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I'm pretty sure Doug DeMuro caused the warranties to single handily change for the worse. I'm not kidding either.
I bet he did too! I am not under warranty now but I am taking my car into the dealer in a few weeks and will ask my SA if the warranty has changed lately. They work with the carmax warranties all the time I was previously told. i will come back and update with the answer.
I bet he did too! I am not under warranty now but I am taking my car into the dealer in a few weeks and will ask my SA if the warranty has changed lately. They work with the carmax warranties all the time I was previously told. i will come back and update with the answer.
Pretty sure it's way more expensive and covers half as much.
Pretty sure it's way more expensive and covers half as much.
You're correct. Doug did a video on it recently using a later model BMW 7-series as an example. Carmax wanted $9,000 for the same warranty coverage as he had on his Range Rover.
I bought a car from Carmax because I needed one quickly and was having a difficult time finding exactly what I wanted. They had it, though, and it was pretty decent. The price was reasonable. They touted that they thoroughly check out every vehicle and document the review. I found that the brake fluid was low and a few other items were not up to snuff per their checklist. They were just checking the boxes on the car review. All-in-all, it has been a very good car though, so can't complain.
I recently reviewed some of their prices and it appeared that their pricing is better on their later model vehicles. Their older model vehicles appeared overpriced to me.
If you have a trade in for price negotiation and you have the vehicle checked out independently from Carmax, chances are you can do okay.
I bought a vehicle from them in 2004. At the time, their prices were better. The price that I paid was about $2K less than a local dealer for the same make, model and year of car. I went back about five years ago, and I had no idea how much their prices had gone up. I found an SUV that I liked, and we discussed a deal. The salesman told me that the bank wanted a down payment in excess of $1,800 to process the deal. I went home and checked, and the amount of the requested down payment was, to the penny, the amount above retail price that they were selling the vehicle for.
Bought a car from them once. Price was slightly higher, but it was worth it. If it hadn’t gotten totaled in an accident I would probably still be driving it.
Same here a bit pricey but the car was very clean and I didn’t mind paying for a car that hadn’t been in a wreck. Car max has no problem with letting the buyer know the history of the car, etc.
I bought a vehicle from them in July of this year. A 2016 Highlander with only 2500 miles on it. It is still under manufacturer's warranty. The price was below NADA and KBB values by about $500. I am perfectly happy with it and my experience. I didn't sell them my vehicle, though, they low balled me and I was able to sell it for $2K more than what Carmax was offering me.
I have actually bought a few 0.5-1 year old vehicles from them with <15k miles. I ordered them with the colors and options I wanted and had them shipped for about $300-400 extra. The prices were all in line with other dealerships.
If you're going for anything older their prices start getting too high, comparatively speaking.
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