Selling car to Carmax

[JEDI]

Lets say I'm not buying anything. Just want to sell a 2009 Altima.

How close to Kelly Blue Book (Trade in value) will Carmax's offer be?

 

[HarryLui]

Take it to Carmax and find out. No appointment needed.

http://www.carmax.com/enus/we-buy-cars/determining-your-offer.html

 

[SarcasticDwarf]

Lets say I'm not buying anything. Just want to sell a 2009 Altima.

How close to Kelly Blue Book (Trade in value) will Carmax's offer be?

Their pricing really depends on whether they will keep it and sell it on one of their lots or sell it at auction. The easiest way to find out is to just take the car in.

 

[manimal]

They usually go by the median price of similar cars at Mannheim auction in your area. While they are usually at the bottom end of the scale they are extremely fair and a good baseline for private sale.

 

[Railgun]

Hardly. I had a 2004 MDX I was selling. They offered $6000 LESS than what it was actually worth on the retail market,...even private sales. End the end, it was about $3k less than what I actually sold it for.

 

[Doppel]

Probably not terribly close. I've had cars there appraised and one was so bad I emailed them in disgust, it was seriously a terrible fvcking offer and if they made a similar one to somebody else not in the know and that person took it Carmax almost needs to be sent to jail for confidence crimes. Their used car prices are a little bit all over the map, too. Sometimes ok, sometimes egregious in the extreme.

 

[7window]

carmax is a joke. I have a car that has 14000 miles and they want to give me 10000 for it. it is better if you have a mileage car or a beater you might get lucky.

 

[KentState]

I wouldn't image a business that has to pay for a lot of locations and keep huge amounts of used inventory would give good prices. There really isn't anything about their business model that points to anything but low ball trade-in. On the flip side, I'm sure that give them more wiggle room when selling a vehicle.

 

[Gs dewd]

Also they will want to make a profit on the car so the offer will be well below Kelly blue book on it. But it is not going to hurt anything for you to take it in to see what they do offer you for it. You can always decline the offer. And you have to KBB value of the car so you know what the car is worth before you go in which is very helpful so you don't get a bad deal.

 

[NutBucket]

Worth a shot but don't go in with high hopes.

My experience was last spring. 2005 Legacy GT with just under 100k on it. They offered $7k. I sold it (probably could have gotten more) for $10.5k a day after listing it.