Carmax higher than blue book

This criteria includes the vehicles history, current condition, make, model, year, mileage, and desirability in the market. Shop carmax your way use the app to save cars and create alerts, scan window stickers on our lot for more details, and even call dibs on a car by holding it for up to 7 days. Carmax doesnt negotiate on their cars so they could be making 1k or 5k off of you. We decided to sell our car, so we checked the blue book value, listed for private party sale, and also go a carmax bid. What should i expect from carmax to pay for this car. The manager was great to deal with and made the transaction quick and easy. That is their niche a no haggle price and people buy cars from them because of that. Around here you can take your car to carmax and get a price that they will pay to you right there. So tony is right, this should be your first resource. From what i see, their prices can be higher than those prices at other. The black book is more frequently updated than either kbb and nada, but even that pales in comparison to the action at a busy dealer auction such as mannheim.

One would think, then, that listed prices would be high, and one would be. They also tend to stock cars that are mostly 58 years old and less, mostly with fairly low mileage on them. My brother is asking for the heirs to let him sell it to his wife for the car max estimate. Dont expect to see carmax paying higher than kbbs suggested range. Learn about carmax tulsa in tulsa, ok cars for sale. Over the years, a great car can become more than just an appliance. I ended up not buying from carmax because of that and there price on the wrangler was higher than anyone else. We did take a couple on test drives since i almost always buy from private parties test drives are what dealers are for and the salesrep always touted the 100% inspection on every car on their lot. This is a awd with every option selected and in excellent condition. Share on facebook share on twitter share on linkedin. Use the app to save cars and create alerts, scan window stickers on our lot for more details, and even call dibs on a car by holding it for up to 7 days.

A carmax offer can help you gauge your cars worth or serve as a good backup if. Can i dispute a car estimate from carmax if the kelly blue book value is higher. Did you get the kelly blue book value on your tradein. This type of estimate will usually be higher than a carmax valuation. It was a couple thousand more than kelly blue book kbb value. The trade in value for my acura tsx is lil less than 14k while the private party price is about 16k. Ive sold 1car to carmax and received a better than expected tradein value and then on my 2nd car, carmax gave a really lowball offer. If the car has high mileage or is over 10 years old, dont bother trying to. Carmax should reconsider their sales policy on this or lose possible potential customers. If you must trade in your car, heres how to get the most.

Many of the prices at carmax are higher than or equal to other dealer asking prices. Welcome to the north american subaru impreza owners club. Remember, carmax is offering wholesale value since they have to clean up the car, sell it, and make a business profit. Carmax prices are usually higher than those that a dealer offers. They gave me the same price they would have given me the first time.

I recently purchased my porsche caymen from carmax, and have purchased from carmax beforeexcellent. They gave me couple dealers in my area that participates in their promotion and the. Took her old car to carmax and they gave me a crappy offer and said they changed policy and no longer match the kbb instant quote price. While waiting for my appointment with carvana, i pulled up kbb because i had nothing to loseif i didnt like what they offered, i could keep my carvana appointment. Of course carmax and any other dealer is going to offer less than retail for a car. Tradein experience autonation, carmax, private party. As others have said, it depends on the car, but if youre looking for a good deal, carmax. Tesla took the higher carmax appraisal value and i traded it, no fuss, no muss. This is typically significantly lower than blue book trade in values. As for the cost they claim it costs for reconditioning, this where they receive more profit. Go to and see what the market dictates as trade in value not private party you and the dealer have no control over the value of your vehicle. Yes, i was advised by the vegas delivery specialist over the phone that carmax is under contract to appraise used cars and that tesla would accept the carmax appraisal, if higher than teslas appraised value. Carmax employees reveal why the company may not be the best.

Whats interesting, though, are its mostvaluable listed cars. Most used car sellers, including carmax, use the prices calculated by kelley blue book, or kbb. Can i dispute a car estimate from carmax if the kelly blue. And, blue book value doesnt mean that is what your car is going to sell for. Nada pricing is often higher than kelley blue book since the algorithm has a standard that calls for all tradeins to be in very clean condition.

Your checkbook in case you owe more than the car is worth. You also gain the benefit of being able to compare multiple vehicles from different brands at once rather than having to visit every dealership where you can only drive their make and model. Take your tradein to carmax to get a firm price in writing thats good for seven days. People sometimes call up the cars kelley blue book value. Carmax s payouts tend to follow the values listed on those two sites. You can sell your car to carmax in less than an hour, and no appointment is. How carmaxs usedcar prices compare to kelley blue book. One would think, then, that listed prices would be high, and one would be right. My car had no real issues, but did need to be aligned and a couple of rattles taken care of. Buying from carmax vehicle, suv, truck, mileage automotive.

It is always lower than the kbb or edmunds price, but then it is a real offer with cash to back it up, and no other bs about a. We just sold a car to them and we werent looking to buy another care, so it wasnt a tradein but they handle tradeins as separate sales transactions anyway. How carmax s usedcar prices compare to kelley blue book. You can negotiate a lower price on a new car, or you can negotiate a higher valuation on a trade, but you shouldnt expect to do both.

Moreover, although the carmax price didnt approach the private party resale value we would get according to kbb, it did match the tradein value. They claim that their offers are usually higher than kbb and waiting for the instant quote was delaying customers. On both occasions, i declined to buy from carmax since their prices are higher than what i. I drove onto the carmax lot, a guy took it away for a test drive and to check it out, he came back and offered me more than the kbb tradein value, so i took it. If its better than the dealer, take it, if not move on. Tells me that if i had wanted to get anything more, i would have had to be patient waiting for the right buyer. A quick tour of kelley blue books usedcar valuation. Just like any good reseller, carmax makes its money by buying low and selling high. Before you rely on carmax to deliver an unreliable tradein value. I had it appraised once, but didnt actually sell it to carmax until more than 30 days later. In a sense, the kelley blue book tradein value of a used car is equivalent to the invoice price of a new car, while the kelley blue book retail value is equivalent to the manufacturers suggested retail price on a new car. Carvana was thousands of dollars higher than carmax for me. The cost of the used car varies by dealership so two dealerships might have the same car at the same price usually retail kbb value but one might be able to negotiate more than the other because they bought it for less or it was a paid off trade in.

Trade in or sell your car with an official offer based on kelley blue book values. The only problem i could find with it was the passenger side power door lock motor was bad, and in the last year and 30k miles the only problem ive had was an ac relay went out. Uploading the documents was the most annoying part. But your carmax offer may be lower or higher than the kbb estimate because carmax uses its own data and inspection process. And they might be slightly higher than what you may receive from a private seller selling or buying a car.

Thus, do not expect to pay the full kbb price for a used car. It was also higher than any recent ebay sales for the same model i had although only a handful of sales. How much does carmax give you for your car answers. Kelley blue book is similar in that it offers target pricing information for used cars. Their cars are way overpriced even higher than market value, also they give you lower than what kelly blue book says what your trade is worth. When placing my model y order a few weeks back asked my sa about the procedure and he said in order for them to match the carmax offer, they have to have it in writing from carmax, and the only way to get that done. Carmax appraisals use the same general criteria as personalized kelley blue book estimates. It took test driving many and lots of time on their website before i found one that met the very specific. Carmax can evaluate tradeins for free and make you an offer that is good for. But theres more than one way to skin a cat, so to speak. The kelley blue book value is a price for a particular automobile make and model from the largest automotive valuation company in the u.

Carmax and we buy any car both offer a great way to sell your car. Home carmax facebook carmax twitter my store name find your store. This model has helped buyers who dont know much about cars or who dont want to deal with pushy dealers, build trust for the carmax brand. I love my car, and it is valued much higher than the price i paid. Some time ago, i had read that tesla will match carmax s offer for tradeins. I faxed that to the honda dealer and they matched the price of the kbb offer on my trade for a new rl be. On a side note, carmax s offer was slightly higher than the edmunds tradein value. As a result, prices in the kelley blue book tend to be higher than those of edmunds used car price guide. Im sure that my wifes old suv was just a weird exception. Carmax at least here gave me two offers 1 from their appraiser and 1 from kbb. A quick tour of kelley blue books usedcar valuation service shows you why. So essential you could get the same experience going to a used car dealer and paying their asking price. Carmax drives higher despite sluggish usedcar sales growth.

Carmax drives higher despite sluggish usedcar sales. It may just be the area where i live but carmax is way higher on used cars than other places. Last year i bought a gmc safari van, it is a 2004 and had 70k miles on it. I had done my homework before and knew what it was worth and i was offered a price higher than kelly blue book. Carmax will give you what is known as used car auction price for your vehicle. Carmax vs webuyanycar how is we buy any car different.