Question: Does CarMax Have Extra Fees?

What does CarMax do with the cars they buy?

CarMax will reportedly buy cars that are damaged and even have salvage title cars.

For cars with extensive damage or a salvage title, CarMax will then sell that car to an upcoming dealer auction..

Does CarMax offer more than dealers?

While the CarMax offer isn’t as much as you might get by selling it to a private party, selling it to the used car chain offers these advantages: … CarMax prices are usually higher than those that a dealer offers.

How much is CarMax shipping fee?

You can transfer a car from just about any CarMax location, although the cost goes up the further away it is. Transfer fees range from free to $999 and are not refundable nor can they be applied to the sale price.

Does CarMax ever lower prices?

They don’t negotiate their price. That is their niche – a no haggle price and people buy cars from them because of that. … They might do those sorts of items, but they don’t come down from their marked price. If you check, their sales price is usually very close to blue book price.

Is CarMax good to sell my car?

Carmax is a great place to sell your car because they don’t get a lot of trade-ins and will usually offer you more for it than a dealer would. It’s not a good place to buy a car for the same reason—they have to overpay to keep their inventory stocked. Forget about KBB & Edmunds—-they don’t write checks.