granted they have an avatar pic. The question is, do dealership(s) typically list cars they have ordered for costumers as a marketing tool? Or is there something going on? Although, I haven’t heard of Koons do any of their costumers wrong…Your input is appreciated!
Congrats, looks great!loving my new Jailbreak ❤
Ordered Dec 21, Received June 13
Currently at 857km
This car gets so much attention 😎
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You are correct it's like selling a house, stocks etc.Thanks for the info! Not to get too far off topic for this thread, but after reading this message about taxes paid for selling a car I did some research as I had never heard of that. I assume you are talking Captial Gains Tax, but you only pay that if you make a profit on your sale between what you originally paid and are getting for it now, ie, you paid $50k in 2020 and they gave you $52k in 2022. You don’t pay taxes when you take a loss like 99% of folks do by selling a used car they bought new. Selling a car for more than you currently owe is not typically selling for profit, because you’ve already made a bunch of payments.
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What to know about taxes when you sell a vehicle, updated for 2023
Selling a car can be a fairly complicated and involved process. Read on to learn more about taxes when you sell a vehicle (updated for 2023).blog.carvana.com
Yes, I’ve seen that mentioned a few times on other threads. Seems like they list them automatically to generate interest. Nothing to worry about.
Thanks guys, I figured it is something along those lines. Koons so far has been awesome!Yes, it's usually automatically added to the dealers website one the car is invoiced to them. It's still your car, but is used to get potential customers.
I think it depends on the state. In GA you save 6.6 percent of the trade in towards another car. In NH there is no sales tax. We can go on but we wont. 😉Thanks for the info! Not to get too far off topic for this thread, but after reading this message about taxes paid for selling a car I did some research as I had never heard of that. I assume you are talking Captial Gains Tax, but you only pay that if you make a profit on your sale between what you originally paid and are getting for it now, ie, you paid $50k in 2020 and they gave you $52k in 2022. You don’t pay taxes when you take a loss like 99% of folks do by selling a used car they bought new. Selling a car for more than you currently owe is not typically selling for profit, because you’ve already made a bunch of payments.
![]()
What to know about taxes when you sell a vehicle, updated for 2023
Selling a car can be a fairly complicated and involved process. Read on to learn more about taxes when you sell a vehicle (updated for 2023).blog.carvana.com
Nice! Getting closer and almost there...Another update on my order! (Charger HCWB)
Tracking site now shows the car is shipped with an ETA of 7/19! Texted my salesman to check on the status and it's currently KZM. Hopefully won't be too much longer now. Here's the timeline so far:
Ordered: 4/13
Scheduled: 5/18
In Production: 6/13
Built: 6/15
Shipped: 6/28
ETA: 7/19
Delivered: TBD
Congrats! Love the spec you built out👍 Happy 4th!At last my wait is over!
I picked her up yesterday from DC in Paris, KY and drove her back home to NC…
For those of you waiting let me tell you what many others in this forum have said many times before… It’s worth it! What a beast!
Im still tired and exhausted from this long Journey but really looking forward to enjoy her along side with my wife and kids!
I’ll be soon posting a thread sharing my whole journey and how was it working with DC.
And yes, I’ll be also posting a bunch of pictures for your own pleasure!
In the meantime here’s a few of them…
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Btw Happy 4th of July and May God Bless the beautiful USA!
Blessings,
SAM
I’m happy for you but wait a minute. Did you pick it up with a trailer? I’m sorry but that just wouldn’t be right. A beautiful car just the same. CongratsAt last my wait is over!
I picked her up yesterday from DC in Paris, KY and drove her back home to NC…
For those of you waiting let me tell you what many others in this forum have said many times before… It’s worth it! What a beast!
Im still tired and exhausted from this long Journey but really looking forward to enjoy her along side with my wife and kids!
I’ll be soon posting a thread sharing my whole journey and how was it working with DC.
And yes, I’ll be also posting a bunch of pictures for your own pleasure!
In the meantime here’s a few of them…
View attachment 598070 View attachment 598071 View attachment 598072 View attachment 598072 View attachment 598073 View attachment 598074
View attachment 598075
Btw Happy 4th of July and May God Bless the beautiful USA!
Blessings,
SAM
Thanks. Yes, it is in fact a U-Haul trailer! I debated a lot wether to drive her back home or haul it…I’m happy for you but wait a minute. Did you pick it up with a trailer? I’m sorry but that just wouldn’t be right. A beautiful car just the same. Congrats
You can buy and have them installed at the dealership.Hells yea!! Looks amazing! Wish they offered the hood pins on my order, love that look!