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    Neighborhood Credit Union

    2.3 (4 reviews)
    Closed 9:00 am - 5:00 pm
    Updated 2 months ago

    Services - Neighborhood Credit Union

    Auto loan

    Mortgage services

    Personal banking

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    7 years ago

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    4 years ago

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    7 years ago

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    7 years ago

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    Ask the Community - Neighborhood Credit Union

    Carvana Dallas

    Carvana Dallas

    3.2
    (345 reviews)

    This was the easiest transaction! I was very satisfied with my offer and how easy everything was…read more I chose to go to the dealership and I was in and out in 7 minutes!

    I'm writing this as a warning to anyone considering Carvana with a trade-in that has negative…read moreequity. I purchased a vehicle from Carvana and financed through my own lender (USAA). I traded in a vehicle that was upside down, with the negative equity rolled into the transaction -- which I fully understood and accepted at the time of purchase. However, shortly after delivery, the vehicle exhibited a material mechanical defect that was not disclosed. I immediately notified Carvana and requested a return within their return window, which Carvana agreed to. Here is where the process completely broke down: Although the vehicle was returned, Carvana had already paid off my prior lender as part of the trade-in. Carvana is now attempting to leave me responsible for approximately $8,000 in unsecured negative equity for a vehicle I no longer own -- despite the return being caused by an undisclosed defect. Front-line representatives repeatedly fell back on "as-is" language, despite Carvana advertising a return policy and limited warranty that clearly contemplate defects. Requests for a full financial unwind and executive-level review were met with resistance and circular arguments, even after escalation. To be clear: I am not disputing that negative equity existed. I am disputing being left with unsecured debt after a transaction that was rescinded due to a vehicle not as described. Carvana's return process is marketed as simple and consumer-friendly, but that promise does not hold up when a trade-in with negative equity is involved. Customers are not adequately warned that returning a defective vehicle can still leave them with thousands of dollars of debt and no car. I am currently awaiting executive resolution. Until this is resolved, I cannot recommend Carvana to anyone trading in a vehicle with an existing loan.

    Neighborhood Credit Union - banks - Updated July 2026

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