Definately dont buy it new!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Logic717]

I’ll chime in here and say this… it isn’t reasonable to compare when you bought the stinger at the peak of discounts to the insane seller’s market it is right now. It’s just not the same environment. For those of you that bought in the last 1-3 years, congratulations- it’s pretty for y’all right now. But next year when the market place stabilizes the folks buying right now won’t have the same experience.
I firmly believe that there is a correction coming in the next 6-8 months as things start to reopen and chip manufacturing supply begins to catch up. It’s just a matter of timing.

 

[ecko04]

I just plugged my 19’ GT1 RWD w/ 19,253 miles into Vroom and got an offer of $38k. Back in February with 1,300 fewer miles, I did the same thing with the same company, they offered $32k.

 

[ecko04]

Whoa, my wife’s Telluride is even more insane. Purchased in June 2019 for $41k. 2020 EX w/ 30,033 miles, $44k from Vroom.

 

[Logic717]

Yeah… times are insane right now.

 

[powermatt]

Whoa, my wife’s Telluride is even more insane. Purchased in June 2019 for $41k. 2020 EX w/ 30,033 miles, $44k from Vroom.

Those are super hot right now. Not too shocked there. They'd sell it in 24 hours max, even at near $50k. Stinger values seem to be a bit more all over the map.

Pulled a quote from Vroom, offered $27k for my '18 GT2 AWD with 24k miles. Not sure where these high values are coming from, but they're sure not there for me. Best I've had so far is $33k from a local Toyota dealer.

 

[P22Tyler]

I was curious so I checked with Carvana and they offered me $38,663 for mine. This bubble will definitely burst at some point.

 

[Kamauxx]

Y'all got me curious so I just checked Carvana and Vroom for my S5.

Carvana offered $43k.
Vroom offered $54,500.

I'm kind of tempted by Vroom's offer. I wish I didn't see this!

 

[MD_Stinger]

After thinking of selling for a few weeks, I'm going to proceed with selling to Vroom, despite their fairly negative reviews (at least in terms of buying cars from them). Their offer for my '20 GT is $38,900! Carvana was at $35,232. Paid $35,000 for the car in August '20.

 

[Kamauxx]

After thinking of selling for a few weeks, I'm going to proceed with selling to Vroom, despite their fairly negative reviews (at least in terms of buying cars from them). Their offer for my '20 GT is $38,900! Carvana was at $35,232. Paid $35,000 for the car in August '20.

Keep in mind that you might make a few thousand bucks on the sale but a replacement car will probably cost you a few thousand more than it normally would.

 

[MD_Stinger]

Very true; Luckily we can operate as a one-car family for awhile if needed.

 

[powermatt]

Keep in mind that you might make a few thousand bucks on the sale but a replacement car will probably cost you a few thousand more than it normally would.

Yep, this is a seller's market. Only makes sense to take the offer if you have no plan to buy anything to replace it. That's the biggest issue for me: going down to just my Miata is entirely doable for 95% of my use cases, but that 5% is where the Miata fails miserably (two seats, loud as hell on the highway, etc). In normal times, I'd just rent for that 5%... yeah, in normal times.

Did one last appraisal today; CarMax offered $36k. Pretty sure no one else is beating that. Also would kick me back a few grand on the loan. Very tempting, but again... that 5%, and no other options for it.

 

[MerlintheMad]

Yep, this is a seller's market. Only makes sense to take the offer if you have no plan to buy anything to replace it. That's the biggest issue for me: going down to just my Miata is entirely doable for 95% of my use cases, but that 5% is where the Miata fails miserably (two seats, loud as hell on the highway, etc). In normal times, I'd just rent for that 5%... yeah, in normal times.

Did one last appraisal today; CarMax offered $36k. Pretty sure no one else is beating that. Also would kick me back a few grand on the loan. Very tempting, but again... that 5%, and no other options for it.

There's always "drive more". You do have FUN in the Stinger, am I right about that?

 

[powermatt]

There's always "drive more". You do have FUN in the Stinger, am I right about that?

It's not the same as my Miata (nothing is really), but for under $40k I genuinely can't think of anything else I'd rather own. The balance it strikes is not matched by anything else I've been in (and I've been in a lot over the past couple years). Driving it to CarMax today (it's been sitting for three weeks) did a lot to remind me of why I actually probably should hang on to it. It's just a genuine pleasure to drive at all times. I could never say the same about the Golf R I owned for a year.

Meanwhile I had a look at a Mazda3 in manual, shopping for a buddy of mine (I'm the go-to for car buying advice in my circle). Used 2020 with 10k miles here in NoVA, $27k. About 60 miles out, brand new 2021 asking $27,800. What the hell even is the used market right now?

 

[WRXtoStingerGT]

Just reading through (more so glancing) this thread. It would not be a good idea to sell the Stinger (even for a nice profit) if one is looking at buying another vehicle to replace it? What if that vehicle is new? Hypothetically let's say I would want to sell my 2020 Stinger GT to Carvanna, Vroom, or heck even CarFax for a profit... then take that profit and pick up a new 2020/2021 Accord sitting on the lot. The Accord (even well equipped) is going to be significantly less than what I get for selling the Stinger.

 

[MerlintheMad]

Just reading through (more so glancing) this thread. It would not be a good idea to sell the Stinger (even for a nice profit) if one is looking at buying another vehicle to replace it? What if that vehicle is new? Hypothetically let's say I would want to sell my 2020 Stinger GT to Carvanna, Vroom, or heck even CarFax for a profit... then take that profit and pick up a new 2020/2021 Accord sitting on the lot. The Accord (even well equipped) is going to be significantly less than what I get for selling the Stinger.

Sure. And you could get a battery-powered unicycle: think of the money you'd have left over.

 

[WRXtoStingerGT]

Sure. And you could get a battery-powered unicycle: think of the money you'd have left over.

Haha!

 

[ecko04]

After thinking of selling for a few weeks, I'm going to proceed with selling to Vroom, despite their fairly negative reviews (at least in terms of buying cars from them). Their offer for my '20 GT is $38,900! Carvana was at $35,232. Paid $35,000 for the car in August '20.

I’m in VA. I’ve sold two vehicles to Vroom in the past and the experience has been pleasing. I’ve also had cars delivered by flatbed to my house so I’m a bit accustomed to the changing schedules which may pushback delivery and pickup.

 

[ecko04]

Everyone is right if we’re talking about traditional buying through dealerships. The market is wild. However, I’m considering selling mine and picking up a Model Y. There’s no issue with markup on those. Whether I buy it today or 6 months from now, the price will be the price. I might as well strike while the iron is hot.

 

[powermatt]

Just reading through (more so glancing) this thread. It would not be a good idea to sell the Stinger (even for a nice profit) if one is looking at buying another vehicle to replace it? What if that vehicle is new? Hypothetically let's say I would want to sell my 2020 Stinger GT to Carvanna, Vroom, or heck even CarFax for a profit... then take that profit and pick up a new 2020/2021 Accord sitting on the lot. The Accord (even well equipped) is going to be significantly less than what I get for selling the Stinger.

Buying used right now is equally a bad idea next to buying new. Either way you're going lose a bunch of value when the bubble eventually pops. I suppose at least if you buy new at or below MSRP, it's just same amount of depreciation as usual.

 

[WRXtoStingerGT]

Buying used right now is equally a bad idea next to buying new. Either way you're going lose a bunch of value when the bubble eventually pops. I suppose at least if you buy new at or below MSRP, it's just same amount of depreciation as usual.

Well my original goal/plan with the Stinger when I picked it up back in February 2020 was to keep it for at least a decade. That's why I spent so much of my savings on a new car. I got it for about $10k under MSRP out the door final price. My idea is to buy a new 2021/2022 car that I can get for a great deal under MSRP and keep for ten years. If I sell my Stinger for a profit due to the bubble then get another fantastic deal on a new car I should be in the green. I'm just thinking out loud to be honest.