anybody try to trade in or sell to carmax lately

[achenator]

Please tell me about your car and what you got offered.

[Jet335i]

um it'll really depend on your car, condition, mileage etc.

I sold my 335i to carmax and they came in 4K under what I owed and my car was immaculate, low mileage, decent options. That might sound bad but i took it a couple of bmw dealerships and their quotes were a lot worse....considering the money I was saving on the deall i was getting on my used m3 and the fact i had to get rid of my 335i quick, I said screw it and went for it.

i will say this - it's pretty quick to get a quote so there's no harm in taking 40 mins out of your day and getting it done.

[sharkfighter]

I sold my 07 e92 335i to them in June for $24k they then listed it for $28,900. So if they want a 20% margin I think that may give you an idea what to expect. They had the offer for me within 20 minutes and it was valid for 7 days.

[ES_TRADER]

Carmax is worthless and usually for desperate sellers or people who just have no clue or lazy to put in a little elbow grease....i went there to get two different vehicles appraised and they came in waaaay under what i wanted....i ended up selling BOTH cars on craigslist for double what carmax offered me....theives

[Falcon Keeper]

CarMax is garbage... they lowballed me and I basically said "F You" and walked out...

[ranger22]

I called Carmax to see about getting a quote a few years ago. The person on the phone told me to come on by and be sure not to have any weapons in the vehicle including bats in the trunk. I said ok, but if you feel you have to say such things, then we probably don't need to be doing business together. I guess that speaks to what kind of clients they see. I never bothered to get a quote.

[warden]

Was offered $42K on a pristine 2008 e92 M3 6sp with 27k miles today by a Bay Area dealer.

[sor]

In my experience, they offer more than dealers but less than you can get selling it yourself. Some people may think thats thievery but it can also be a real pita trying to sell your car and get what you think it's worth. I've sold two cars to them, referred a friend and he agreed they offered more than dealers but not what he wanted.

[cloud8r]

Autotrader now has a service similar to carmax. They'll give you an offer ONLINE car unseen and in my case it was higher than carmax by $1500.

[enigma01]

Originally Posted by sor

In my experience, they offer more than dealers but less than you can get selling it yourself. Some people may think thats thievery but it can also be a real pita trying to sell your car and get what you think it's worth. I've sold two cars to them, referred a friend and he agreed they offered more than dealers but not what he wanted.

+1

I sold 3 cars to CarMax in the last 4 years. It's very convenient and saves you from a bunch of hassles. Sure, you will be selling your car at a discount as compared to what you can get privately, but you don't have to deal with tire kickers, scammers, low-ballers, etc.

The rule of thumb is about 20% off the retail price at CarMax. So, find a similar car on the CarMax website and subtract 20%, and your offer price should in the rough ballpark.