Solved, Is It Illegal to Drive Without a Hood in California? While CarMax have a total of five years appraising cars, they must pass a rigorous testing process to become appraisers. When you come back to CarMax and you are unsure whether you want to accept the offer they give you, you can feel free to walk away! The draft is a kind of check where payment is guaranteed to be available by the issuing bank. CarMax will take all damage into consideration before it makes you a written offer for your car. You don't have to worry about Carmax selling all these cars on their last legs. Get an Instant Quote for Your Car. For that car that doesn’t run you have options for a cash offer for it! Is that engine not working properly? Check out some of the most frequently asked questions and the answers we found! Might not be blue book but if it's got mechanical problems then it's probably not worth that much. Then when done, the company will make you an offer that is good for seven days. No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation. If you’re someone who doesn’t mind posting and responding to ads until your car sells, or if you’re willing to negotiate a sales price as a private seller, go for it! by Rupert » Wed May 10, 2017 1:40 pm, Post Additionally, CarMax will take into account that car’s interior, exterior and overall condition. The fact that your car will not run is huge. After a car is a few years old, they are buying to wholesale it not resell it themselves and use auction value, which isn't picky about condition the way normal buyers are. The door locks work fine, but one of the doors is 'clicking' when the car comes to a stop and/or starts up again, and the interior needs some serious detailing. According to CarMax, getting your car appraised is quick and easy! Not disclosing that a car has problems that may or may not be readily apparent falls under the doctrine of caveat emptor. (On Price, New Tires, etc) Answered, Pros & Cons of Using an Octane Rated Higher Than Your Vehicle Needs, MCA vs. AAA: Roadside Assistance Services Compared, The car’s title or payoff information (all titleholders must be present). Solved, How Much Does Hail Damage Devalue a Car? The company will also reportedly accept cars that have that pesky “check engine light! I disclosed what I believed the problems with the car to be, which included some recurring suspension problems. What needs to happen for the sale to be final? How can I find out CarMax’s offer for my car? CarMax wants to make a profit. If you’re ready to sell, you can leave with payment in hand. My experiences: 2004 Mazda B2300 X-cab 5-speed: Sold in 2007 for exactly the same price I had bought it for private party a year and 10k miles earlier. Here’s a full list of what you need to bring if you’re planning to sell your car. How Will Coronavirus Impact Car Buying And Car Prices? Should you buy a used car from CarMax? Appraisals take about 30 minutes and if you decide to sell, the company will pay you on the spot. Does CarMax Buy Cars with Mechanical Issues? There are currently 225 CarMax locations throughout the United States. If it can properly repair the vehicle, CarMax may resell it at one of its used car lots. However, they may not be able to resell cars that have serious damage, mechanical problems, or have otherwise broken down. But only to registered dealers. new car dealers selling used cars). Sell a car to carmax if/when car has a "problem"? If you’re looking to sell your car, you’ve got options beyond trading in or selling your car privately. CarMax specializes in buying and selling used vehicles that are in good shape. © 2019 Cash Cars Buyer. When the salesperson presents the CarMax offer to you, you can compare it with the trade-in value you found elsewhere. If you are knowingly hold back information on your car and it needs to be fixed you are responsible. by N10sive » Wed May 10, 2017 2:33 pm, Post Those kinds of problems are electrical problems, door locks that don’t work, power windows that don’t roll down, or minor leaks here and there.