Certified preowned cpo cars are highquality, lowmileage used cars that have been thoroughly inspected and backed by an extended warranty. Cars for sale search kelley blue books car classifieds for new and used cars for sale. Get a free offer in minutes and find out what you can get for your car today. Interview for carmax tomorrow i have an interview for sales consultant full time at carmax tomorrow. If the car has high mileage or is over 10 years old, dont bother trying to sell it. Jan 12, 2020 carmax sells high and lowmileage vehicles of all shapes and sizes. This means your vehicle will go to wholesale auction, and. Less than 20 percent of car owners surveyed knew the maximum number of miles that is considered ideal for tradeins 100,000 miles. My sale price was 22% below kelly blue book for the exact specmiles. This brand has been around for almost as long as the automobile so long that the term blue book value which harkens back to the color of kbbs original printed guides is now synonymous with any car pricing guide. Jan 03, 2010 does carmax make offers significantly below the bluebook tradein value.
Carmaxs car buying process is based on the results of a notable consumer survey the company conducted back in 1991. Depending on the method of disposal, there actually may be more than one blue book value for the consumers car, truck or suv. The above graph displays service status activity for carmax. Bottom line is carmax is going to give you a price they feel good about.
I was wondering if anyone could help me with what i should expect going into that position and how the pay works. Carmax guarantees the quality of the cars sold, does not sell flood or framedamaged vehicles and guarantees a clean title and accurate odometer readings on its cars. Carmax has a fiveday no questions asked return policy, so within that time frame, i took the car to get a checkup with a mechanic that works on volkswagens. But your carmax offer may be lower or higher than the kbb estimate because carmax uses its own data and. If the dealer offers less than you were initially offered, you can walk. We purchase used cars, used trucks, used vans and used suvs.
Browse the car listing inventory of local dealers and private sellers near you. The above graph displays service status activity for over the last 10 automatic checks. Prices guides and car prices are inflated in most of these guides due to the ridiculous offers conventional dealers make to customers on some trade ins. Most used car sellers, including carmax, use the prices calculated by kelley blue book, or kbb. Look up your cars value on the kelley blue book or edmunds sites. Carmax sells high and lowmileage vehicles of all shapes and sizes.
Trade in or sell your car with an official offer based on kelley blue book values. If you are looking for a company that can purchase your used car in san diego, orange county, or surrounding areas we can help you. Carmax sets their own used car values so you cant anticipate an offer by exploring kelley blue book, ebay, craigslist, etc. Selling your vehicle to carmax, the national used car retailer, can be quick and easy. The salesperson got a sale and will get paid tuesday. The appraisal is a roughly calculated amount of what carmax would expect the car to sell for at a wholesale auction, not at retail after reconditioning.
I sold 2 cars there both with really really high mileage, they seemed to give me kelly blue book value rounded to the nearest hundred. It was a good buying experience, but the jeep was overpriced, below blue book isnt a great deal, and the finance company they put me with was a joke simple interest means very high. The dealer moved a car thatd been on the lot for 3 months. Carmax has implemented an everyday lowprice strategy under which carmax sets nohaggle prices on its used and new vehicles. Price ranges based on the middle 50% of prices for our top selling yearsmakesmodels from january 1, 2018, through april 30, 2018. My sale price was 49% lower than the asking price on the same minivan in 2 locations within 2 miles. This means your vehicle will go to wholesale auction, and carmax generally makes very little on these. The blue book value is all well and good, but its not like kelley is going to buy your car for that amount. It offers all types of automaker brands with nohaggle car prices the price on the car is how much it costs though you should always check that its still a fair price by comparing it with what nadaguides or kelley blue book says the car is worth. Various consumer reports say that carmax appraisals often come in slightly below kelley blue book value, though not always. Its the source for current transaction prices, whether a used car is a tradein or sold through a private party or dealer. Press question mark to learn the rest of the keyboard shortcuts. Jun 01, 2016 kelley blue book kbb is the gold standard in setting usedcar valuations. Carmax will give you what is known as used car auction price for your vehicle.
This brand has been around for almost as long as the automobile so long that the term blue book value which harkens back to the color of kbbs original printed guides is. As for the cost they claim it costs for reconditioning, this where they receive more profit. I find it insulting that you pay well below blue book for my 2010 vehicle and leave me stuck with selling it on my own. Nov 30, 2006 carmax will buy cars in bulk through auctions like these paying wholesale value, sell at below retail and still make money on volume.
Kelley blue books kbb personalized estimates, but carmax does. When i started my car all of the dash lights were on ie parking prake,abs,check engine, tire pressure. Carmax employees reveal why the company may not be the best. 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. Does carmax make offers significantly below the bluebook tradein value. Your carmax estimate will be good for a week, so you have plenty of time to haggle with others if thats what you want. Carmax has bought cars above kelley blue book and sold cars below it.
A quick tour of kelley blue books usedcar valuation. The answers below are what define todays carmaxs shopping experience. Values also are affected by estimated market demand. Since 1926, the organization has monitored usedcar transactions, publishing marketdriven values on preowned cars. How carmaxs usedcar prices compare to kelley blue book. Mar 08, 2020 most used car sellers, including carmax, use the prices calculated by kelley blue book, or kbb. This means that usually the offer will be below typical kelley blue book private sale values.
Youre basically guaranteed to get a better offer elsewhere. Price ranges based on the middle 50% of prices for our top selling yearsmakesmodels from january 1. It was a good buying experience, but the jeep was overpriced, below blue book isnt a great deal, and the finance company they put me with was a joke simple interest means very high fees and interest. Shop new or used cars, whether youre on the lot or on the go. Carmax can evaluate tradeins for free and make you an offer that is good for seven days. Feb 28, 2020 if you use kbb as a general guide and follow the suggestions below, kelley blue book data can be very useful. Second, carmax prices are not based on kbb, blackbook, or any other online car shopping resource. Tradein offers are typically lower than youd get from a private party, but trading in is far more. Get the best deals on used cars for sale near you edmunds. This is typically significantly lower than blue book trade in values. Carmax 12 holiday dr bloomington, il auto dealersused. Should you sell your car yourself or accept kelley blue book.
On the high end, the most expensive car regardless of trends. If negotiating to buy a used car from a private seller, show. If youre determined to sell it quickly, price it below retail cars of the. Find out why your carmax appraisal may be higher or lower than kbb. I should have not proceeded with the purchase until my other vehicle was sold. Value is also dependent on a specific carmaxs inventory. It was a couple thousand more than kelly blue book kbb value. Its the source for current transaction prices, whether a. Kelley blue book kbb is the gold standard in setting usedcar valuations. Carmax 12 holiday dr bloomington, il auto dealersused cars. Cars for sale search kelley blue book s car classifieds for new and used cars for sale. We have over 5 million cheap used and certified preowned cpo vehicles in our database and we provide you. Carmax sets the offer based on a few factors, including.
I probably got a bit less than i would have in a private sale, but the process. When the time came to sell my car, carmax made it super easy. If no bar is displayed for a specific time it means that the service was down and the site was offline. Kelly blue book prices are completely ridiculous and inaccurate. I took my 20 2ls coupe camaro with 115,500 miles to carmax in bloomington, il. Get the best prices on great used cars, trucks and suvs for sale near you with edmunds. But your carmax offer may be lower or higher than the kbb estimate because carmax uses its own data and inspection process. We regularly beat offers from kelley blue book, carmax, and. Carmax is the biggest seller of used cars in the u. Search new and used cars, research vehicle models, and compare cars, all online at. The survey asked everyday consumers about their preferences when it comes to the process of buying a car.
You can expect a few hundred dollars below average trade in value if your car is in good shape. How to buy a used car for way below kelly blue book price. How much is an oil and filter change, a wash and wax, and in some cases painless dent repair. May 26, 2009 from what i see, their prices can be higher than those prices at other sources, but i dont see their prices as outrageous. The company says that it takes into account a cars current market desirability, its own inspection, a test drive, and a vehicles history report when making an offer. People sometimes call up the cars kelley blue book value. Should you sell your car yourself or accept kelley blue. Carmax is a chain of stores that sell used cars only, the largest of its kind. One would think, then, that listed prices would be high, and one would be. When i opened the engine it was spotless and i owned the car for two years. Also, they gave me a remarkable trade value on my vehicle.
For over 90 years, kelley blue book has been the trusted resource for used car values, helping car owners understand what their used car is worth. Carmax will buy cars in bulk through auctions like these paying wholesale value, sell at below retail and still make money on volume. Jul 12, 2014 carmax is the biggest seller of used cars in the u. Kbb is somewhat subjective too, is your car in excellent shape or good, etc. From what i see, their prices can be higher than those prices at other sources, but i dont see their prices as outrageous. Carmax has a fiveday no questions asked return policy, so within that time frame, i took the car to get a checkup with a. If carmax wants to sue me for telling the truth then so be it. The company will evaluate your car for free and make you an offer that is good for seven days. Tell me about selling a car to carmax ars technica. Selling your car to carmax is a statement that you discuss with others as. Used 2012 chevrolet silverado 1500 ltz for sale carmax. The blue bar displays the response time, which is better when smaller. They also contract directly with leasing companies and rental car companies to buy many cars at a time often at below wholesale which saves the sellers the time and expense of auctioning the cars. If you use kbb as a general guide and follow the suggestions below, kelley blue book data can be very useful.