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Carmigo Cars Sold for $2,500 More compared with Carvana and Vroom in October

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carmigo

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We help sellers get multiple offer for their car in as little as one business day.
In October, cars on the Carmigo marketplace sold for about 30% more than what Vroom and Carvana offered, which comes out to thousands of extra dollars on nearly every car we sold last month.

In fact it’s about $2,500 on average more than the Vroom and Carvana were willing to offer.

But that’s not a universal guarantee, it’s just the overall average. We certainly had a few in October that could have gone for more. But of all the October sales we have data for (from Carmigo, Vroom, and Carvana), only three had higher offers from both Vroom and Carvana. And only nine had a higher average offer between the two.

Here’s the catch: The market is not going up right now. It’s still higher than its been in years, but compared with this summer's record-breaking prices it feels low.

So if you’re thinking about selling, just know prices are going to fall for a while (though that’s good news if you’re buying).

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Here’s why we think our prices are consistently higher: We have a whole network of buyers. Wholesale buyers all over the nation use Carmigo to keep their dealerships stocked with quality used cars. With the Carmigo marketplace, they don’t have to spend their days inspecting trade-ins. They can shop for exactly what they need from their phone.

Trade-in and online dealership offers usually only consider the needs of one dealership. The local Jeep/Chrysler dealership, just like Carmax, is only buying cars based on their individual needs.

By adding more buyers to the mix, Carmigo is expanding the set of needs.
If you need to sell your car as the market is on its way down, Carmigo can get you multiple offers fast.

Plus, there’s no obligation. If you can’t get what you want on Carmigo, take it to Carvana, Vroom, or Jerry's Jeep/Chrysler of Charlotte. And in a falling market, can mean a lot, so you might as well try

A couple of notes: (1) This is a limited data set (a handful of cars we’ve recently sold that we could also get Vroom and Carvana data for). (2) We’re the ones who put the data together (and we’re a little biased), so take it with a grain of salt.
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Mister Lamb

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That last paragraph is hilariously honest. I'll be sure to give you guys a shot next go-around.. Trying to convince my wife to sell her 2018 Jeep CompASS
 
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