We just sold our 4,000th car on the Carmigo marketplace.
The thing we’re proudest of is having this achievement come after months of industry-wide slowdowns and price drops.
Here’s what our CEO and co-founder, Andrew Warmath said:
“Last year was an exciting ride, seeing the used car market...
Hello everyone! We want to get to know the people of this forum better. Here are some icebreakers to start a few conversations!
What’s your favorite sports team (or thing you follow like a sports team)?
If you had to recommend one tv show or movie, what would it be?
You’re on a desert island...
Down But Not Out
The average national gas price was $3.50 on January 27, up more than ten cents over the prior week and forty cents over the end of December.
Steadily decreasing gas prices this fall boosted some segments of the used car market.
We’ve seen a great deal of rising demand for...
If you bought an EV or plugin hybrid in 2022, you are likely eligible for up to $7,500 in tax credits. We say likely because there are a few stipulations based on your income and the make/model.
This tax credit is also good for 2023, meaning it’s not too late to reap the tax benefits of an EV...
The EV Tax Credit is Real (We got a plugin hybrid minivan last year). If you've been thinking about making the switch to and EV and cashing in on that tax credit, here is how it works.
There are three broad qualifications for the EV Tax Credit:
1. You must make less than $150,000 per year if...
Rising Used Car Prices Are Nice for Sellers, But Not Here to Stay
The Manheim Used Car Index has increased for two consecutive months for the first time since Winter 2021.
It’s a Christmas Miracle if you’re trying to sell a car.
Used car price drops have been hard on sellers this year...
Gas prices have been reliably falling month over month since this summer’s record highs. Last week, 22 states had an average gas price under $3.00. Texas led the way with an average gas price of $2.70.
Demand Is Still Lower than Last Year
Current gas demand in the US is still 300,000 barrels...
Look, New Year's Resolutions are pretty divisive. Some people live for them. Some people hate them. And some people use them as an excuse to put off trying again for a whole new year.
As for us, we think every day can be a fresh start.
What about y'all? Got any goals? Any resolutions? Any...
A small increase in used car prices may indicate stability.
For the first time this summer, the Manheim Used Vehicle Index saw a slight uptick. We also saw the number of used vehicles sold go up since October.
That doesn’t mean used car prices are about to go back up. But hopefully, we’ll see...
It's the weekend before Christmas, so you don't have much longer to get your Christmas list in.
Sure, you're a grown-up, and it's silly to wish for things.
But wishing won't make it less likely you get new wheels.
And that bed cover isn't going to order itself.
So what is it? What's the one...
Got a brand new F150 with all the bells and whistles? Very cool.
Got an old F150 that's seen every phase of your life? Beautiful.
What about one that you've actually taken out around the farm like in the commercials? Love to see it.
We love seeing all the F150s on the form. Post a picture of...
Save $350 This Black Friday Weekend
No Sell Fee When You Complete Your Profile before Nov. 28
To get in the holiday spirit, we’re helping everyone sell their car for free this weekend (but only if you complete your profile between now and Sunday).
You don’t even have to sell this weekend to...
In October, F150s on the Carmigo marketplace sold for 20% more than what Vroom and Carvana offered, which comes out to thousands of extra dollars on nearly every F150 we sold last month.
For instance, a 2018 F150 with 81,523 miles sold on the Carmigo marketplace for about $4,000 more than...
Here’s a step-by-step guide to the Carmigo process in case you’re thinking about selling your car:
What You Do:
Go to this page to start building your car’s profile.
You’ll be taken to a web application that will help you take 13 pictures of your car.
Answer a few questions about your car’s...
Hey, y’all, we’re Carmigo, and we’re pumped to be here.
Since we’re a used-car marketplace, we keep up with car market trends and have a lot of dealership vets on the team. If you have questions about market trends or buying/selling your vehicle (on Carmigo or anywhere else), hit us up. We’d...