Going to be trading my Lexus in. Should I fix the body damage first, or just go as is?
Going to be trading my Lexus in. Should I fix the body damage first, or just go as is?
Just go off blue book value right?
Take it to CarMax and see what they will offer. You'll have a better idea of what you should do from there. Dealer won't give you anything and will be wholesaling that shit like another poster said. Most dealers offer the lowest blue book less a certain percentage.
Is 10k the private party.....trade in value....what?
And how much damage is there?
Post a pic of said shitbox
I've had a different experience and if you don't want to hassle with a private party they serve a purpose. They also set a benchmark for trade in value so that when you go to the dealer and they try to screw you, you can present a verifiable value that someone is willing to pay.
I've gotten 2 good deals from CarMax and while that isn't everyone's experience, you can use them for your negotiation.
this
When I got rid of my last car, I tried Car Max. It was a 02 Hyundai Sonata, at the time the bluebook was 2.4k
They wasted my time and offered me 700 dollars because they auctioned cars over 10 years old and this was 2013 so mine was 11 years old
I wasn't expecting 2400 at all but jesus christ, 700? There was no haggling either. I just traded it in to another dealership and got 1.5k towards my next car (Lamborghini Diablo)
Do not go to Carmax. They will waste your time.
http://pokerfraudalert.com/forum/sho...ax-trip-report
Do not trade it in. You will get waaaaaaaaay underpaid.
If you don't want to hassle extracting top $ private party, put it on Craigslist at $1000 under blue book and you will get inundated with responses, and will do way better than the dealer would ever give you (or Carmax).
Sorry but this^ is bullshit. Carmax has a price match/beat policy on cars... They will beat all other dealership offers. They always paid more than the 4 dealerships I worked at and we would always tell people to sell their cars to car max if they didn't like our price. Dealerships go by wholesale auction black book prices while Carmax goes by retail price minus whatever that certain store wants for a profit. They also do a lot to add value to used cars like warrentys, aftermarket Bluetooth, stereos, and stuff like that. Another thing is since they have a nationwide network of dealerships they have the ability to send vehicles to other Carmax stores where the market pays more for certain vehicles and to top it all off they only sell USED vehicles where the margin is much better for them giving them much more room to work with compared to a new car dealer. Carmax is by far the best dealership to sell your car too and 95% of the time their first offer will be better than the final offer of most dealerships.
They offered me $3000 on a vehicle which I could trade in for $5000 and I ended up selling for well over $6500 private party.
Carmax = joke
It is for idiots who either know nothing about selling cars, or need cash quickly and are too stupid to realize they would have a line of people outside their door to give them cash for a much higher private party price.
If you're going to sell or trade in a car, why not take 30 minutes to get their quote? It's a tool you can use.
FTR the 2 cars I have sold them almost assuredly were resold by CarMax and not auctioned to a "we finance anyone se habla espanol lot"
There are currently 1 users browsing this thread. (0 members and 1 guests)