Is CarMax a good way to buy a car?
Some tips:
- I have bought and sold cars to Carmax and they are Ok. ...
- Some credit unions have deals with car dealerships where you get fleet pricing on new cars and do not have to haggle.
- Costco is also a place to get a decent deal on a new vehicle.
- Once you have an idea what vehicle you want, then research pricing on Edmunds.com and Trucar (this is for a new car). ...
Should I Sell my Car to CarMax?
Pro and Cons of Selling your car to Carmax
- You have to drive to them and that could be time-consuming especially if you’re living in a busy city. ...
- Usually, you have to wait around for hours before they get to you.
- You’ll get a low offer if your car shows damages or accidents on Carfax, Autocheck or and any other 3rd party reports.
- They prefer cars with lower miles.
Should you buy from CarMax?
Carmax is fine for buying a car if you like their no-haggle pricing but they will stiff you on your trade. A lot of the cars they have are bought from rental agencies like Hertz and Enterprise. You'll see some of those at dealerships, too, but CarMax buys them direct. Best bet when buying used is to go certified IMO.
How to return a car to CarMax?
What If the Dealer Won’t Take the Car Back
- Refinance. When you purchase your car with a bank loan, you might have the option to refinance your loan to lower the rate. ...
- Sell the car. If you absolutely don’t want the vehicle, you might be able to sell the car in a “like-new” condition. ...
- Upgrade your options. ...
How does CarMax 30 day return work?
In addition, CarMax has extended its 7-Day Money Back Guarantee to a 30-Day Money Back Guarantee. Now, customers have 30 days to decide if a vehicle is the right fit, allowing them to return the car for any reason for a full refund up to 1,500 miles.
Does CarMax have a 30 day money back guarantee?
We've got your back We give you 30 days (up to 1500 miles) to decide if your car is the perfect fit for your life. If not, bring it back for a full refund. Learn more about our guarantees.
Is it hard to return a car to CarMax?
As long as the condition is consistent with when you purchased it and you've driven fewer than 1500 miles since your purchase, you can bring it back within 30 days and we'll help you complete your return. Any refunds due back are typically mailed within 2 weeks of your return date.
Can CarMax be trusted?
CarMax guarantees that its cars have never been designated salvaged or flood-damaged, which are two hazards of buying from a private seller or a less reputable dealer. Their vehicles have that “new car” feel. The company thoroughly cleans and refurbishes its vehicles so they look good inside and out.
Are CarMax cars overpriced?
Simply put, in most cases the CarMax price is not cheaper than a dealer. Their cars are well inspected but tend to cost more and the prices are firm. For example, a 2017 Ford Escape with 41,000 miles costs around $25,998. Meanwhile, a 2019 Ford Escape with 24,000 miles costs around $23,000 from a local dealer.
Can I switch my car at CarMax?
If you want to redeem your offer and sell your car to CarMax, you have 7 days from the day the offer is made. You can either make an appointment or simply bring the car to us anytime we're open. We'll verify your car's condition, finalize your offer, and you'll be able to leave with payment in hand.
How many times can I return a car to CarMax?
No-hassle buying and selling, plus 30-day returns (up to 1500 miles) with our Love Your Car Guarantee.
Does Carfax have a return policy?
If you are not satisfied, you have 30 days after the purchase to submit a claim. If you purchase 1 CARFAX, you will be refunded 100% of the purchase price. If you purchase 3 CARFAX, you will receive a 100% refund within the first 30 days, unless more than 1 credit has already been redeemed.
Is Carvana better than CarMax?
Carvana is a better option if you look for convenience and ease of use in your purchases and trades. On the other hand, CarMax is ideal for people who want to test drive the car beforehand and who do not mind going to their nearest CarMax location to do it.
Is CarMax really no-haggle?
CarMax's brand is synonymous with transparency. The retailer has a no-haggle policy for used-vehicle prices and trade-in offers. CarMax gives free, no-obligation valuations and offers consumers a price that's good for seven days. This is proof many consumers don't care about the lowest price.
Are CarMax cars negotiable?
In short, there is nothing you can really negotiate at CarMax. The whole appeal of the company is that it is a no-hassle car dealer. You know the price you are going to pay for a particular vehicle when you walk in the door. That is, the advertised price of that vehicle is exactly what you are going to pay.
Can you negotiate with CarMax when buying a car?
If you buy a car from CarMax, it is true that you cannot negotiate the price of the actual vehicle, however, where you can negotiate at CarMax (and Carvana, et al) is on the back-end of the deal.
What is the Carfax Buyback Guarantee?
The CARFAX Buyback Guarantee helps protect consumers from unknowingly buying a vehicle with a DMV-issued title brand, such as Salvage, Junk, Rebuilt, Fire, Flood, Hail, Lemon/Manufacturer Buyback, Not Actual Mileage, or Exceeds Mechanical Limits.
Does Carfax have a return policy?
If you are not satisfied, you have 30 days after the purchase to submit a claim. If you purchase 1 CARFAX, you will be refunded 100% of the purchase price. If you purchase 3 CARFAX, you will receive a 100% refund within the first 30 days, unless more than 1 credit has already been redeemed.
Does CarMax negotiate price?
CarMax advertises “no-haggle” pricing, and it does not offer price matching or negotiation on any car purchases, sales or trade-ins.
Will CarMax buy my car if I still owe money on it?
CarMax stores also accept cash and debit cards. If the amount you owe is less than $250, we will accept a personal check.
How long does CarMax guarantee?
The 30-day money-back guarantee, offered as long as the car has 1,500 miles or less driven, provides peace of mind for weary car buyers. If you notice something that you didn’t catch during the 24-hour test drive or you simply change your mind, you can return it within 30 days to the same CarMax location. As far as this CarMax Love Your Car ...
Does Cadillac have a 24 hour test drive?
However, nobody else in the used car world is offering a 24-hour test drive. CarMax stands alone in letting customers take the vehicle home and try it on for size.
Do CarMax want your car?
CarMax and other used car giants are always in need of fresh inventory…they want your car. They’d rather buy a car from you than a dealer auction where they don’t really know what they’re going to get. Let them know how much you can get from a private party and use that to drive up your trade-in value.
Questions regarding selling a car to Carmax
I want to sell my 2014 Hyundai SantaFe Sport. Carvana online offer is for a little over $9,000, and I want to see if my local Carmax will buy it for more.
90 Day Warranty Question
I recently purchased a BMW I3 from Carmax and brought the car in about a week later for a strange noise that happened when reversing. Carmax service center told me it was normal and even said they asked the BMW dealer nearby. Two months later the noise still sounds strange to me and it even makes more squeaking when using the shocks.
Carmax warranty on cv boot
I bought my car 2 months ago. Yesterday as I was installing lowering springs on my car, I noticed one of the cv boot was ripped. I went ahead with the install anyways.
Bankdraft
I recently sold my car to Carmax that i still owed money but since i have a positive equity they gave the difference and issued me a bank-draft. After that I deposited it, on the next my bank cleared it but taken it back right away, have anybody experienced it when they deposited the bank draft!?
Will Carmax accept trade-ins if you only have one key?
As the title says. During the initial appraisal they said they would most likely send my car to auction.
Removing Modifications for a Second Appraisal
New to Reddit and this subreddit, I tried searching for my answer but couldn't find anything.
Can someone better explain the 90 Day Carmax Warranty
Scenario: Let's say I buy a car from Carmax and on Day 1, I take it to a mechanic to be looked at.
How long does it take to get a full refund from CarMax?
If you wish to return your items in-store you can visit the nearby CarMax store within 7 days to get a full refund. Follow the below steps to return the car at your nearby store:
Does CarMax have a return policy?
CarMax follows a flexible return policy for its customers, if the car did not suit or you do not like it at all, you can visit your nearby CarMax store and return it for full refund.
What happens if you sell a car to Carmax?
If you sold a vehicle to Carmax and want it back, that’s really up to them, as that sale is final when you sign the paperwork. If they do agree to return ownership to you, there may be a cost involved. Keep in mind that they will inspect the vehicle, and if you have damaged it, you’re most likely out of luck.
Why does Carmax use autocheck instead of carfax?
My friend tried to return a car to Carmax. Here’s why. They use autocheck purposely instead of carfax because autocheck doesn’t catch as many accidents. Carmax purposely buys cars with bad carfax reports but clean autocheck reports, because they can get them cheaper, and make more of a profit.
What happens if you owe $4000 on a car?
If you owe $4000 on the car and CarMax will give you $3000 for the car, then you will have to write CarMax a check for $1000 and sign the title of the car to them.
Does Carmax pay Kelley Blue Book?
Carmax is a for-profit business and is not going to pay you the high-end of Kelley blue book in most cases. That's why they give you an offer that's good for seven days. That way you can try to sell your trade in yourself or sell it to Kelley blue book! You don't have to buy a car from Carmax to get the same offer.
Is Carmax a for profit company?
From my experience people are extremely delusional about the value of their trade-in and most of the complaints about Carmax occur in this area. Carmax is a for-profit business and is not going to pay you the high-end of Kelley blue book in most cases.
Does Carmax have an auto check?
As far as with the other writer said about Auto check. That's incorrect information. Carmax has a contract with Auto check because they tend to actually have more information then Carfax but sometimes it is different. We give all the information we know about the car to the customers.
Is CarMax better than Whole Foods?
In sum, the user experience in both CarMax and Whole Foods is much better than in their average competition’s stores. Some people shop at Whole Foods because of that user experience. Some people shop at discount groceries because price is more important than user experience.