Carmax overpriced reddit anything nice on the lot has usually been dumped there because of issues (carmax only just checks if the car runs and can move 20 feet under its own power). They are also shipped from all over the country, so it's not uncommon to find rust, even in the south. but anything special like a hellcat no. Many people will trade the time spent searching, negotiating, pre-inspecting, enduring the traditional finance manager experience, and fighting for your trade value for essentially a couple thousand dollars in many cases (and surprisingly the same market price in some others). When you see $20k on Carmax, you pay exactly $20k and walk out the door. Carmax can kid themselves all they want but they are not actually inspecting these vehicles. I don't know why any customer would ever come back. I found the regional carmax manager on linkedin, sent him a note. Jun 20, 2023 · Vehicle Quality 4. If you see a $20k window sticker at Carmax, you’re still going to pay an additional amount for tax, title, license, gap (optional) and MaxCare (optional). This Auto Zone ONLY served CarMax (a win-win deal for both companies - CarMax leveraged Auto Zone's buying/procurement power, and AutoZone leveraged CarMax's volume). People finance vehicles from Carmax literally everyday using outside financing, including financing purchases with max care. And then they forgot to tell Audi to fix the AC. My personal metrics are if Carvana offers me within 4k, it's a good/great price, 4-6k is a fair price, and over 6k is overpriced. CarMax price is normally always way better than someone like Fidelity. Carmax will pay more for your trade-in than a regular dealership will probably 70% of the time after you isolate the transaction. Could I get the other dealer down on that high mile car? Sure. Personally I wouldn’t buy a car from Carmax. There are plenty of resources online that show you what you should be paying for a car, tells you the median price paid for the car you want and guides The way around the Carmax “problem” is to not shop at Carmax. They were going to make the process very easy and painless. Ended up finding the same Toyota I had reserved but at a local Honda dealership as someone’s trade in and it was selling for 5k CHEAPER. Yeah, that Honda dealership may give you an extra $500 on your trade-in than Carmax, but they'll take it back somewhere else and get away with it because 99% of car buyers don't treat them as two discrete transactions. View community ranking In the Top 1% of largest communities on Reddit. The only think i know personally around where our carmax is located is that the dealerships surrounding us are way overpriced than what we have, i had a customer looking at a 2023 highlander with about 4k miles and it was actually 4 grand less than the closest dealership and she ended up buying with us because we make it easier than all the Sep 9, 2024 · I almost bought from Carmax. Their convenience is what sells. Carmax markets to people that don’t like the traditional car buying process… and there are a lot of them. Well, it's a fact that the salesmen has to go to a manager for a price. CarMax is good for what it is, but you can find better prices elsewhere. A lot of very expensive bills are a potential with a Macan. Sure it’s anecdotal and you can find a good deal there, but still worth mentioning. Anything BMW after 95 IMO is garbage. The Carmax manager was there and he was so embarrassed; he finally understood the people working for him were not doing a great job. Oct 16, 2024 · Almost every single car I've ever come across on Carmax has the same story - overpriced, varying from mildly insulting to absolutely insane and outrageous like the above example. There's a reason you won't find any 5k cars at Carmax. It had around 12,000 miles and KBB and True Car were showing it was worth at least $19,000. CarMax just priced a 23k mile example for $39k, where a franchise dealer of that car make has the same car with 56k mile listed for $36,500. CarMax gets their cars from trade-ins and auctions just like most I recommend getting a car with Max Care from them and refinancing with your credit union for lower APR. The number one reason to buy a used vehicle through CarMax is the quality of the car. The problem is, if you're getting a '22 or '23 model, I would think the value probably isn't there. Once the inspection is done, the reconditioning report (recon report) is sent over to the parts department, which, in this case, was an Auto Zone attached to the service department. It took them 6 weeks and eventually, they took it to Audi. This is particularly lucrative for Carmax and Carvana since they are already selling you an overpriced car. Example: 2014 Ford Explorer 100k miles carmax 15k Same exact vehicle at other dealers 8-10k But you can't compare the warranty you get from car max. Oct 29, 2024 · it varies. Good cars, overpriced for sure, like waaayyy overpriced, but you get ease of mind with max care. Also, Carmax will do their inspection on cars other lots would sell as-is. Now 1000s of people every day are getting cracked on the head with every car they buy their and are walking away with a smile on thre face! She first looked into CarMax and they were offering $17,000 as the "buy" price. i think it would be fine to shop for a v6 challenger with some miles there. Knowing what I know now I’m not sure if Carmax will be around much longer. A lot of options, they seem cheaper then dealers and Carmax, less problems then Vroom. If the vehicle is 50k+, than the ranges will be much greater but I've found that if Carvana is willing to offer within 4k of what CarMax is selling for, then it's typically a good value purchase. You can probably get a used Camry deal a little better elsewhere, but I don’t think there are any “great” used car deals to be had right now. I like the idea of Carmax, and wouldn't have such hatred towards them if they offered more reasonable pricing. I've sold 2 cars to CarMax (2010, 2021) and bought 2 cars from CarMax (2018, 2021) all separate transactions. Had it reserved and everything and they kept delaying the pickup. We entertain beauty shots and thrive on discussing mods whether they're cosmetic, functional, or both. All they are looking for is if the car starts and goes forwards and backwards. Higher price means higher amount financed which means more interest dollars you pay. YMMV. Perhaps that gap will narrow in the next few months. I was going to get a car at CarMax. Each vehicle undergoes and must pass a thorough inspection — more than 125 details checked — by an ASE-certified mechanic before CarMax will buy it. I just don't trust them and they've gone from easy to maintain to complicated and expensive to maintain. To me the Carmax car is a screaming deal with a 33k mile difference for only $2,500. I'd buy a 1995 5 series before I'd want anything 2000 and beyond. No, that’s incorrect. We found a better car at a good price before "ours" was ready (Carmax was fixing a few things we found wrong) but I wouldn't have a problem going back. Definitely get the CarMax extended warranty if you are not buying CPO from a dealer. Is car from Carmax to overpriced? I’m looking at a 2022 Toyota Camry hybrid le 4K miles for Carmax doesn't provide a list of the individually inspected components per California law. Your also going into a stress free know the price out of the door environment, the only thing they attempt to sell you is the Carmax warranty and on-top of it if def Carvana and CarMax is more expensive but you are paying premium for not being hassled by the dealer bought 3 cars from Carmax ( one of them was brand new Jeep Grandcherokee when they were auth dealer ) and my last car was from Carvana right when pandemic started it was such a breeze to buy the car and deal with the folks or lack there The general perception of CARMAX is that their vehicles are not reconditioned well and they are overpriced. Do I want to? No. They do not have unreasonable fees, they don't negotiate, and they offer good warranties. I am a Toyota dealer and I regularly sell them my overaged inventory that I can’t retail for well over market value. You s are a liar, Carvana advertised being the CHEAPEST AND EASIEST option, litrally all I heard for 2 years from there ads was they were the cheaper option another reason why they say everything is included even tho when you actually use Carvana they charge more for than Current market value, they charge outrageous down payments and monthly payment, they are basically raping you, for what you r/GolfGTI is a place for enthusiasts to discuss, ask questions, and share information about the best car that can be had for less than $40K. We would like to show you a description here but the site won’t allow us. Ford dealer ended up giving us $22,000 and we got a '16 GT convertible. Plus you’re paying whatever carmax marks their inventory up because its “no haggle”. 7 Day return with "No questions asked" was the key for me. . Through my recent research purchasing a car for my son, it does seem right now (December 2022) CarMax seem to be commanding higher premiums than regular dealers. OP, this is not a good deal on this particular car, CARMAX in general are more overpriced than normal right now. That doesn't mean the inspection is shit. Look at Nordstrom's everything they sell is Hella expensive but you get top notch service and the best return policy in the world! Carmax spent a fuckton of money for branding and it shows. Carmax has the better reputation but they are wildly more expensive (at least in my area) than most dealers. Oct 26, 2024 · I love Carmax their warranty is the real deal, I just bought my second car there last month. Dealers usually sell "as-is". Mar 24, 2022 · The truth is that CarMax cars, on average, are not any different than any other used car that you would find at a major dealer. carmax lowballs compared to the private market. Well carmax usually only puts really clean examples of cars on their lots which usually means those are on the top end of KBB and sometimes not even considered in KBB or NADA at all. But there’s no way around this problem, if you don’t want to pay for the cars, then shop elsewhere. Just my two cents. 5 out of 5 stars. Even a well maintained vehicle bought at CarMax is essentially an okay to leaning on the higher price for a used vecle when compared to a dealership or private sale, so to find a lemon, even if CarMax gave you $17k to pay for the repairs, there's probably other damage or wear. tuukfs xtvxvv lkki gajq zshke usyu zthkk jkqre tgracw wtfyo lnjoao btt lrxxrx npb fatacrt