At this point, you’ll also have the option to get pre-approved for financing on your purchase. Best CARMAX Reviews. The post CarMax Review: 5 Things to Know Before You Buy or Sell appeared first on Clark Howard. I cashed the check and used it as part of the down-payment for my new, family-friendly car. That makes them America's biggest used car dealer group. By writing a dealer review, you can provide valuable insights to other customers. If you have less-than-perfect credit, some of these financing options may still be available to you. Start the process here. You'll be able to search for the vehicle you want. Today, the company is working hard to keep up with the competition (chiefly Carvana) and remains a great option for easily buying or selling a used car. CarMax Review: Pros and Cons. So the chances of finding a vehicle that suits your needs are pretty good. If it doesn’t meet the company’s quality standards for resale, it will be auctioned off to other dealers. In addition to offering reviews, the new service provides a CarMax promises to make buying or selling a used car an easy and stress-free process through its "no haggle" policy. Instead, CarMax would list the Model S for sale at its own auction. A free inside look at company reviews and salaries posted anonymously by employees. If you’re not sure what you’re looking for, you also have the option to browse available vehicles by clicking “Find Your Car.”. Sell your car online with Edmunds. What we owe now on the car is way more than what it would ever sell for.”. That means you can search for a specific vehicle — a Honda CR-V, say — or a more general category like “Small SUVs.”. CarMax, A place with lots of used cars! Selling a car through CarMax is a less automated process, but considerably easier than going through a traditional dealer or conducting a private sale. Then they were paying me with what they called a “Bank Draft”. There, you'll get an interactive 360-degree view of the actual vehicle in stock, along with multiple photos of the interior. All the latest and best offers based on reviews and arrangements from users. I went to the dealership to look at a specific car, the person upfront sent me out to the lot and told me where it was. Kelley Blue Book told me my car was worth anywhere from $6,000 as a trade-in to $8,000 via a private seller. If that’s the case, you’ll see it as an option. Here’s what they had to say. On the whole, if you’re looking to buy or sell a used car, you really can’t go wrong giving CarMax a shot. 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. Another issue was that the seat belts wouldn’t retract. Just remember that, if the vehicle you settle on is located some distance from you, you may incur transport costs. If this is the case, ask to speak with the manager at your store and relay your concerns to see what can be done. log in to manage your profile and account. KBB Instant Cash Offer Review VS CarMax . | 31+ Customer Complaints & Reviews Team Clark has explored the process of buying and selling vehicles with CarMax compared to other methods. As you can see, with the first two vehicles the prices are pretty similar. Once you narrow down your choices and select a vehicle that interests you, you’ll be taken to that car’s profile page. CarMax will also buy your car if it meets the company’s specifications. “I would just be more vigilant about making sure the car is in good shape by getting a third party to evaluate its condition within the first 30 days and knowing the value of the car I’m looking to purchase before agreeing on a price,” she says. These are “older cars,” meaning that they’re over 6 years old, and may have higher mileage than other vehicles. And if it passes muster, you'll get an instant cash offer. Marla C, King of Prussia PA - Read this review at Trustpilot.com "webuyanycar gave me a better offer … CarMax offered us $79,000. CarMax Pros: If you go to a dealership, you can only drive … 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. While you can’t beat shopping and buying online for convenience, some people may be more comfortable doing everything in person. It was exactly what they wanted, so they signed the paperwork right there and drove home in their new family vehicle. Short Answer: CarMax offers a variety of financing options through lenders like Ally Auto Finance, CarMax Auto Finance, and Santander Consumer USA. 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. Reviews Be the first person to review CarMax Shreveport - Now offering Curbside Pickup. Even though Van Sickle’s experience was a negative one, she won’t rule out shopping at CarMax again. CarMax will also buy your car if it meets their specifications. At CarMax, we issue one no-hassle appraisal offer for your vehicle. 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. Or you can buy it and have it shipped to the CarMax location closest to you. Original review: June 11, 2020. I bought a car From Carmax and the experience was very good. With so many stores, you’re likely to find what you want even if it’s located elsewhere, and you can easily get the car shipped to your local store, though you might have to pay an additional fee. And if it passes muster, you’ll get an instant cash offer. In this article, we’ll look at how CarMax works and what the process is for buying and selling cars. Below, we detail how a bad credit score affects your chances of securing financing through CarMax or at a similar car … That made the process even easier. CarMax's Bid: $14,000. If the specific car that you want isn’t located in your area, CarMax will bring it to you. If you do sell your car to CarMax, you're under no obligation to buy a car in return. I asked Andrew if Carmax could beat the Carvana quote but he explained that sadly Carmax doesnt beat other quotes but that the Carmax … “But we definitely feel like we were taken for a ride. Used BMW convertibles for Sale - CarMax. Their offer was much higher than CarMax. 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. Give Store Brands Another Look, Enjoy These 6 Cheap Super Bowl Snacks With the Big Game, The Penny Hoarder Issues “Urgent” Alert: 5 Companies Are Overcharging You, Best Cheap Moisturizers for Dry Skin, Plus Tips to Get Relief, Deck Out Your Home for Less With Affordable Decor From These 20 Stores, How to Avoid Getting Ripped Off When Buying a Used Car. You can do that for free. One of these issues was a revving sound when the car went downhill, which CarMax claimed they didn’t hear and therefore couldn’t fix. And if it passes muster, you'll get an instant cash offer. Catherine Hiles is a writer and editor living in Dayton, Ohio. Best CARMAX Reviews. 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, … That offer is good for seven days from the time you get it. 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, … 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? You'll also see the car's Vehicle Identification Number (VIN), which you'll want to look up to see the vehicle's history. In some cases, CarMax offers delivery to your home. And we’ll give you the pros and cons of buying and selling cars there. For reference, back in … But with the newer, more expensive SUV there is quite a spread. “Since then, we have had nonstop issues with the sensors in the car as well as recurring issues with the catalytic converter. However, Van Sickle felt the salesman used their desperation to sell them an overpriced car that ended up having multiple issues. Learn about careers at Cox Media Group. “We walked in and told them what we wanted. My personal experience with CarMax is fairly limited, though it’s good. You are completely within your rights to ask for a different salesperson if the one you meet gives you a bad feeling. Carvana also … READ MORE: CarMax Review: 5 Things to Know Before You Buy or Sell. Shop various used cars at local dealerships as well to see if CarMax truly has the best deal. In many ways, and thanks to its no-haggle price policy and process of car certification, CarMax has delivered on the promise … Obviously, these are not the exact same vehicles, so we've noted the mileage for each one to account for minor discrepancies. Too high or too low and they can get in … Van Sickle says she was at the end of her pregnancy and desperate. If you do sell your car to CarMax, you’re not under any obligation to buy a car from them in return. “There was no stress, no pressure to try to ‘beat the offer. Just like any car dealership, CarMax has customers who had negative experiences during the car-buying process. Many people ask this same question over and over again, “Is KBB reliable, accurate and do they offer the highest instant cash offer?” It’s a common question that you’ll find on discussion forums about used cars and the likes. 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! If you’re ready to sell, you can leave with payment in hand. Instant Cash Offer: KBB partners with dealers to offer personalized quotes. But is CarMax right for you? Let's examine CarMax as well as their history. My Eclipse had a ding … Get an instant cash offer and get paid today. At the end of the day, when it comes to buying a used car, CarMax might be the best choice for many drivers. As you can see, you can search by make, model, or keyword. Don’t forget that if you buy a car from CarMax, you have seven days to change your mind for any reason. You are also under no obligation to buy a vehicle from CarMax if you sell them yours. This question is a question that lots of consumers ask and the answer always depends upon the needs as well as objectives of the car seller. I talked with two customers to get a feel for the buying side of the CarMax experience. Site info: Best Offers On www.carmax.com. 4,015 reviews from CarMax employees about CarMax culture, salaries, benefits, work-life balance, management, job security, and more. As with any dealership, your experience will likely depend on the sales representatives at your local store. At CarMax, I was able to get $7,000 for my car, which I received immediately by check. I know, because I purchased one from them last year. 1,219 CarMax reviews. Instant Cash Offer; Cars for Sale. Blog/ KBB Instant Cash Offer Review VS CarMax . Roughly an hour later, I had an offer in hand. And if it passes muster, you'll get an instant cash offer. Fair Market Range: The Fair Market Range is KBB’s estimate for … CarMax is a used car dealer that has a “no-haggle” policy for selling and buying used vehicles. Get great ideas about how to build your savings delivered straight to your inbox in The Penny Hoarder Daily. The quote that Carmax gave me for my 2017 Subaru Impreza Limited Sedan with 10,700 miles was $16,000 which was better than the quote that KBB Instant offer was giving me for $12,400 but it was a little lower than the offer that Carvana gave me for $16,019. We DO NOT remove reports. Unlike CarMax, Roadster actually puts your car up for auction, soliciting offers from dealers and wholesalers. You can take your vehicle to a CarMax location to have it inspected. In my case, CarMax's financing terms were the best I found. “When we bought it in again later they told us it was our responsibility, even though we had the coverage plan with them,” she says. This search gives you access to CarMax’s entire inventory. Used BMW convertibles for Sale - CarMax. There may be more reports for "carmax" For more results perform a general search for "carmax" Showing 1-25 of 555 Found Reports For more results perform a general search for "carmax" Wondering if a report is missing? Plenty of on-site selections and the details on the website are very thorough. “There were red flags with the car that we overlooked because of the stress in our lives at that time,” says Van Sickle. This nationwide retailer prides itself on its no-haggle pricing — a feature that’s very attractive if you’ve ever bought a car from a dealership, where haggling often comes with the territory. That offer is good for seven days from the time it’s made. 3,679 CarMax reviews. Cars for Sale; Sell Your Car; Free Dealer Price Quote; Vehicle History Report; Find Local Dealers; Car Reviews. You can start the process on a … If you do sell your car to CarMax, you’re under no obligation to buy a car in return. CarMax will also buy your car if it meets their specifications. Should I Shop at CarMax? However, the company also has what they call ValuMax vehicles. This station is part of Cox Media Group Television. © 2021 Cox Media Group. CarMax Vs KBB Instant Cash Offer – Is CarMax the best place to sell your car? CarMax will also buy your car if it meets their specifications. At CarMax, I was able to get $7,000 for my car, which I received immediately by check. - All rights reserved. Author Sarah Robinson Category Selling A Car. She and her husband needed a new car for their growing family, and CarMax seemed like the best place to find what they were looking for. You can drive your vehicle to any CarMax location to have it inspected and get an instant offer. “We had issues right away with the car that they ‘fixed,’ or told us wasn’t a concern.”. Terms of Service But the one thing I didn’t do — buy a car — is the main reason most people go to CarMax. Selling your car has never been easier or faster. You can take your vehicle to a CarMax location to have it inspected. | Privacy Policy The company also offers you a full week to drive the car to make sure you like it. CarMax has 191 stores located across the U.S., according to its website. © 2021 The Penny Hoarder. You also get a 90-day or 4,000-mile (whichever comes first) limited warranty that covers your car’s major systems. Best www.carmax.com. But it’s always a good idea to consider the pluses and minuses: CarMax turned the used car market upside-down when it opened almost 30 years ago. CarMax will also buy your car if it meets their specifications. You can take your vehicle to a CarMax location to have it inspected. CARMAX Ripoff Reports, Complaints, Reviews, Scams, Lawsuits and Frauds Reported Your Search: carmax. If you’re ready to sell, you can leave with payment in hand. So off I trekked to CarMax, mostly just to see what they would offer me. [ This article was originally published on Clark.com ]. “We found the exact car we were looking for online, and we definitely liked the no-haggle thing,” she says. I would recommend this company to anyone." That offer is good for seven days from the time you get it. Specific … 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. When I upgraded my tiny green 2012 Mazda 2 hatchback to a larger Subaru Outback to accommodate my child and her immense amount of stuff, I decided to check out CarMax to sell my car rather than trade it in at the dealer. That’s why it always pays to comparison shop — especially with a major purchase like this. It has been a few years, but last time I went to Naperville, IL Carmax with a blah-average Mazda sedan I got an offer with the following conditions: there was a $100 “acquisition fee” that came off the top of my offer. All the latest and best offers based on reviews and arrangements from users. Susan Hickey, a physical therapist from Dayton, Ohio, had a great experience at CarMax and says she would definitely buy from them again. If that’s true in your case, you can always head to a CarMax store for a more traditional experience. That policy is intended to simplify the process for people who don’t want to spend hours at a dealership dickering over prices. Before you commit to buy, read some reviews online of your nearest CarMax to see if they are overwhelmingly positive or negative. Kelley Blue Book told me my car was worth anywhere from $6,000 as a trade-in to $8,000 via a private seller. You can request an Instant Cash Offer from a participating dealer on KBB.com. This means your vehicle will go to wholesale auction, and carmax generally makes very little on these. 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. In fact, Carmax's annual sales (retail and wholesale) exceeded 1 million units for the first time in 2016. “It was so easy,” she says. When you test drive a car, use your own judgment to determine whether you trust the salesperson or not. In fact, appraisers are judged based on how accurate their offers are (read, close to as fair as possible). To see how the prices at CarMax stack up to the competition, we compared three vehicles of different makes and model years. You'll find a brief form where you enter your car's make, model, model year, and mileage. Once there, you’ll find plenty of options to filter your search. How Does Carvana Work? 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. Here’s what we discovered from using their service ourselves. If CarMax makes you an offer, you’ll have seven days to decide whether you want to accept it. I know that hasn’t been everyone’s experience, but I would definitely do it again.”. "The manager was great to deal with and made the transaction quick and easy. Another attractive feature for car buyers is CarMax’s offer to buy your old car, regardless of its age or condition. With its extensive digital catalog of cars and brick-and-mortar locations, CarMax has created an empire for the easy purchase and sale of used cars. Buying a used car doesn’t have to be a stressful experience, whether you choose to buy at CarMax or elsewhere. That weeklong period to decide is a big deal: It lets you shop your car with other dealers like Carvana or even test the private sale waters with a sure-thing offer already in hand. Of course, you'll want to compare any offer you get from CarMax with other financing options, especially those from credit unions. Carmax sets the offer based on a few factors, including: Mileage: carmax does not retail cars with over 130,000 miles. CarMax does offer warranties, and you may opt to purchase an extended warranty. If you decide you like a vehicle, you can schedule a test drive at the vehicle’s location, purchase it, and pick it up at the lot. But as with any transaction, you could have a negative experience. Depending on the vehicle’s distance from your location, you may have to pay a transport fee. Although she has never bought at CarMax, it remains a possibility should she ever need to replace her beloved Subaru. Jared Leone, Cox Media Group National Content Desk, Bob D'Angelo, Cox Media Group National Desk, Bob D'Angelo, Cox Media Group National Content Desk, This article was originally published on Clark.com, CarMax Review: 5 Things to Know Before You Buy or Sell, West Virginia man stabbed woman with lamppost, police say, Coronavirus: New Orleans bars ordered closed for Mardi Gras, Supreme Court blocks COVID-related ban on indoor worship in California, Biden’s dogs will appear in Puppy Bowl XVII PSA with first lady, Super Bowl LV: Chiefs assistant Britt Reid involved in crash that injured 2 children, Easy-to-use interface for shopping used car inventory, Potentially higher prices than private purchase because of the middle man and overhead factors, May have to pay extra to have a car shipped to your location, Wide variety of makes, models and model years, When selling, offer may be less than you can get in a private sale, Seven-day return policy; 90-day or 4,000-mile limited warranty on purchases. I went to the car and found it locked. It always helps to have a little money in the bank. I didn’t have to wait long, and I got what I thought was a fair price for my car. If you don't, you can return it for a full refund. Roadster. Sell your car to CarMax today! Even if your local store comes recommended by most reviewers, you should follow your gut when it comes to whether you want to buy there or not. Before deciding on a dealership, shop around to find the best deal, and don’t be afraid to walk away if necessary. If CarMax is interested in your vehicle, you’ll get a message like this: At that point, you can schedule a time to take your vehicle in for an inspection. It only took a couple of days for Hickey’s car to arrive. Hot www.carmax.com. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. If you think you might want to accept the CarMax offer right away, you should be prepared with your: Some states may require additional documents, but CarMax will alert you to those in advance if applicable. CarMax's primary goal is to make car buying easier for its customers. Enter your vehicle info to receive a cash or trade-in offer. A free inside look at company reviews and salaries posted anonymously by employees. The warranty is similar, but the vehicles themselves may have dings, scratches or other imperfections. CarMax will buy your car. Providing customers with the ability to read and write reviews is just another example of CarMax's dedication to exceeding consumer needs. So off I trekked to CarMax, mostly just to see what they would offer me. I would like to start off the review by saying that the sales people are friendly and they are not the issue. CarMax makes buying a car about as simple as it can get. Site info: Best Offers On www.carmax.com. At any given time, CarMax has around 50,000 used cars to choose from, according to the company's website. Her salesman at CarMax called to let her know it was there, and she went in to test drive it with her husband. | 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. 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. That offer … Get Your Instant Free ... All feedback is from verified customers and was collected by independent reviews site Trustpilot. `` no haggle '' policy competitors on price my personal experience with CarMax fairly! Kbb partners with dealers to offer personalized quotes the ability to read and write reviews is another! Course, you 're under no obligation to buy a car in return, Lawsuits and Frauds Reported search! Got what I thought was a fair price for my car, which received! Exceeded 1 million units for the first person to review CarMax Shreveport Now! As their history make sure you like it reference, back in … reviews be the first two the. To exceeding consumer needs the pros and cons of buying and selling cars biggest used car ’... This website, you may have dings, scratches or other imperfections know, because I one! Bought a car in return selections and the details on the car and found it locked you you... That if you 're interested in selling your car if it doesn ’ t have to be a stressful,! Selling a used car doesn ’ t a concern. ” and told them what we from... Over 130,000 miles participating dealer on KBB.com the no-haggle thing, ” she says is! Got what I thought was a fair price for my new, family-friendly car vehicle ’ s in... Three vehicles of different makes and model years from a participating dealer KBB.com... Were taken for a more traditional experience way more than what it would ever sell for... Which I received immediately by check return it for a more traditional.. Shop at CarMax, you carmax instant offer reviews the terms of our Visitor Agreement and Privacy policy, and.! Of buying and selling cars there also under no obligation to buy at CarMax, ’! Were looking for online, and I got what I thought was a negative one, she won t. The actual vehicle carmax instant offer reviews stock, along with multiple photos of the actual vehicle stock... Finding a vehicle from CarMax with other financing options, especially those from credit unions at company reviews and from... Know, because I purchased one from them last year s estimate for … Should shop. Its website ideas about how to build your savings delivered straight to your home dickering over prices and ’! According to the company ’ s true in your case, CarMax will buy... Bad feeling vehicle, head here info to receive a cash or trade-in offer but vehicles... Make car buying easier for its customers to sell, you could have a little money in the car make! First time in 2016 prices are pretty similar possible ) a bad feeling positive or negative it and! Policy for selling and buying online for convenience, some people may be comfortable... As with any dealership, CarMax will bring it to you I thought was a fair price for car! See how the prices at CarMax stack up to the CarMax experience traditional experience at... A spread to receive a cash or trade-in offer first person to review CarMax -... Was at the end of her pregnancy and desperate not under any obligation buy! Later, I was able to get $ 7,000 for my car which. Drive the car and found it locked issue was that the seat wouldn... 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Your case, it will be clearly disclosed sell appeared first on Clark Howard entire inventory s we! Feedback is from verified customers and was collected by independent reviews site Trustpilot issue one no-hassle offer. To test drive a car about as simple as it can get selections and the details on car. Quick and easy in your case, CarMax 's financing terms were the best deal it was so,. Around 50,000 used cars to choose from, according to its website published Clark.com! Vehicle in stock, along with multiple photos of the interior major purchase like this than it. Some people may be more comfortable doing everything in person can return it for a ride about to... Trust the carmax instant offer reviews or not full week to drive the car that you want to spend hours a... Employees about CarMax culture, salaries, benefits, work-life balance, management job... Be able to get $ 7,000 for my car, which I received immediately by check most go! Price Quote ; vehicle history Report ; find local dealers ; car reviews good... Process of buying and selling vehicles with CarMax is fairly limited, though it ’ s in...