Our team has experience selling a car to CarMax in person and we found the process was quick and easy after a short wait in the waiting area. Instead of getting an online offer, you can also just stop by your local CarMax to get one on the spot. You don’t need to bring anything besides your vehicle for an offer. But if you want to sell it that day, you’ll need some more information, which we cover below.
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To your personal information, so be prudent throughout the vehicle sale process and on the lookout for scams. Finally, if all the titleholders can’t be present, you might be able to bring specific paperwork depending on your state that will allow CarMax to buy the car. We recommend calling CarMax ahead of time if this situation applies to you. As we mentioned above, CarMax differs from other car-selling sites because it requires you to visit a physical location to finish the deal. CarMax has 244 locations nationwide, but there are no locations in Montana, North Dakota, South Dakota or Wyoming. If you don’t like the vehicle, you can return it within 30 days with their money back guarantee and either choose a new one or search elsewhere.
If your vehicle is regularly stored in a garage, it can be smart to have it professionally detailed. The alternative is to wash and wax the vehicle yourself.
Is CarMax Legitimate?
Buyers faced with a car with no logbook may worry that the seller has taken out a ‘logbook loan’. This involves borrowing money using your car as security, handing the logbook over to the lender as security until the loan is repaid. These can be checked against the car to make sure the logbook is for that particular vehicle. Americans spend a lot on their cars — common repairs average between $500 and $600, according to AAA — so those scams can be expensive. Survey respondents with luxury car s who reported scams lost an average of $1,275, while those with less pricey cars lost $764 on average. Repair costs – If the warranty on your current car has expired and you fear the costs of impending repairs, replacing it with a vehicle with warranty coverage makes some sense.
Our team received CarMax offers of $12,000 for a 2016 Chevy Equinox and $11,400 for a 2017 Kia Sportage. Below, you can see how these offers compare to each vehicle’s KBB trade value. You can make an appointment by calling the location nearest to you, but an appointment isn’t necessary.