CarMax
Le Mans Master
Joined: Dec 2013
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From: Charles Town WV
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CarMax will severely undercut what your cars worth... I guess if your in a hurry to get out of it sure but you wont get anywhere near the correct value.
Racer
Joined: Apr 2022
Posts: 284
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What I always did was go get a value from them if I was going to buy another car. Then find the car I wanted. see what they would offer, then show the carmax appraisal if theirs was less than it. They would usually match, and then in my state you would get the tax savings on it too. So you need to take that into consideration versus selling and trading.
Drifting
Joined: Feb 2017
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From: Covington KY
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Le Mans Master
Joined: Feb 2014
Posts: 5,463
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From: Chino CA
If you sell private party, are you going to sit in the passenger seat while somebody drives a Corvette for the first time or will you just let him test drive your car alone? Both are risky options to me. Carmax sale is quick and easy.
FYI, my local Carmax in Ontario CA had a salesperson killed while riding in a C6 on a test drive with a customer a few years ago. It can happen.
FYI, my local Carmax in Ontario CA had a salesperson killed while riding in a C6 on a test drive with a customer a few years ago. It can happen.
CF Community Team
Joined: Apr 2016
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From: Pittsburgh
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You can get a free online offer from Carmax, Carvana, & Vroom, for a few minutes of your time give it a try
Pro
Joined: Nov 2005
Posts: 657
Likes: 199
From: Soddy Daisy
What I always did was go get a value from them if I was going to buy another car. Then find the car I wanted. see what they would offer, then show the carmax appraisal if theirs was less than it. They would usually match, and then in my state you would get the tax savings on it too. So you need to take that into consideration versus selling and trading.
Ended up trading for an STI and used the Carmax quote to get more for the trade in.
Race Director
Joined: Oct 2012
Posts: 17,338
Likes: 6,510
From: Melbourne, FL
What I always did was go get a value from them if I was going to buy another car. Then find the car I wanted. see what they would offer, then show the carmax appraisal if theirs was less than it. They would usually match, and then in my state you would get the tax savings on it too. So you need to take that into consideration versus selling and trading.
And that's why I will never buy a Honda. Because of Honda of Ocala.
Le Mans Master
Joined: Jan 2017
Posts: 6,134
Likes: 1,962
From: Morris County New Jersey
I tried this once, we were trading my wife's rogue for an expedition and had our literal newborn son with us. The Honda dealer offered to pick us up from the local CarMax but wouldn't match their number. I fought those a holes for.like 4-5 hours and didn't get the deal until my wife stormed out.
And that's why I will never buy a Honda. Because of Honda of Ocala.
And that's why I will never buy a Honda. Because of Honda of Ocala.
Le Mans Master
Joined: Dec 2013
Posts: 6,337
Likes: 5,113
From: Charles Town WV
2024 Corvette of the Year Finalist - Modified
2023 C6 of the Year Winner - Modified
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Sounds like their car dealers need to take a lesson from their bike dealers lol, I just bought a bike the other day and was in and out in less than an hour with the exact deal i wanted, probably the most carefree dealership experience of my life.
Race Director
Joined: Jun 2013
Posts: 12,414
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From: DFW TX
this, for maximum easy.
OP if you are selling a Vette, I suggest post it here in the classifieds for a few weeks, then move on if no takers. Give us fellow Vette enthusiasts first dibs
Le Mans Master
Joined: Jan 2017
Posts: 6,134
Likes: 1,962
From: Morris County New Jersey
I sold a car to Carvana recently. The whole process was super easy and they offered considerably more than a local dealership offered me to trade it in. The dealership flatly said they do not match Carvana's offers and to just sell the car to Carvana. I didn't try CarMax, so I can't speak for them.
Le Mans Master
Joined: Jan 2017
Posts: 6,134
Likes: 1,962
From: Morris County New Jersey
The Honda car experience, was really bad. We were there all day, everything was an argument, multiple shouting matches, almost an altercation, they were continually stalling and dragging everything out, and just about as bad as it can get. My friend was buying a car for his wife and had waited a month for it to arrive at the dealership, so he was reluctant to walk out. And the deal on the car was already agreed on from a prior visit, this day was just to sign the paperwork and deal with the finance manager.
Le Mans Master
Joined: May 2005
Posts: 7,913
Likes: 2,060
From: Cypress TX
The Honda car experience, was really bad. We were there all day, everything was an argument, multiple shouting matches, almost an altercation, they were continually stalling and dragging everything out, and just about as bad as it can get. My friend was buying a car for his wife and had waited a month for it to arrive at the dealership, so he was reluctant to walk out. And the deal on the car was already agreed on from a prior visit, this day was just to sign the paperwork and deal with the finance manager.
Le Mans Master
Joined: Jan 2017
Posts: 6,134
Likes: 1,962
From: Morris County New Jersey
Retired & lovin' it!
Joined: Mar 2005
Posts: 4,474
Likes: 547
From: Jackson NJ
I haven't sold any vehicle thru CarMax (or any of the others), but have requested a quote from time to time over the past two or three years. Each time, the numbers have been low ball by as much as 30% compared to valuations from Hagerty, Edmunds, etc.
Keep in mind that they are buying a vehicle for resale so they need to keep plenty of margin for themselves, plus they're offering a quote "sight unseen" so again, they build plenty of margin in their price.
By the way, Vroom recently declared bankruptcy & is in process of shutting down their business.
Keep in mind that they are buying a vehicle for resale so they need to keep plenty of margin for themselves, plus they're offering a quote "sight unseen" so again, they build plenty of margin in their price.
By the way, Vroom recently declared bankruptcy & is in process of shutting down their business.