Depending on the vehicle’s distance from your location, you may have to pay a transport fee. Roughly an hour later, I had an offer in hand. Once there, you’ll find plenty of options to filter your search. And we’ll give you the pros and cons of buying and selling cars there. If you do sell your car to CarMax, you’re not under any obligation to buy a car from them in return. In addition to offering reviews, the new service provides a “We walked in and told them what we wanted. Susan Hickey, a physical therapist from Dayton, Ohio, had a great experience at CarMax and says she would definitely buy from them again. If you’re someone who doesn’t mind posting and responding to ads until your car sells, or if you’re willing to negotiate a sales price as a private seller, go for it! CarMax does offer warranties, and you may opt to purchase an extended warranty. If you’re ready to sell, you can leave with payment in hand. Plenty of on-site selections and the details on the website are very thorough. I didn’t have to wait long, and I got what I thought was a fair price for my car. Specific … That offer is good for seven days from the time you get it. If it doesn’t meet the company’s quality standards for resale, it will be auctioned off to other dealers. You'll be able to search for the vehicle you want. I’d dealt with that whole trade-in thing before, and I honestly felt like I’d been screwed over when I saw my former car for sale for a whopping $5,000 more than the dealer had given me for it. Learn about careers at Cox Media Group. You are also under no obligation to buy a vehicle from CarMax if you sell them yours. Van Sickle says she was at the end of her pregnancy and desperate. Before deciding on a dealership, shop around to find the best deal, and don’t be afraid to walk away if necessary. Shop various used cars at local dealerships as well to see if CarMax truly has the best deal. Best CARMAX Reviews. CarMax offers a convenient way to buy and sell a car if you're not willing to do extra work to score a better deal. You are completely within your rights to ask for a different salesperson if the one you meet gives you a bad feeling. As you can see, with the first two vehicles the prices are pretty similar. At CarMax, I was able to get $7,000 for my car, which I received immediately by check. If that’s true in your case, you can always head to a CarMax store for a more traditional experience. Of course, you'll want to compare any offer you get from CarMax with other financing options, especially those from credit unions. One customer, Andréa Van Sickle, a work-from-home mom living in Dayton, told me her story, which was a stressful experience for her family from start to finish. CarMax Vs KBB Instant Cash Offer – Is CarMax the best place to sell your car? Turns out they had the same model but with fewer miles at their store in northwest Indiana for the same price.” Hickey paid a fee of about $200 to have it delivered to a local CarMax. By writing a dealer review, you can provide valuable insights to other customers. Before you commit to buy, read some reviews online of your nearest CarMax to see if they are overwhelmingly positive or negative. In my case, CarMax's financing terms were the best I found. Short Answer: CarMax offers a variety of financing options through lenders like Ally Auto Finance, CarMax Auto Finance, and Santander Consumer USA. So the chances of finding a vehicle that suits your needs are pretty good. Once you narrow down your choices and select a vehicle that interests you, you’ll be taken to that car’s profile page. CarMax Review: Pros and Cons. Another attractive feature for car buyers is CarMax’s offer to buy your old car, regardless of its age or condition. You'll also see the car's Vehicle Identification Number (VIN), which you'll want to look up to see the vehicle's history. I cashed the check and used it as part of the down-payment for my new, family-friendly car. I talked with two customers to get a feel for the buying side of the CarMax experience. Fair Market Range: The Fair Market Range is KBB’s estimate for … CarMax has more than 200 physical locations located across the U.S., but you can actually do most of what’s involved in buying or selling a car with CarMax online. At this point, you’ll also have the option to get pre-approved for financing on your purchase. This offer will likely be closer to a CarMax offer than any of the other Kelley Blue Book estimates since it considers factors specific to the vehicle. In some cases, CarMax offers delivery to your home. That policy is intended to simplify the process for people who don’t want to spend hours at a dealership dickering over prices. However, Van Sickle felt the salesman used their desperation to sell them an overpriced car that ended up having multiple issues. Chris Zuppa/The Penny Hoarder, Looking for a Financial Accountability Partner, See more in Save Money or ask a money question, If You Have More Than $1,000 in Your Checking Account, Make These 5 Moves, 9 Quick Steps That’ll Have You Managing Your Money Like A Millionaire, 31 Legitimate Ways to Earn Money Online, From the Convenience of Home, 8 Secrets of The Wealthy That Most of Us Ignore, These 50 Brands Will Fix or Replace Products You Buy From Them, Spending Too Much on Regular Stuff? Description: Used 2015 BMW Z4 SDrive28i for sale - $21,998, 58,563 miles with Hard Top, Turbo Charged Engine, Leatherette Seats, Navigation System, Alloy Wheels, … If this is the case, ask to speak with the manager at your store and relay your concerns to see what can be done. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. Original review: June 11, 2020. Although she has never bought at CarMax, it remains a possibility should she ever need to replace her beloved Subaru. On the whole, if you’re looking to buy or sell a used car, you really can’t go wrong giving CarMax a shot. It always helps to have a little money in the bank. Catherine Hiles is a writer and editor living in Dayton, Ohio. In many ways, and thanks to its no-haggle price policy and process of car certification, CarMax has delivered on the promise … I know that hasn’t been everyone’s experience, but I would definitely do it again.”. Providing customers with the ability to read and write reviews is just another example of CarMax's dedication to exceeding consumer needs. The Kelley Blue Book ® Instant Cash Offer is a real offer for a specific amount to purchase a consumer's car or apply the amount toward another car. If you’re ready to sell, you can leave with payment in hand. This station is part of Cox Media Group Television. You can take your vehicle to a CarMax location to have it inspected. At CarMax, I was able to get $7,000 for my car, which I received immediately by check. © 2021 Cox Media Group. CarMax offered us $79,000. Carvana also … | Privacy Policy CarMax, A place with lots of used cars! You can take your vehicle to a CarMax location to have it inspected. CarMax is a used car dealer that has a “no-haggle” policy for selling and buying used vehicles. That means you can search for a specific vehicle — a Honda CR-V, say — or a more general category like “Small SUVs.”. Even though Van Sickle’s experience was a negative one, she won’t rule out shopping at CarMax again. Buying a used car doesn’t have to be a stressful experience, whether you choose to buy at CarMax or elsewhere. Site info: Best Offers On www.carmax.com. But with the newer, more expensive SUV there is quite a spread. How Does Carvana Work? The warranty is similar, but the vehicles themselves may have dings, scratches or other imperfections. Kelley Blue Book told me my car was worth anywhere from $6,000 as a trade-in to $8,000 via a private seller. We’ll also look at how CarMax compares to its competitors on price. Used BMW convertibles for Sale - CarMax. As with any dealership, your experience will likely depend on the sales representatives at your local store. You can drive your vehicle to any CarMax location to have it inspected and get an instant offer. CarMax claimed to have fixed it but Van Sickle still has issues with the driver seat belt, which gets stuck in the door frequently. log in to manage your profile and account. Get Your Instant Free ... All feedback is from verified customers and was collected by independent reviews site Trustpilot. | Do Not Sell My Personal Information, CarMax brands itself as a hassle-free place to buy used cars, a feature that’s attractive if you want to avoid the haggling that often comes with the territory of car shopping. That’s why it always pays to comparison shop — especially with a major purchase like this. CarMax will also buy your car if it meets the company’s specifications. CarMax has 191 stores located across the U.S., according to its website. So off I trekked to CarMax, mostly just to see what they would offer me. In hindsight, I should have taken it back for a refund within the first 30 days when the minor symptoms first presented themselves.”, “I love the car, when it works,” says Van Sickle. Terms of Service CarMax promises to make buying or selling a used car an easy and stress-free process through its "no haggle" policy. Their offer was much higher than CarMax. 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