Sold one to CarMax

taco GIF

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2020 Tacoma. Details are about 4 posts up.

How intense is the selling appointment at Carmax? I sold to Carvana a few years ago and it took less than five minutes vs I sold two we buy any car last summer and it took over an hour and they checked every single inch.

At the end of November the Carmax I sold the taco too was about 45 minutes in total. Someone does come out and look over it but it wasn’t heavily scrutinized. It’s a pretty subjective question though….it’ll depend on how many people are working that day & how many people also have appointments plus the need to get your lessor or lender on the phone if needed. They had to get TFS on the phone to confirm payoff, etc…we’re unwilling to take my print out.

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Definitely make an appointment. If it is busy it can take an hour or two. Make sure not to go on a weekend or holiday as the leasing company most likely will be closed and can’t give verbal payoff.

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My relatives just sold their 2020 Hyundai Kona lease with repaired damage to the rear (from a fallen during a hurricane tree). The first time they went, the salesperson pulled the lessee payoff and refused to call Hyundai to get the dealer payoff. His manager was as useless. The difference in sales tax was $1,500. They went to same store again today, after confirming with Hyundai that they sell to the third parties at the dealer payoff. Luckily, they got a “normal” salesperson who just pulled the dealer payoff and cut them a check for $3,170 equity.
Carmax was the highest by $3-4,000 over vroom, carvana, driveway, autonation so I told my relatives to jump on that offer and see it through.

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Sold one yesterday. Highest bid compared to carvana, autonation, vroom, BMW dealer, and driveway. Spread was 18-22k with the dealer the lowest. Had it all nicely cleaned and emptied out and all paperwork handy. Set an appointment and I was driving home with the check cashed via mobile deposit within 1 hour. They did a walk around and a quick test drive and the rest of the time was paperwork and removing tags/plates. Full offer but heard others nearby getting reduced offers.

Wait till that guy gets in trouble because Hyundai won’t release the title for 90 days…:slight_smile:

Not our problem lol

Anyone here done a pick up from carmax before? I’m selling my car to them and they’re coming to pick it up. Just wanted to know what to expect.

Sold my 2022 Bolt to Carmax today, by far the highest bidder, loaded 2LT with just under 10k miles, $28,500. Nets me about $6250 after my payoff, didn’t even make the first payment on that loan :joy:, just bought the lease out the end of January. Did a SOC last summer from my 2020, so all said and done GM paid me about $1400 to drive two Bolts over 42k miles.

EDIT: Forgot I got $2135 back from GM for the swap, so $3535 to drive 42k miles :joy:

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What a hack!

Few days ago we sold Infiniti Q50S AWD with $39k miles to our local CarMax for $23,600. Initial quote was for $23,000, but they came higher after they saw the car, even thought we had a fender damage that required $500-600 of repairs. They said that this car was flagged as in high demand in their system.

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I bought this 2022 Toyota Corolla LE as brand new last May at MSRP($22700+TT&L) because i had no car to drive after i totaled my BMW lease and couldn’t find any suitable replacement as market being crazy back then.

Finally found a great lease deal on Porsche Macan loaner last week and signed this Monday.

Just out of curiosity, ran a online carmax appraisal and received the online offer of $23500… which is kinda crazy because Toyota dealer is selling brand new Corolla at MSRP($23200+TT&L).
So i just sold it today. Feels good to having a great temporary ride at net cost of $950 for 15k miles.

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Nice transition from corolla → macan!

Got the highest quote from CarMax for my 2020 MDX, since they cannot take leased car, got another Acura dealer match CarMax offer, net $7400 equity check. Used some of the equity to jump on the QX80 deal this month, a bigger and more expensive car for less monthly payment :money_mouth_face:

Previous MDX lease posted Here

New QX80 lease posted Here

I love this forum!! :heart_eyes:

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So you didnt sell one to carmax then right?

Should I change title to “Almost sold one to Carmax”?

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Or “Sold One to CarMax (NOT)”

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Was not able to find a thread “sold one to dealership” … lol…

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