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Carmax - What's Your Experience?

762 messages,  Last post on Nov 14, 2009 at 11:37 AM

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What is this discussion about? Car Leasing, Car Financing


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#703 of 762
The transport by anonymousposts
Jan 20, 2009 (4:12 pm)
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time will depend largely on how quickly they can get a carrier to pick the car up. I would assume they are dependent on a vendor to do this for them. My guess would be it's closer to a week.
#704 of 762
by tfields1
Jan 26, 2009 (7:32 am)
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This picked up the car on thursday (the 22nd). And Today is Monday the 26hth. I am really praying it gets here today, because until it gets here I am car-less. Anybody know about how long it may take if it go on the truck Thursday?
#705 of 762
Re: [tfields1] by Thul17
Feb 14, 2009 (12:45 am)
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Replying to: tfields1 (Jan 26, 2009 7:32 am)

Did you get it yet????
#706 of 762
If I've been in 2 fender benders, will CarMax buy my car? by amfrench
Feb 16, 2009 (8:53 am)
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I've got a 2004 Camry Solara w/44k miles, and it's been in 2 minor fender benders. No frame damage. It has 2 other dents from self-inflicted parking mishaps, but nothing serious and the paint wasn't scratched. All in all it's an excellent car, drives very well, no other problems. Would CarMax still consider buying my car? Especially now in this !#!!! economy?
#707 of 762
Re: If I've been in 2 fender benders, will CarMax buy my car? [amfrench] by Thul17
Feb 17, 2009 (3:47 am)
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Replying to: amfrench (Feb 16, 2009 8:53 am)

They will buy anything for certain amount. They will "Low Ball." Back in '06, I sold them '95 Ford Probe with a dent on the passenger side, engine sludged engine, crap transmission, 130+k miles. Sold it for $250.00 LOL
 
Like I posted back in Fall of '08. They wanted to buy my '07 Scion tC for $5,000. Before I walked in there; I looked through "Blue Book" and saw the value is $7,700-ish.
 
My advice to you about this....If this Toyota is extra car and you need cash. I'll say try. But if you're just wanting to up size or down size, think about it. You can always get appraisal; they don't charge.
#708 of 762
CarMax experience by mitchflorida
Apr 09, 2009 (5:48 pm)
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I had never gone there before, but heard that Carmax is generous with trade-in values. I found that not to be the case.
  
I have 1999 Honda Accord V6 Coupe EX , in very good condition and low miles. CarMax is selling the exact same car with higher miles for $10,000. And they don't negotiate the price. They really charge a lot for Accord Coupes with low miles. They had two other Accords like that and were charging $9500 to $10,500. Mine is fire engine red, so it will be worth more I think . I just had it repainted and all the small dents and dings removed.
  
The guy offered me with a straight face only $3500. What a joke.
  
I am pretty sure I can sell this private party for $6500, if not more. This model really keeps its value. What do you guys think?
#709 of 762
Re: CarMax experience [mitchflorida] by jipster
Apr 10, 2009 (4:17 am)
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Replying to: mitchflorida (Apr 09, 2009 5:48 pm)

Always better to private sell an older car as opposed to a trade in, or sell to a Carmax. Carmax usually has pretty high standards on car they put on their lot. The dealership could have been scared off by your paint job,.. some will think you are trying to cover up a wreck. It also could be that they had several other Accords on their lot and really didn't need any more, hence the low offer. I haven't looked at the numbers, but $6,500 seems a bit high for a 1999.
#710 of 762
Carmax Experience by mitchflorida
Apr 10, 2009 (5:39 am)
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$6500 is the private party price for this particular model. They should be ashamed of offering $3500 for a car they are selling for $10,000. They did not have this model on their lot, it was located in a different state.
 
How are the Buyers at CarMax paid? I am guessing he would probably make about 25 percent of the profit on the used car?
 
The buyer said he wouldn't put the car on the CarMax front line . . he didn't say he wouldn't be keeping the car. Who would expect them to put a 10 year old car on the front line? They also have a 1998 Coupe for sale. that is the oldest car that Carmax will sell.
#711 of 762
Re: Carmax Experience [mitchflorida] by jwilliams2
Apr 10, 2009 (8:35 am)
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Replying to: mitchflorida (Apr 10, 2009 5:39 am)

Wholesale price on this car is between $3500-5000, depending on miles and condition. I would guess having been painted, yours would be at the lower end. And they probably would not sell it on their lot with the repaint (which diminishes the resale value considerably). My advice is to sell it yourself.
#712 of 762
Its ALIVE.....(this thread) by Thul17
Apr 11, 2009 (11:02 pm)
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Apparently, this whole "Buy a new car & get free sales tax" tax break probably will put Carmax back on track. I drove by the one near me and saw several cars went on test drives. I heard this break only effects on used cars? But I thought I heard Obama stating it was for both "New & Used?"
 
I'll probably wait for that Scion iQ... I know its "concept" but there's so many Toyota employees who happened to be Scion owners also. They visit the same sites as Scion owners and they claim its gonna to be released as a model for 2010. Also, stated they are not going to have that same $20k sticker tag as the Smarts.
 
Its so cool...If xD and Yaris were mated together; the offspring would be the iQ. LOL
 
My carmax S.C. better not talk me out of it or I'm gonna see another salesperson from another dealership. I wouldn't feel right letting Carmax service it if I didn't buy from them. I know they will give me crap everytime I was there... LMAO

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