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Selling Car Through Carvana


godfather03

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7 minutes ago, godfather03 said:

Trade-In ki selling ki difference check chesthunte endo doubt ochhi adigina, anthe...

Vaadi location ki velli drop-off chesthe free...mana initiki ochhi pick chesukunte 90 dollars anta...

it was free pickup for us

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13 minutes ago, godfather03 said:

Trade-In ki selling ki difference check chesthunte endo doubt ochhi adigina, anthe...

Vaadi location ki velli drop-off chesthe free...mana initiki ochhi pick chesukunte 90 dollars anta...

trade in lo you are saving on taxes for your new car ankul. anthe theda

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16 minutes ago, lollilolli2020 said:

trade in lo you are saving on taxes for your new car ankul. anthe theda

Yes sir - Adi kuda chusina...Kani dealership vaadu takkuva isthunnadu...

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3 hours ago, godfather03 said:

Folks,

 

Did anybody sell car through Carvana? How smooth is the process?

 

Thanks in Advance

Carmax is better, Carmax paid 1000 more when compared to carvana estimate

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3 minutes ago, godfather03 said:

Yes sir - Adi kuda chusina...Kani dealership vaadu takkuva isthunnadu...

whatever makes reasonable for you uncle carmax lo ochche price vs dealer icchi price +tax saving chusukoni edi better oo proceed ayipo. 

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Just now, lollilolli2020 said:

whatever makes reasonable for you uncle carmax lo ochche price vs dealer icchi price +tax saving chusukoni edi better oo proceed ayipo. 

Carmax kante Carvana vaadu koddiga $800 ekkuva isthunnadu...

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2 hours ago, shaktimaan said:

I recently sold to CarMax and it was 2.5k higher than carvana. Their quote is good for one week and they really don’t care if you have small dents or scratches

if there’s no difference in quotes from multiple sources, make sure you sell to the one if you’re planning to buy another car from so you save tax on the new purchase 

How we save tax uncle?

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24 minutes ago, lollilolli2020 said:

trade in lo you are saving on taxes for your new car ankul. anthe theda

Ante sales tax after trade in price meeda calculate chestara ? Not on original price?

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53 minutes ago, pandugadu999 said:

How we save tax uncle?

you trade in old car for 20k

and buy new/used at the same place for 30k, you’ll only pay tax for 10k

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1 minute ago, pandugadu999 said:

Ante sales tax after trade in price meeda calculate chestara ? Not on original price?

50000(car value)-10000 (trade in value)=40000 value+ tax 

 

if selling to a third party

[50000 (car value)+tax] - 10000(old car value)

Trading in your old car valued at $10,000 when purchasing a new $50,000 car saves you $1,300 in sales tax, assuming a 13% sales tax rate. Without the trade-in, you'd pay $6,500 in taxes; with it, you'd pay $5,200.

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