Apparently that is an option now. No clue how they'd do it without driving the car, but it seems to me I'd be able to hide certain things easier--like the fact that it leaks oil slowly. Anyone done this?
Apparently that is an option now. No clue how they'd do it without driving the car, but it seems to me I'd be able to hide certain things easier--like the fact that it leaks oil slowly. Anyone done this?
I never have. I would assume, however, that they adjust their offers as required to offset the additional potential risk.
Then again, Carmax just bought my boss's high-miles Lincoln MKC for a decent price... right after the test driver commented about how badly the trans was slipping. So who can tell. I'll shut up now.
Duke said:I never have. I would assume, however, that they adjust their offers as required to offset the additional potential risk.
Then again, Carmax just bought my boss's high-miles Lincoln MKC for a decent price... right after the test driver commented about how badly the trans was slipping. So who can tell. I'll shut up now.
See, this is where I really get confused. Even when I had access to Blackbook and MMR, there were always anomalies in CarMax's valuations that I'd heard through the grapevine. For most vehicles (meaning not a luxury vehicle, average condition, average miles, and less than 10 years old) it was more or less wholesale. But after that, it could be wildly off in any direction.
I'm ultimately trying to figure out if I'd get a better offer with the pictures or in person.
Carmax runs their own wholesale auctions to dealers only. This is Carmax selling off their trade ins and slow inventory to other dealers. These sales are done mostly through pics and do not allow the buying dealer to drive them.
Carmax will sell your car to a dealer via auction in about a week after getting it from you.
Not sure on OP’s question but they gave us a good price on our miserably unreliable C-Max. Ours was an in person deal.
I haven't messed with this yet, but have worked for companies that are in this space. This is how it's worked, you shoot pics and a quick condition report then fire it off. They say your car is worth $xxxx assuming you presented it correctly. If you haven't then they deduct accordingly. Either way, you get a check stroked and you're ready to roll. It's basically KBB ICO, TrueCar Trade or any other product out there that allows you to do an offsite appraisal with a validation process before money exchanges hands.
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