Carmax honors their online price in store. However I have found if you go get the car appraised in person and don’t mention anything about the online appraisal, you might get a higher offer. If they give you a lower offer you always have the online quote in your back pocket. Hand in hand with this though, once CarMax physically appraises the car in person something must be triggered in their system that won’t allow you to get a new appraisal online without a message about bringing it in for an in person appraisal so be careful with that.
Also not sure where you live but some states you have to go thru a Nissan dealer to purchase your car, you can’t cut a check to Nissan and get the title etc adding a lot more time and costs to the deal.
That’s the other end I’m looking at. Even making $6000 out of it, that doesn’t really help when all prices are jacked up so high right now.
A Nissan dealer yesterday told me they’d match the CarMax offer, then quoted me $358 /mo for a 48 month lease on an Altima 2.0 SR DEMO with 5400 miles on it that he was going to “heavily discount”. When I went to the Nissan Buy@home link for the car (which the website lists as only having 7 miles), with the car at MSRP, no Loyalty cash, and putting my equity amount under the down payment line, it was only showing me $320/month.
For those selling currently leased vehicles with security deposits, do you get the security deposits back from the original leaser or how does that work?
This is the best time to sell your used car to online dealers. I recently sold off two of my cars.
Car-1: 2010 Nissan Altima: bought in cash for $17k during 2010. 85k miles. Minor paint damage, dirty as I hardly washed it 10 times in last decade. Base model.
Carvana offered $6k. Rest were between $2k to $4k. Sale process was easy. Upload/ finish documents online, got appointment, had a Carvana guy showing up on time, looked at odometer and glanced at car for a minute. Handed me the check and left with the keys. Car was still Parked on the street for good 2 days before they picked up.
Car-2: Subaru outback 2018 limited trim. 17k miles. Leased in 2018 at 0 DAS, $380 a month including premium service/maintenance package. Thanks leasehackr community which guided me for my first lease. My buyoff amount was set to $21k the month I sold it. It had minor damage in panel of one of the side mirrors.
Carvana offered $29.5k, shift $30k, AlGo $27.5k. Was going to sell to shift but they wanted me to drive 100 miles to their service station. Decided to get my car appraisal and inspection done at Carmax. They offered almost $32.5k. I sold it to carmax right there and then.
So made around ~$11k in profits buy selling my outback to carmax rather then returning at end of lease. Second hand car market is crazy right now.
Good thing, I secured my 2022 Telluride SX at MSRP right before I sold my other cars.
No it is not. Bought my '21 SR+ 3 in July of this year with a $40.5k sticker price. I submitted it to Carvana a couple of days ago just for kicks (5,600 miles on the odo) and they spit out a $43.9k offer. Still wouldn’t cover the price of the car if I include taxes/fees, but more proof the car market is still stupid.
CarBuyerUSA just spit out $45.1k.
Anyone ever have their CarMax quote go UP after doing an online appraisal and then taking it in and their offer bumped up after the in-person appraisal?
Yes i believe my in person appraisal got me 57k from carmax. Everyone else at 54 and 55 except carbuyer usa who tried bait n switch bs. I am dropping off my tundra on tuesday to carmax.
