Last post on Jun 01, 2013 at 7:35 AM
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Car Leasing, Car Financing
#842 of 898 Re: Carmax is NUTS [explorerx4]
Apr 25, 2011 (3:51 pm)
That Ford dealer expected you to buy a vehicle from them. Carmax or an Autotrader buying center will simply write a check for its fair market value without you buying a vehicle.
#843 of 898 Re: Carmax is NUTS [spunkyblond]
Apr 25, 2011 (4:40 pm)
Sorry, I don't mean to upset you. I sure am not angry.
Just backing the OP from my own experience in a similar situation.
You did not write about Carmax and traditional dealers were the same except their business 'model' or 'philosophy' in your first post.
Are you saying an Autotrader appraisal is not free?
We all know a Carmax appraisal is.
Kind of confused, although I am a rational person.
#844 of 898 Re: Carmax is NUTS [spunkyblond]
Apr 25, 2011 (4:53 pm)
Not upset here. As I said in my last post, second line, fourth word, autotrader evaluations are "free".
It may make more sense to know I am a former sales manager and former buyer who worked at Carmax for ten years. I parted on good terms; however, I'm neither a friend nor foe or Carmax. Just someone who finds this interesting and nothing better to do when I'm bored than to respond.
#845 of 898 Re: Carmax is NUTS [spunkyblond]
Apr 26, 2011 (3:20 pm)
Next time I am ready to think about selling my car, I will try the Autotrader route.
I started the process one time, but didn't complete it because I realized I wasn't ready to sell, yet (what would I do if I really got a reasonable offer?).
#846 of 898 Re: Carmax is NUTS [explorerx4]
Apr 26, 2011 (4:05 pm)
Simply answer all the questions and based on your zip code, it will give u a list of buying centers. They will appraise your car and will honor your offer should there be no issues w/ your car. It's easier than selling on your own and tends to be a more fair offer than carmax. Good luck!
#847 of 898 Re: Carmax is NUTS [megamark]
Apr 29, 2011 (5:39 am)
The two that I sold them were marked up $3.5-4.5k each and prices dropped the longer they set on the lot. Neither of them needed any work before they were ready to sell. I was happy with the deal if Carmax was, and whoever purchased them got good cars but paid too much for them
If the car is a hot seller I can't see any reason that carmax would not make you a fair offer to get yours on to the lot. I think someone just made a mistake somewhere in the appraisal process of this one car. Since all the canters are tied together via computer, you can't stop in for a NEW appraisal at 2nd location - they will just pull the original. Ditto waiting and going back later.
#848 of 898 Re: Carmax is NUTS [spunkyblond]
May 01, 2011 (8:40 pm)
Without sounding totally rude, but you are not going to sell me on the fact that carmax spends 10 hours on every single vehicle they take in trade.
Look under my car and you saw nothing. Nothing even remotely wet, not even a small leak anywhere. It took the shop all of 1 hour to inspect my car and and come back that it was absolutely perfect.
10 hours is what it would take to rip an engine out and replace it. Not to mention if they spent 10 hours on every vehicle, then why was the CTS I was looking at shuddering and a serious clacking noise going on when it was started up for me.
Im not a stupid person. No way in hell they would of tried to sell this car for less than 20-22 K, and thats me be very generous. I already stated I found a Fusion Sport with 50K miles for 22k at carmax already, without Moon and Tune package and without AWD. Lets say the 14k difference in miles in my car and this one dropped the price to a gaudy 18k on their lot, thats still a 6k profit to be made. There was zero reconditioning of my vehicle that needed to occur. I absolutely know without a doubt when they appraised my car they realized this. I detailed my car completely before I went in there and my car runs perfectly.
Carmax merely preys on the uneducated to stay in business.
#849 of 898 Re: Carmax [maccabee]
May 05, 2011 (8:46 pm)
Almost four years later...I have a solid background in sales. However, I thought that I might have an advantage because I have not sold cars, and so I would be a good Stepford Employee for Carmax. I was called in after applying on the Internet. I did the same testing. I had one interview, and I was asked the same generic questions that seem to be cliches now days such as "What have you done to go out of your way at a job?"
I only saw one employee who looked to be over forty five or so. I am going by what I saw. I was not called back, and I received the same form letter...which obviously was written by risk management.
I am going to keep looking for other people who have the same notion. I have no doubt that my age was a factor. No doubt.
#850 of 898 Re: Carmax [andeet]
May 05, 2011 (8:49 pm)
How did this turn out?