Car Ma (Consortium Book Sales)

Product Information

You can search by make, model or keyword. That means you can search for a specific vehicle or a more general category like “Small SUVs.”

Platform : Platforms that offer a variety of features, including instant offers and multiple sales options, are more likely to meet consumers’ needs. The dealer retail value is for used-car customers. It's an average of what a shopper may expect to pay when they visit a dealership to buy the pre-owned car. If your used vehicle is new enough, you will also see a suggested "certified used" number, the approximate sale price for customers looking for a certified pre-owned vehicle. Next, you'll want to consider your appraisal tool options, which include having your vehicle appraised in person or online to establish its market value. Online AppraisalsShould you owe more than the car is worth, you can pay off the negative equity yourself or finance it under a new vehicle loan with CarMax depending on the amount. However, be careful with the second option, as you’ll probably be underwater on the new loan.

Selling a car through CarMax is a less automated process, but it’s considerably easier than going through a traditional dealer or conducting a private sale.

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On the whole, if you’re looking to buy or sell a used car, you really can’t go wrong giving CarMax a shot. But it’s always a good idea to consider the pluses and minuses: Pros One customer who sold his car to CarMax described himself as “very happy” after selling the vehicle. Once we’ve made an offer on your vehicle and you’ve accepted it (and you’ve brought your paperwork, IDs, keys, and remote fobs with you), we can issue you a bank draft on the spot. You might be tempted to choose "outstanding" to get more money for your used auto. After all, you've pampered your car the entire time you've owned it, right? But the truth is that few cars qualify for this rating.

If the repair cost is more than half the value of your vehicle, it's probably worth considering trading up," says Kaufman. Like most online dealers, CarMax offers an advanced search engine and filters for you to choose from over 50,000 vehicles. Your search can include basic details such as make and model, but can also be as granular as transmission and drivetrain. Each option shows the selling price of the car and the mileage. Also, if you are between two options and can’t decide, they offer a comparison tool where you can compare the specifications of up to six different cars at once. Additionally, CarMax will also identify any major issues with your vehicle, that could potentially hurt or impact the amount of money you can get for it.Say you're partway through your lease term and want to trade in your car. In most cases, you'll be required to buy out the lease before trading in, so you own the car outright. However, this may result in paying more than the car's trade-in value and incurring fees for terminating the lease early. If you're selling to a dealer, there's a good chance you've received a non-negotiable offer. Then it's up to you to decide whether or not it's the right offer for you. That weeklong period to decide is a big deal: It lets you shop your car with other dealers like Carvana or even test the private sale waters with a sure-thing offer already in hand. Next, you must take your bank draft to your bank or credit union and deposit it. You cannot cash it.

If you’re looking to sell your car, you’ve got options beyond trading in or selling your car privately. Financing and leasing a vehicle are two separate scenarios; there are extra steps when trading in a leased vehicle. When you finance, you are buying the car with the help of an auto loan. When that loan is paid off, you own the vehicle outright.I sold my 2001 Lexus to them last year. I probably got a bit less than I would have in a private sale, but the process couldn't have been easier.” No one expects a used vehicle to be in perfect condition, but a car's curb appeal can make a big difference to a private buyer. Make sure it's freshly washed and vacuumed before you take pictures and before you show it to potential buyers. If you've fallen behind on your cleaning regimen, you may also want to have it professionally detailed. Consider buying a paint touch-up kit for small scratches if you're selling to a private party. If you don't have a title because you still owe money on a loan or are leasing your car, you'll need to make some decisions. If you want to sell to a private party, the easiest thing to do is pay off your remaining balance or buy out your lease, but that's unrealistic for many buyers. The next easiest thing is to sell to a dealership since it can take care of the title transfer.