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Old 03-24-2020, 12:07 AM   #1
clyde
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Originally Posted by lemming View Post
Pull the trigger.

Like you said. Get to the other side of this. Clean and flexible.
So...

The $17319 offer was based on a different zip code and not attached to a Carvana account (I'd been playing with some details to see what impacts they may have on the offers). When I tried to save it to an freshly made account, I also tried updating the zip code. And that forced a reappraisal.

The offer dropped to $12,9xx.

I tried running it through again and it went up to $13,741 and, to see what would happen, clicked "save this offer."

Dumb.

I couldn't delete or remove the offer from my account and it seemed like I'd be tied to it since the VIN was attached. I started reloading URLs with tokens from my browser history, clicking stuff, and eventually seemed to save an offer from earlier today for $17015.

Phew?

One of the docs that has to be uploaded is a payoff quote if there's a note. My loan is through Citizens One (Citizens Bank). Their online info is deficient to say the least (har, har). To get a payoff quote, one needs to call, go through an automated menu and then request one be sent to you via fax. Because it's not 2020 Cornoavirus crazytime, it's late 1999 Y2K crazytime? But I get it sorted and upload my docs.

They say it takes 1-2 business days for them to verify things after which, they'll contact me and I can schedule a pick up time.

I also remembered after I did all this that I will probably lose my tags since I won't be trading in. Maryland allows easy transfer of tags from a vehicle you sell to a vehicle acquired at the same time. My memory is hazy, but my recollection is that they make it difficult to impossible to transfer from a vehicle you sell to a vehicle you already own. Branch offices are closed for C19 now, but I think the main office is functioning, so I plan to try calling.

Next up...let's see if I can quickly find a dirt cheap running Mustang that I can cheaply tag to give the TEAMWTF tags a place to go, use the Mustang ownership for a $3500 conquest rebate on a new Camaro 30 or more days later, and finally trade it in to get rid of it and make it easy to transfer the tags to the new Camaro.

Edit - I'm also curious about whether the MD non-essential business shutdown will kill the deal.
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Old 03-24-2020, 06:52 AM   #2
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Quote:
Originally Posted by clyde View Post
So...

The $17319 offer was based on a different zip code and not attached to a Carvana account (I'd been playing with some details to see what impacts they may have on the offers). When I tried to save it to an freshly made account, I also tried updating the zip code. And that forced a reappraisal.

The offer dropped to $12,9xx.

I tried running it through again and it went up to $13,741 and, to see what would happen, clicked "save this offer."

Dumb.

I couldn't delete or remove the offer from my account and it seemed like I'd be tied to it since the VIN was attached. I started reloading URLs with tokens from my browser history, clicking stuff, and eventually seemed to save an offer from earlier today for $17015.

Phew?

One of the docs that has to be uploaded is a payoff quote if there's a note. My loan is through Citizens One (Citizens Bank). Their online info is deficient to say the least (har, har). To get a payoff quote, one needs to call, go through an automated menu and then request one be sent to you via fax. Because it's not 2020 Cornoavirus crazytime, it's late 1999 Y2K crazytime? But I get it sorted and upload my docs.

They say it takes 1-2 business days for them to verify things after which, they'll contact me and I can schedule a pick up time.

I also remembered after I did all this that I will probably lose my tags since I won't be trading in. Maryland allows easy transfer of tags from a vehicle you sell to a vehicle acquired at the same time. My memory is hazy, but my recollection is that they make it difficult to impossible to transfer from a vehicle you sell to a vehicle you already own. Branch offices are closed for C19 now, but I think the main office is functioning, so I plan to try calling.

Next up...let's see if I can quickly find a dirt cheap running Mustang that I can cheaply tag to give the TEAMWTF tags a place to go, use the Mustang ownership for a $3500 conquest rebate on a new Camaro 30 or more days later, and finally trade it in to get rid of it and make it easy to transfer the tags to the new Camaro.

Edit - I'm also curious about whether the MD non-essential business shutdown will kill the deal.
I should have posted earlier, but my buddy tried to Carvana his boxster on Friday of last week. Had the offer accepted, all the paperwork done and then found out that (in PA at least) they were barred from doing transactions due to being non-essential. His offer was put on hold and I believe was said to be valid up to the point they are allowed to pick it up.

Did you confirm they are able to come and get it?
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Old 03-26-2020, 08:53 PM   #3
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In the coming months, this might be more common:


https://www.swapalease.com/mobile/le...?salid=1323712
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Old 03-27-2020, 11:50 AM   #4
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Another option that I foresee: GM will unleash Friends and Family discounting which could better any other discounts—

So that’s a backup plan if the Mustang conquest thing falls through.

They have weird rules about which discounts you can combine.
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Old 03-28-2020, 12:25 PM   #5
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Just a few potential gotchas:
  • Maryland MVA branch offices and the "Customer Service Center" are closed, so, not sure how long it might take to get a title in my name or waht the "date issued" will be.
  • If MVA is open behind the scenes and processing titles, I'm not sure how I get them to process mine. Guess I'll be calling a tag & title shop in the morning.
Answers to these questions: MVA is operating slowly on non-customer facing operations. They are processing title work submitted by dealers and tag & title companies. The title company I spoke with says MVA seems to be moving slower than normal, but they are getting work done.

Wrench in my plans and a learned lesson in late night quarantine quickie transactions. I forgot to ask beforehand or check at the time if the title had a lien and, if so, a lien release document.

My friend never titled it. The title he had was signed by the original owner, but has lien info on it and he did not have (and never got) the Security Interest Filing document releasing the lien. Original owner (also a friend) is currently looking for it. If he can't find it, he can get a special letter from his lender or a duplicate title from MD and sign that over to me.

So, I'm delayed a bit, but not sure how much yet.

Quote:
Originally Posted by lemming View Post
Another option that I foresee: GM will unleash Friends and Family discounting which could better any other discounts—

So that’s a backup plan if the Mustang conquest thing falls through.

They have weird rules about which discounts you can combine.
Friends and family pricing wasn't that great in January and February. I have access to it, but I could do better on my own. Even employee pricing wasn't terrific. Depending on the circumstances, I could have access to it.

Looks like they aren't offering 0% on Camaros now. I know it wasn't part of the original announcement, but could have sworn I saw them applying it to the Camaro a couple days later. It was not stackable with the Mustang conquest rebate, but it was there.

Until I resolve the Mustang title, it doesn't really matter.
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Old 03-28-2020, 12:53 PM   #6
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What’s the deal on the mustang track car? Curious about that.

To get the rebate do you have to trade the car in?
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Old 03-28-2020, 01:59 PM   #7
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What’s the deal on the mustang track car? Curious about that.

To get the rebate do you have to trade the car in?
Second question first, no. Trade/sale not required unless it's an employee purchase program deal. I still haven't seen the fine print, but the big print reads:
Offer applies to customers who currently own or lease a Ford Mustang. Competitive owners are not required to trade in their qualifying vehicle unless the vehicle is being delivered under the GM employee purchase program. Offer is available on finance deals only. Customer must have owned/leased the Ford Mustang for a minimum of 30 days prior to the sale of the new vehicle. For deliveries under those programs, the customer must have a competitive lease with a scheduled end date withing 365 days of the delivery date of the new vehicle. This offer can be transferred to individuals residing in the same household.
The Mustang story...

Friend 1 bought a lightly used 2005 Mustang in 2005 (I was mistaken about him being the original owner). Friend 1 sold/gave the car and a signed title to Friend 2 in 2015. Friend 2 never did anything with the title because it was never going to be used on the street.

By the time Friend 2 got it, it was already halfway gutted for CP and I don't think it had been driven on the street in the previous two years. When Friend 2 got it, he immediately got to work on it, but changed directions from CP autocross to track only.

Because of how liens are recorded and released in MD, it's just some extra paperwork. The lienholder should have sent Friend 1 a document when the loan was paid off and Friend 1 should have given that document to Friend 2 with the title, but did not. To title it in my name, I need 1) that document, 2) a signed letter from the lienholder to Friend 1 on company letterhead saying the lien was satisfied, or 3) Friend 1 to get a duplicate title from MVA without the lien info.

He just texted that he doesn't know where the document is or if he still has it. Option 2 is a phone call or online request. Option 3 would require him to leave the house and interact with people (at a tag & title company since MVA is closed to the public). So, we're going with Option 2. (I'm not asking anyone to go outside for this and if he offered, I'd ask him not to.)

This gambit has some risks:
  • Will the title be enough?
  • Does the Mustang actually have to tagged?
  • Will events conspire to force a purchase before the 30 day clock expires?
  • Will events lead me to purchase a car where the rebate will not apply?
  • Will the conquest rebate be active when I buy

At worst, I think I'd be out about $200. For a potential $3k savings, I'm good with that.
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Old 03-28-2020, 02:28 PM   #8
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But what are you going to do with the Mustang?
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Old 03-28-2020, 02:36 PM   #9
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But what are you going to do with the Mustang?
It seemed quite happy in Friend 2's garage.
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Old 03-29-2020, 07:20 PM   #10
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It seemed quite happy in Friend 2's garage.

My god. I hope this gambit works.
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