If you are considering selling your car, you may be wondering, Should I sell my cars to Carmax? If you are thinking of selling your car, there are a few reasons why. First of all, you should avoid selling your car at auction. You’re competing with thousands of other dealerships, and Carmax makes it tough to sell a car at auction without sacrificing a profit margin. Carmax makes money by flagging cars that are outside of their retail criteria, and 60% of their vehicles don’t meet the criteria to sell at a retail lot.
Secondly, you should check if Carmax has a store in your area. Some states have multiple CarMax stores, while others only have one. In Michigan, for example, you can find one CarMax store in the greater Grand Rapids area. This might be convenient for you if you live in a larger city, but make sure to check out the location before selling your car to them. There are some disadvantages to selling your car at a Carmax, but it’s still worth looking into it.
CarMax is not your traditional car buying option. You can get a cash offer from CarMax by visiting one of their locations. Unlike the typical dealership, CarMax makes a cash offer without requiring you to take the car in for a physical appraisal. However, they do ask you to turn the car on and close the doors before selling it. And the process is fast and easy. If you have a car that’s damaged or unrepairable, you can choose to sell it at a Carmax.