Reddit carmax selling.

I was selling a 2011 Honda Accord LX with a little under 27,000 miles on it. Carmax offered me $9000, and Carvana offered me $10,300. I thought that Carvana might lower their offer or something, when they saw some scratches, on a mirror, and on the side of the car.A: While selling your car privately is an option, for some it simply isn't worth the stress. On sites like Craigslist or Facebook Marketplace you may potentially get more money for the car, but dealing with strangers, organizing appointments, and taking time out of your day can be a real hassle. Many of our customers come to CarMax for an ...On the flip side, it also means CarMax has more overhead than Carvana, which could translate into higher prices. Advertisement. The process for selling a car is also different. If Carvana wants your vehicle, they will make you an offer online then come to you to inspect the vehicle. If your car passes, they will cut you a check.You seem to be similarly pressed for time, and I think that you'll have an easier time selling it to Carmax. Alternatively, you could list it high on Craigslist and if no one bites drop the car off at Carmax the day before you leave. The last car I sold to Carmax was valued at $18k and I got $16,200 to give you an idea of what you'll get.None of the online dealers, including CarMax, will sell an older vehicle on their lot. They may buy your car to resell it at a dealer auction, but for these vehicles, it usually makes better sense to cut out the middlemen and sell it yourself. 4. You’re Selling a Newer Vehicle with Zero Mechanical Issues. The value proposition changes for 2010 and newer …

We sold them my truck on August 25, 2023. Since then, CarMax has issued the payoff check 3 times, each time with the wrong address! The customer relations team can’t listen to simple address instructions and they refuse to wire the money. now I am dealing with the bank coming after me for late fees and payment deferment fees.CarMax even makes offers on cars with minor mechanical damage. Before making an offer on your vehicle, CarMax will take an appraisal of it. The appraiser will assess your car’s basic functions, mechanical condition, and its exterior condition and then determine its value afterwards. Factors that weigh into the appraisal value include: The car ...

Wheelzy. Our Rating: 4.3 out of 5.0. GET AN OFFER. On Wheelzy’s Website. 321-340-6624. Or Call Wheelzy Directly. CarMax regularly gives sellers competitive prices when it buys older vehicles ...

View community ranking In the Top 10% of largest communities on Reddit. Selling to Carmax . I heard carmax generally gives better pricing than carvana for used vehicles, but you may have to make mutiple visits in person to them. ... One advantage of selling to Carmax is to avoid the buyer scams that happen. Even getting a cashier's check is ...At Carmax with an appointment, around 2 hours from my experience. They have to appraise it then give you an offer (about an hour). If you decide to sell it, then another hour. If they are busy, maybe 3 hours. If you have equity on the car, you'll get a check same day. 5.I sold my car to CarMax today and the process went smoothly. It took a couple hours, but overall I was impressed. It's a car I bought new in 2018 and due to covid has low miles. They appraised it on-site for an hour and have me the price they …Brought the old one to CarMax, it actually appraised at the current black book value (I had a friend in the industry check what they were selling for at auction, basically what would a dealer pay to put this on their lot - $3k to $3,500 if super clean - a tad higher than the big 3 sites). CarMax actually offered $3k, the dealership offered $1,700. A family member of mine was actually offered nearly $2k above what he owes so he’s definitely selling it. I commute by train now so I no longer need my car so now is the time to sell. Last year I also sold to carmax and they were within $500-600 of what I owed so I went through with it and it was a smooth process. 2.

If you don't have the funds available to pay for your vehicle outright, you have two ways to approach financing at CarMax. 1. Finance with CarMax. We work with several industry-leading finance sources—such as CarMax Auto Finance, Ally Financial, Capital One Auto Finance ®, Santander, and more.

A blanket statement like yes or no is ignoring a lot of variables. Carmax may have a car (all of which go through an inspection) that is superior to a CPO, while some CPO's may be better than a Carmax car. What you get with Carmax is an inspection that is not much different than a CPO, and freedom from the pricing games that happens at ...

Reviewed Oct. 6, 2023. I was cheated out of the money I mailed in $2201.49. I have never been late on my payment but only$1000.96 applied went to principal. My principal amount was $19,511.96 ...It allows them to buy or take wholesale trades (about 65% of what we took in when I was there) at market (auction) value and likely take the associated fees and expenses as profit. That adds up. They do well with finance. A healthy percentage of their financed deals are financed with Carmax Auto Finance.My new vehicle is due to arrive soon, so a couple of weeks ago, I did another online estimate on Carmax, and the value increased by $1600. After 7 days, I resubmitted and it went up another $400–for a total of $2000 more. I then took it down to Carmax, and had the offer verified.I've sold 2 cars to Carmax within the past couple years. 1998 Toyota 4Runner SR5, 197K miles, sold summer 2013 - got $2K for it 2010 Mazda 3 GT 5-door, 84K miles, …Carmax states my car has transmission problem that needs to be serviced.. Been riding my car since early 2020. 52k mileage, never had any major issues. I regularly have changed engine oil, wash with hands, and detailing. Decided to sell my car with online appraisal from Carmax, and they cut 1/3 of appraisal saying there is an issue with ...If you're trading or selling to CarMax, you must take your vehicle to a CarMax store. This review looks first at CarMax financing options, and then at buying or …So far, the Autonation quote ($12,850) is the highest. Carvana is offering $12,730 and CarMax is offering $12,500. I was really hoping to be closer to $13,500, but it is what it is I guess. I've been trying to figure out how the process with Carvana and Autonation work and was troubled to learn that both don't actually pay you until a week ...

It allows them to buy or take wholesale trades (about 65% of what we took in when I was there) at market (auction) value and likely take the associated fees and expenses as profit. That adds up. They do well with finance. A healthy percentage of their financed deals are financed with Carmax Auto Finance. Does CarMax Buy Cars Step #1: Get A Quote Online On CarMax. CarMax can conveniently let you use its website to get a quote on your car. This can be done easily within minutes, from the comfort of your own home. All you need is your car’s license plate or VIN number, along with your state and zip code.Carmax will give you a lower price than a private party would. Usually the biggest problem with a private party sale is having to handle the loan payoff on a financed car. If you can pay off the loan, then I'd suggest selling it privately, if you are concerned about making the most money. But, you might not be.The estimated cost of repair at this point is about $9800.00, but to the best of my knowledge there was no frame damage and the airbags did not deploy (not sure why) as a result of the accident. As I don't really want to keep the car after it's repaired, and am thinking of selling it to CarMax. I ran an online quote but left out the accident ...View community ranking In the Top 10% of largest communities on Reddit. Can I trade or sell a car to Carmax if I have no title but I have a lien satisfaction letter . So carmax appraised my car. Turns out that when you refinance a car in a diffrent state that dmv supposedly sends the title. I moved from ...

After that, they’ll take your title, keys, and car. You’ll receive a bank draft for the amount. If it’s still financed, you’ll get the positive equity in the same fashion. The offer isn’t likely to last if you have it reappraised in a few weeks. No one knows for sure, of course but it’s likely we’ve already hit the apex of high ...

Are you looking for a great deal on a used car? CarMax in Roseville is the perfect place to find the best deals on used cars. With a wide selection of vehicles, competitive prices, and excellent customer service, CarMax is the perfect place...Took it to one of the truecar dealers and they came pretty close to the truecar estimate, which was slightly under the vroom. But figured doing it in person would be easier than the "online experience" of vroom. If you use truecar or kbb, just remember these are starting/estrimate values. Feel free to ask for more. 3.Here’s what you can do: buy out your lease & then that way you can be financing the car. Then you can take it to CarMax and sell there! Or you can see what CarMax would give you as an offer and take that to your local Honda and see if they can match the offerIt had 23 miles, and I paid $20,814.80, including accessories and an extended warranty. This December, a buzzy startup called Carvana drove away with my car, cutting me a check for $20,905 ...I want to get an offer from CarMax to see if it's worth the hassle of selling privately or not. It's been raining all week, so my car is a little dirty on the outside again. Does CarMax take that into consideration or is their offer based on their own pricing system?2 апр. 2023 г. ... More options. Toggle width Share this page Share this page. Share. Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email Share Link. Blog.Sold to CarMax! : r/cars by daloco1 Sold to CarMax! Hello my friends! Just figured I'd share my experience selling my car to CarMax... I had a 2005 BMW Z4 with 65,000 miles on it. It had some issues...

Negotiate the interest rate the dealer presents to you. This is the first area in a negotiation free car dealership that you can negotiate.For example you can negotiate at CarMax when you’re presented with an interest rate of 6% and you know you can qualify for something better. Don’t agree to 6%.

Go on a weekday afternoon and it’s usually in and out in 15-20 minutes. I have used them about 3 times now and every time the carmax quote has been better than the dealers first offer. Twice the dealer matched or got close enough that with the sales tax credit it was a wash. Once they just straight up said sell it to Carmax.

CarMax vs Tesla Trade-In. Seeing if anyone has advice on the trade-in topic. My Model 3 estimated delivery is in May of this year. Tesla has offered me $5,300 trade-in value for my car (I need to accept or reject in the next few weeks). CarMax offered me $5,500. My slight concern is that the the Tesla offer is an offer without them seeing the car.You are trading in a Honda Accord touring however when initiating your trade remotely you put information in that let carmax think your car was an accord LX. Then when verifying the information it is discovered that you indeed have a touring and thus the appraisal appears to go up but it is actually just a correction. Has anyone sold a car to Carmax in the past month or so? The used car values have gone up 15-30% due to the pandemic which is crazy. Long story short, I just bought a house. I've been thinking about selling my second vehicle(2020 Mazda MX5 Club with BBS/Brembo) to have a bit more cushion. Absolutely. Because of how good MaxCare (their extended warranty program) is, you could buy the cheapest car on their lot which undoubtedly would have over 100k miles and rest easy knowing that almost everything is covered under that extended warranty. It’s barely any extra per month also so it’s very worth it.My CarMax Experience. Found a great looking vehicle online located in the state below mine. Decent price, very low miles. Didn't want to wait for the vehicle to be shipped. I drove 2½ hours to check it out. Took my OBD reader with me because I'm a car guy. For those that don't know what an OBD reader is, it's a computer that plugs into your ... Should I Sell My Car to CarMax? CarMax has plenty of upsides for people looking to sell used vehicles, but there are a few drawbacks to the company as well. …READ REVIEW. Similar to Carmax, Wheelzy offers a no-hassle, stress-free, low-risk car selling experience. Compared to Carmax with a detailed appraisal process, Wheelzy’s condition assessment is straightforward. Carmax also requires you to visit their outlet for a car inspection and has high fees of around $100-400.Thanks for all the replies! This actually is kind of complicated and if we sold it private party the car would sell at about half it's value. I actually offered my company $3,500 for it to save them the hassle. The bonded title falls off next May and I can then sell it for close to $7,800 - $8,000. Reddit, you just made me over $4,000 in 6 months!Negotiate the interest rate the dealer presents to you. This is the first area in a negotiation free car dealership that you can negotiate.For example you can negotiate at CarMax when you’re presented with an interest rate of 6% and you know you can qualify for something better. Don’t agree to 6%.Vroom vs. Carvana: Selling only. I just want to share my experience with this because I’ll be honest, I was really rooting for Vroom until today. I initially went with Vroom because at the time they were offering me $1200 more on my 2018 Honda Civic EX-T than Carvana was. I had to wait until I had a replacement vehicle locked in and on hold ...Is carmax a good place to sell a car? I have a 2017 Mustang GT I've been trying to sell pretty passively but I'm ready to just get rid of it at carmax or somewhere that they will buy it. Does carmax actually offer reasonable rates or do they always low ball and give you a horrid price? Any suggestions in south florida?

Should I Sell My Car to CarMax? CarMax has plenty of upsides for people looking to sell used vehicles, but there are a few drawbacks to the company as well. CarMax Sell My Car ProsWhen it comes to gross profit per unit, on average, CarMax raked in $2,147 per vehicle. Lithia Motors wasn’t far behind at $2,038 while other dealer groups such as Asbury, Penske, AutoNation and ...In Wednesday's Analysts' Actions, TheStreet highlights an upbeat note on CarMax (KMX) along with a couple of downgrades on Harley-Davidson (HOG) and Tesla Motors (TSLA) by Wall Street firms....KMX In Wednesday's Analysts' Actions, T...1 сент. 2021 г. ... We compare price offers for our example car, a staffer's three-year-old Subaru, from Carvana, Vroom, CarMax, KBB, and the local dealership, ...Instagram:https://instagram. nanny part time jobs near mejohn reberlearning games like kahootwhat is a d.m.a. degree CarMax, as pertaining to both consultants and as a company, makes very little off each car sale. We just make up for it in volume. Also, commission isn't based on a % of the vehicle, so I don't care if you buy a $7k or $70k car - I'm making the same amount. Tl;dr light tap at worst, usually just a longing gaze. calcite limestoneparaguay idioma I’d like to offer my comparison of my experiences in buying with Carvana vs buying with Carmax. Delivery - there is a location of both dealerships in my city. Because of this, Carvana had FREE delivery. Carmax should use this model, but they don’t. I paid a non-refundable $500 just to have my previous car delivered so I could see it. It’s no haggle ,fixed price. That's their business model. It’s called we screw you and everyone else over with a no we won’t take less price then when they can’t sell a car they will haggle a little. It's actually called the No Haggle Take It In The Ass Pricing Policy it goes with the 120 Something No Point Inspection. tanaka scott Carmax has offered me $12,000. The top end of the KBB private party estimate is $15,000. The car is in decent shape but not cherry so I kind of doubt I could get $15,000 for it. Perhaps $13-14k if I put in the legwork to sell it privately (just guessing). With COVID concerns and the overall hassle of private sale, I'm really tempted to just ...Across r/Cars and r/usedcarsales, sellers agree that you can get thousands more from an online vendor than from CarMax. Because both companies are less than a decade old, Reddit users theorize that Carvana and Vroom offer high prices to gain new business. So while you could get a good offer today, tomorrow could be a different story. PickupSelling a car to Carmax Random questions. I had my car evaluated 2 weeks ago and obviously the offer expired. I’ll be ready to sell it in about two weeks. Do folks think the auto strike will get you a better offer? Just wondering about this related to timing.