Carvana's new Value Tracker tool proves old selling advice: Shop around
is worth $7,603, TrueCar said $10,423. KBB said trade-in value fell between $12,650 and $14,799, private-party sellers should look for between $13,620 and $15,939. Meanwhile, on Carvana's sales site, a 2015 Honda Civic EX-L with 62,995 miles costs $18,990, a 2013 Civic EX-L with 91,662 miles wants $16,990.
We tried the Escape in the value tool on Carvana's main page that the site's had as long as we can remember, the one that lets car shoppers get a value for either selling a car outright or trading a car in to Carvana. The Escape came back with the same $8,720 value for selling and for trading in. We've asked Carvana if the new Value Tracker is different than the existing Sell/Trade In tool, we'll update the post if we get a response.
Of note, when we entered the Escape's mileage incorrectly as 10,625, Carvana's tool said that figure was lower than the site's last recorded mileage for the same VIN, making it clear Carvana's building a database of used vehicles . We did the same at KBB and TrueCar, entering the Escape VIN we'd just had valued but with much lower mileage, neither site mentioned it.
So Carvana came back with the highest Escape valuation and the lowest Civic valuation. In both cases, though, sellers would be sacrificing thousands by taking the Carvana offer when compared to what Carvana and other dealers want for the same or similar cars. As the old Yellow Pages ads used to say, let your fingers do the walking ... on the keyboard, to a range of valuation sites.
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