How does CarMax inspect your car?
We dig deep into every car’s history to rule out any car with flood damage, frame damage, or salvage history. Any car that can’t meet our Clean Title Guarantee gets sold at auction — not to you. Cars must also pass a 125+ point inspection and undergo a detailed reconditioning to be sold at CarMax.
What does CarMax check when selling a car?
If you decide to sell, CarMax will cut a check right there. Just know that the appraiser may need to take your car for an actual test drive to confirm its condition before you get the check. In that case, you’ll be able to use the appraised value of your trade-in toward the car you want to buy.
How long does CarMax take to inspect a car?
The inspection process will take around 30 minutes and you can browse the inventory on the CarMax lot or wait in the waiting area. The appraisal team will give you a written offer that is good for seven days, which will allow you to shop around for a better offer or to secure your replacement vehicle.
What is the CarMax 125 point inspection?
This 125+ point inspection checks for frame and structural damage plus checks all major mechanical systems (such as the engine, transmission, suspension, exhaust, cooling and fuel system, brakes, and steering), all operational controls and switches, as well as the interior and exterior of the vehicle.
What kind of check does CarMax give you?
CarMax stores accept cashier’s checks, certified checks, certified funds, cash, and debit cards. CarMax Car Buying Centers (locations that only buy cars) can accept cashier’s checks, certified checks, and certified funds.
Does CarMax buy cars with mechanical problems?
CarMax.com buys all types of vehicles in various conditions. CarMax will provide offers for damaged cars, including ones with minor mechanical damage. The offer may be adjusted if repairs are needed. However, they will not purchase cars that have undergone major damage including damage to the frame or flood damage.
How long does CarMax inspection take?
Does CarMax give you a check or cash?
You will get a non-negotiable written offer for the trade-in value that is good for seven days. If you like the CarMax offer, you can get a check on the spot. If you still owe money on the car, CarMax will handle the paperwork.
Does CarMax negotiate?
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. Rather, they care about pricing transparency and fair treatment.
Will CarMax buy any car any condition?
Why is CarMax so overpriced?
CarMax Cons: Their prices aren’t as low as other dealers’. The Truth About Cars analyzed the sales prices of similar vehicles on eBay and CarMax and found that their prices were consistently higher, often by a few thousand dollars. That’s because they have more overhead, which the site points out.
What is the inspection process at CarMax like?
They’re similar in that every CarMax used car undergoes a 125+ point inspection including: 1 engine and transmission, plus cooling and fuel systems 2 brakes, suspension, steering, and drive axles 3 lighting, electrical, heating, and A/C systems 4 body and interior, plus all instruments and controls
What is the difference between CarMax and CarMax quality certified?
CarMax competes against the certified pre-owned used cars offered at traditional franchised used car dealers (i.e. new car dealers selling used cars). CarMax offers a program called CarMax Quality Certified, which in some respects is similar to a manufacturer’s certified pre-owned program but does have its differences.
What is it like to buy a car from icarmax?
CarMax bills itself as the best way to buy a car because they offer no haggle pricing, and their cars go through a rigorous evaluation before being sold. It’s also a place where you can sell your used car, even if you don’t want to buy a new one. But what are real people saying about what it’s like to buy…
Why does CarMax have a five-day return policy?
CarMax is smart to offer this policy because it knows few people are going to return a car after five days after going through the hassles of buying it. Buyer remorse usually occurs after a month. CarMax says it buys any used car regardless of age, condition, make or mileage even if you don’t buy a used car from CarMax.