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How does buying from Carmax work? 

Dave Dolphin
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I recently bought a new car, and this is my Carmax buying experience and review of the entire process. Are you even doing a midlife crisis correctly if you don't at least once buy a car?!
0:00 Intro
0:58 Intrigued about buying a car online
2:20 Carmax transfer shipping process
3:22 Car financing options
4:14 In-store experience
5:17 The complete out-the-door price
5:57 Carmax comparison to traditional dealerships
CONNECT ONLINE:
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ABOUT ME:
It seems all the family vlog channels I’ve seen are people in their 20s and 30s raising babies and toddlers. Meanwhile, I’m over here at what many would call the “halfway point.” I’ve been married for over 25 years, trying to do my best to raise teenagers, and there’s a wide range of thoughts and emotions to work through every day. It’s probably unreasonable to call this a midlife crisis, but whatever it is, I’m documenting it here on RU-vid.
MUSIC:
Inlet - Sam Barsh
Selfcare Sunday - Ghost Beatz
The Adventure Begins - Lunareh
Like the music you hear in this video? SoundStripe is the royalty-free site I use for all the music in my RU-vid videos and podcast episodes. Learn more here:
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26 июн 2024

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Комментарии : 167   
@timshipp1145
@timshipp1145 9 месяцев назад
I once bought a car from Carmax and opted for a 3 year extended warranty (for $300). I’m glad I did, because just 4 months before the warranty expired, the car began burning through a quart of oil every week. I took it in for repairs and Carmax did over $1k worth of engine work and only charged me a $25 deductible, plus I got a free loaner car until my car was ready. Worth every penny.
@Mattius08
@Mattius08 Год назад
Carmax is my go to place if I need to buy another used car. They beat traditional dealerships hands down! No hassle, no pressure. They even held the car for me before I arrived and let me test drive it. The sales rep was cool, he went over the warranties without pressuring me, let me pay cash and I was out with my new car in no time. The transaction was quick and easy.
@sagegriot2455
@sagegriot2455 Год назад
Bought one car from Carmax for teen daughter. Generally very satisfied with the experience. It was transferred from one state away for no charge. We test drove the car for only 30 minutes. It had an air leak where the steering column passed through to the engine compartment. This should have been detected before we were permitted to test drive the car but it was fixed promptly. We used the carmax financing to expidite the purchase but daughter refinanced to a lower rate within 30 days. Carmax even provided permanent plates and registration. We bought the extended warranty and it was even honored at the Chevy dealer when we needed it.
@piklikr4462
@piklikr4462 Год назад
Thank you fod this, im 48 and never bought a car before.. Like you i don't want the haggle and hassle. You did it exactly as im hoping to. Ty sir
@larrys9879
@larrys9879 Год назад
Based on my experience. Carmax apparently does inspect their vehicles and make necessary repairs. Their 30 day return policy, for a full refund, is unique to used car dealers. That is probably the best reason to do business with them. On the negative side. Carmax significantly overvalues their cars. They also significantly undervalue trade in vehicles. Their non negotiable pricing benefits them more than the customer, IMO.
@derronsanchez391
@derronsanchez391 Год назад
Far better than putting up with crooked dealer scumbags! Great video!
@DaveDolphinOK
@DaveDolphinOK Год назад
Not having the plan “the game” was the very best part. I feel like I’ve checked into Carmax before and the prices were too high. But this time around (in this crazy car market!) the price was competitive to other dealers.
@sallystalcup1728
@sallystalcup1728 Год назад
Bought my current car from the CarMax in Plano, TX. Great car in excellent condition. What a joy! They were so nice and so to the point. Will buy my next car from CarMax.
@NativeNYker73
@NativeNYker73 Год назад
I just purchased a 2020 Jeep Wrangler from Camax. Had it transferred from Minnesota to Oregon. Paid the $1400 (gulp), but was completely satisfied with the transfer process. It took about ten days for the vehicle to arrive and for the inspection to be completed upon arrival. Because most of my paperwork was completed online, the in-store process on the day of my purchase was quick and easy. I was literally out the door with my new car in just over two hours. I arrived at my Carmax location here in Oregon after work at 7PM and was literally the last customer to leave the dealership that night at 9PM. A truly great experience all around. Thanks so much for sharing...
@genehart261
@genehart261 9 месяцев назад
Your Carmax experience is exactly the same as mine. I have bought two vehicles from them and am extremely pleased. Yes, they are more expensive but worth it.
@jasminenorman6965
@jasminenorman6965 Год назад
Thanks Dave for the video
@DaveDolphinOK
@DaveDolphinOK Год назад
Thank you for watching! Did you buy a new car?!
@dangarrido
@dangarrido Год назад
Great video!! Thank you!!!!
@hereby_
@hereby_ 8 месяцев назад
Hey! I just finished watching ur video and let me tell you that YOU DID AMAZING MAN great vlog it was for sure entertaining, you deserve more likes and subscribers! Keep it up!
@DaveDolphinOK
@DaveDolphinOK 8 месяцев назад
Thank you for watching and for the encouragement!
@POODYWORLD
@POODYWORLD 6 месяцев назад
Thanks for letting me know about the processing fee so I can be prepared… thanks
@jimrotharmel
@jimrotharmel Год назад
I have bought and sold many times from Carmax including my current car .I have been happy every time. Carmax holds most of its paper and there rates tend to be high so I generally just pre arrange financing . I am not sure you get the best price but its very transparent and they dont care if you buy a 20,000 or 50,000 dollar car
@JR-pr8jb
@JR-pr8jb 2 месяца назад
No doubt there are some buyers who like the usual dealership games. I'd rather have a serious medical procedure.
@mikeroch7813
@mikeroch7813 Год назад
Great to see YT videos from another person from OK
@DaveDolphinOK
@DaveDolphinOK Год назад
Welcome! What part of Oklahoma are you from?
@Ireland-bc2gx
@Ireland-bc2gx Год назад
Credit union is the way to go and most of them have a great extended warranty,don't buy the dealer warranty!
@DaveDolphinOK
@DaveDolphinOK Год назад
Absolutely!
@amyskiff5254
@amyskiff5254 Год назад
I'm confused I have never used this app so can u please walk ne throw the steps of how all this work I'm looking for a car from there on line but need help how two do it please n thank you
@paulgrimm
@paulgrimm Год назад
We bought a nice 2018 Explorer Limited at the end of 2018 from CARMAX.High mileage car , but clean.For what I saved on the high mileage ,I bought a great warranty.Very happy with CARMAX . ILL never buy a new car again
@S1L3NTG4M3R
@S1L3NTG4M3R 7 месяцев назад
👍 thanks again!! :)
@shaystern2453
@shaystern2453 Год назад
dealers made you think like this and I agree
@kleetus88
@kleetus88 6 месяцев назад
Great video, I've sold cars to carmax, but never bought one. I can no longer afford a new car, so I must go to the used market, but I loathe traditonal dealers.
@JR-pr8jb
@JR-pr8jb 2 месяца назад
I worked for several dealerships and will NEVER, EVER again set foot in one. Loathing is too mild a term.
@sagnbaby
@sagnbaby 10 месяцев назад
You have a beautiful house!!!
@bodhi_satfa
@bodhi_satfa Год назад
Mr. D, happy to be along for the Midlife Crisis. I myself am having a Midlife Crash, no pun intended (hopefully 😂)
@DaveDolphinOK
@DaveDolphinOK Год назад
Glad to have you along for the ride! Every day’s new day… keep your chin up, you got this!
@freemandiaz5123
@freemandiaz5123 Год назад
Much easier than that Velocitor! What a story!
@DaveDolphinOK
@DaveDolphinOK Год назад
It helps that the turbo didn’t blow up on the drive home from the dealership…
@27ecobeast
@27ecobeast 11 дней назад
Just ordered my dream car! Waiting for it to ship from FL to Norman OK!
@DaveDolphinOK
@DaveDolphinOK 9 дней назад
Nice! What is it?
@Deloreco
@Deloreco 11 месяцев назад
cool video bro I like it in that current situation how long did it take to arrive
@DaveDolphinOK
@DaveDolphinOK 11 месяцев назад
It was like 4-5 days since it was several states away. There was travel time plus time to do any work to get it ready to sell. They give you an estimated timeline, and in my case it was ready a day before they estimated.
@camrieshadle6891
@camrieshadle6891 Год назад
I just bought a truck from carmax yesterday and they call me today and said they had a glitch in their system and had already sold it to someone else. They refunded me my transfer fee that day and they paid my transfer fee on another vehicle. I was irritated but they made it right and we are still buying a vehicle from them.
@DaveDolphinOK
@DaveDolphinOK Год назад
I’m glad to hear they did what they could to make it right. Thank you for sharing your story!
@truckerkevthepaidtourist
@truckerkevthepaidtourist Год назад
At least get some piece of crap from carvana good job I don't know where they get their junk from anymore somebody bought a new car from them apparently in transfer they put some crappy tires on and all kinds of other issues with it and they didn't stand behind their warranty at all the only good thing was after 7 days you could trade it back he traded it back and said adios That was very turned off by carvana I know a guy who got a Mazda MX-5 Miata who wanted one and yeah he lived in Tennessee a few years back and they had down in Texas through CarMax and he's been very very pleased with it.
@bfurl69
@bfurl69 Месяц назад
Wow, i bet they couldn’t get the title and said they accidentally sold it to someone else. That said, i like the carmax car buying model
@kingstorm7188
@kingstorm7188 4 месяца назад
I'm buying a car from the west . I live on the east . Our cars get hammered by the weather.
@stevebuke9702
@stevebuke9702 16 часов назад
Looking into same thing agree 💯
@girlygirl402
@girlygirl402 2 месяца назад
Yeah, but how long did you have to wait for your shipping inspection because I’m going on three days and they said it would’ve been done by now.
@jerrylundegaard2592
@jerrylundegaard2592 День назад
The only sure thing about Carmax is you will pay too much. A couple of years ago, I purchased a new Toyota Corolla for my daughter. The local Carmax had a same year Corolla with a lesser trim and with 11K miles on sale for its no haggle price which was $1,200 more than the price I paid for the brand new Corolla. Carmax is good only for people easily separated from their money.
@nunyabeeswax3936
@nunyabeeswax3936 Год назад
To get another vehicle I will have to insist it be checked by a mechanic/technician with their devices to check for things unknown to anybody.
@mariemedeiros1756
@mariemedeiros1756 Месяц назад
My Hyundai Tucson 2016 just got stolen out my driveway, now am looking for a car, I been looking at car max but I don’t want to get ripped off
@TheeRighteousOnee
@TheeRighteousOnee 10 месяцев назад
CarMax lowballed my trade in though. The dealer offered me 4k more for my car.
@jlocke78759
@jlocke78759 Год назад
I bought a car from Carmax, and it was as painless as you say. The only "unpleasantness" was after I agreed to buy the car, the sales guy was like "which extended warranty do you want"? He probably spent 10 minutes trying to convince me to purchase one of their extended warranty plans. I felt kind of bad for the guy, I figure that's the only thing he makes much commission from, but held firm and didn't buy any of the extended warranty plans. Had already arranged financing through my credit union, so it was pretty quick and easy. I enjoyed not haggling over the price.
@DaveDolphinOK
@DaveDolphinOK Год назад
My salesperson spent less than three minutes on the extended warranties. It probably depends on how zealous the person is. 😂
@truckerkevthepaidtourist
@truckerkevthepaidtourist Год назад
Hey you don't have to worry I'm sure if you want an extended warranty once it goes out you'll be getting all kinds of calls and emails and knocks on the door from different companies offering you 🤣🤣
@vitohoney5911
@vitohoney5911 Год назад
Buying my first car in August or September. I have been heavily looking at Carmax. Looking to get a Subaru SUV. This whole car-buying process has me anxious. I've been looking at getting it from Carmax and doing it partially online.
@MattGarcyaDC
@MattGarcyaDC 10 месяцев назад
Same. How did it go
@darkkforest
@darkkforest 27 дней назад
any update?
@Lorena-OT7
@Lorena-OT7 Год назад
Oklahoma City, that’s where Kpop idol Alexa is from she won first place on American song contest. Anyway I’m so stressed if I should buy from car max or enterprise.
@Rockinthehill
@Rockinthehill Год назад
That shirt you were wearing screams "sell me a lemon"
@DaveDolphinOK
@DaveDolphinOK Год назад
You’re not wrong! 😂
@johnsradios484
@johnsradios484 Год назад
I was wondering what you where talking about.
@blesedbygod3907
@blesedbygod3907 Год назад
My question is … is the price you see online is that what you will pay ? Or they still add on taxes ?
@fjcruising7121
@fjcruising7121 2 месяца назад
Taxes are still added on, if you have a trade it may help lower them depending on your state for the taxes you will pay.
@appleheadjackson3524
@appleheadjackson3524 3 месяца назад
Only thing i hate is that u never showed the full view of the car. I want a tour
@DaveDolphinOK
@DaveDolphinOK 3 месяца назад
That should be the next video!
@phostings
@phostings Год назад
Oh god, please don't ever be late on a payment. Carmax automatic service will blow up your phone several times a day. Even after working hours. Other than this, Carmax is pretty good.
@truckerkevthepaidtourist
@truckerkevthepaidtourist Год назад
Uh oh
@IOMUZIK
@IOMUZIK Год назад
So just want to confirm in case anything has changed, we live in Tulsa and will be looking to buy a car next week that's being shipped to us, but on the financing side, they show that title tax stuff you mentioned is tacked on to what one would be financing, is this not accurate or do we truly pay for title stuff at dmv?! I know currently it shows $399 for their processing fee which sucks. Thanks
@DaveDolphinOK
@DaveDolphinOK Год назад
I think you CAN roll it into your loan and they would take care of it, and as a nationwide company they probably default to this in their system. But I’ve been in Oklahoma since 1985 and I’ve always paid for taxes and tags at the tag agency about 30 days out.
@IOMUZIK
@IOMUZIK Год назад
@@DaveDolphinOK much appreciate the quick response and feedback.
@IOMUZIK
@IOMUZIK Год назад
@@DaveDolphinOK we did confirm we could do either if I remember but for sure we chose to pay at dmv. Again wish the processing fee was $299 still from $399 but it worked out. Very smooth process with carmax. Initially we went with a 2020 crv but after a week just couldn't stand the engine in them. Found a 2022 Civic Sport in OKC shipping was free so we had it shipped arrived same day got it the very next day!
@JackbenimbleJackbequick-dc9lj
@JackbenimbleJackbequick-dc9lj 2 дня назад
Why are people still buying anything from this company!? I don’t know about you all but I detest getting ripped off
@northstar15
@northstar15 22 дня назад
Looks like a 1.6 Turbo Sonata. Not bad...
@DaveDolphinOK
@DaveDolphinOK 20 дней назад
It’s actually the 2.0, but yes… and I still really like it
@northstar15
@northstar15 20 дней назад
@@DaveDolphinOK That is a good engine. Better than the 1.6. Enjoy :)
@martinbraden7110
@martinbraden7110 Год назад
Revamp CarMax. Sell cars the same way Saturn used to. Additionally, fire all salesman who work for commissions. Pay employees a fixed desk-jocky clerk's wage and give raises based on customer satisfaction.
@sinnlikeme
@sinnlikeme 10 дней назад
I dont understand the financing part? Do you need to first have the value of the car before doing the financing process IF you decide to do it with another credit bank?...
@DaveDolphinOK
@DaveDolphinOK 9 дней назад
You need to have a rough idea of what you’re looking at and a budget. It’s like financing for a house. You get pre-approved for a certain amount and once you find the exact one, you’re close the loan with the exact details and amounts
@s99614
@s99614 5 месяцев назад
Fixed high prices.
@kd-bc1lz
@kd-bc1lz Год назад
You really some guts wearing a lemon shirt the day you pick up a new car! Get video. Thanks.
@DaveDolphinOK
@DaveDolphinOK Год назад
I didn’t even notice I did that until I was editing the video… maybe it’s reverse psychology!
@kd5322
@kd5322 Год назад
Sorry. I meant great video. I’m kinda disappointed that Carmax doesn’t deal with Alfa Romeo car. As I thinking of trading my Giulia in for an Audi Q7. Oh well.
@chadnagel8657
@chadnagel8657 Год назад
Not sure their prices are all that good. I just purchased a new 2023 from a dealer and just for fun i looked up carmax prices for the exact make model and trim. CarMax had a 2022 with 13K miles for the same price as my 2023 with 5 miles. Granted i had to go through 3 car dealers to get the price that i wanted. I guess it all comes down to is it worth the hassle.
@DaveDolphinOK
@DaveDolphinOK Год назад
In my situation, I was looking everywhere-Carmax, Carvana, traditional dealers in the area. The price that Carmax was offering at the time was in line with what I was seeing elsewhere. Now, granted, I bought this car at the height of the crazy car market, so you have to factor that in too
@josephrodriguez1781
@josephrodriguez1781 2 месяца назад
Since there is no negotiating do you believe the prices set at CarMax tend to be fair
@warlockgod66
@warlockgod66 Месяц назад
Yeah they're overpriced but their caremax warranty makes it worth it cuz it covers all repairs if something go wrong what are you having to pay a deductible which is cheap
@Anonymous-ji4sb
@Anonymous-ji4sb Год назад
I had a wonderful experience with CarMax, although it’s kinda of a long story. I used to have a 2015 Hyundai Sonata, it started falling apart and Hyundai wasn’t honoring their warranty even though the car only had 65,000 miles on it. So I opted to just get another vehicle. Carmax offered me $12,000 for it, that’s $3,000 more than Carvana and $9,000 more than Vroom so obviously I took Carmaxs offer. I had originally purchased a 2020 Nissan Rogue with 7,000 miles for $24,000. I had it transferred from Atlanta Georgia to Indianapolis ($250), it took 3 days to get here. Unfortunately it looked ridden hard and put away wet, lots of dings and scratches, the interior was dirty and it smelled bad. So I kept it for about two weeks, I’ve heard about 1200 miles on it and I did a 30 day return. The return process was completely seamless, it only took about 20 minutes. In the end, I purchased a 2019 Nissan Rogue with 15,000 miles for $26,000. I had it transferred from Ft. Lauderdale Florida to Indianapolis ($700), it took 10 days to get here. They told me the car was in like-new condition before I paid the transfer fee and it did indeed show up in like-new condition. I did get Maxcare, it’s for for 5 years or 125,000 miles. It only cost $1,900 so I felt it was a no-brainer. There were no doc fees. Oh, and my interest rate through Carmax auto finance was 2.95% on the first Rogue. I actually just decided to pay cash for the second one.
@wintermaryland3619
@wintermaryland3619 Год назад
Carmax has a $6k profit on every car Ur local dealer is only $2 to $3k profit
@shaystern2453
@shaystern2453 Год назад
that's real bullshit. did you vote for trump?
@wintermaryland3619
@wintermaryland3619 Год назад
@@shaystern2453 so what are ur numbers
@Knightraven11
@Knightraven11 Год назад
Your very very wrong most of the profit Carmax gets is not from actually selling cars it’s from there auctions that they do you are right tho it is more expensive to buy from CarMax, but that’s because of all the warranty you get and the time put into the cars I promise you if you go to your local dealership, the cars you buy there will break down in six months ​@@wintermaryland3619
@samkitty5894
@samkitty5894 Месяц назад
Not true. I compared prices on same model cars with same options between dealers and Carmax. Worst are the used car dealers, the small guys. Their markup is 100%. If they paid $ 5,000 for a car, they will list it for $ 10,000 and push their financing. By the time car is paid for the price will be close to $ 16,000.
@jazzcarreon4784
@jazzcarreon4784 2 месяца назад
Did they not add or give you a taxes and fees sheet unto the original purchase price of the car? And if you did were you able to opt out and does it yourself? Example; the car online is listed at 27k but when they add taxes and fees the price goes up almost 2k 28710. Can you help please?
@DaveDolphinOK
@DaveDolphinOK 2 месяца назад
Not in Oklahoma. Taxes and title are handled at the DMV 30 days afterwards…
@jazzcarreon4784
@jazzcarreon4784 2 месяца назад
thank you so much for replying Dave. I live close to the Norman carmax location and just to make sure, I’m fully understanding the tax and fees sheet they add to the price of the vehicle is something we don’t need to pay for there correct?
@DaveDolphinOK
@DaveDolphinOK 2 месяца назад
@@jazzcarreon4784 I only paid the agreed price of the car plus their doc fee. I’ve always had to calculate estimated taxes myself, so I know how to budget at the DMV.
@jazzcarreon4784
@jazzcarreon4784 2 месяца назад
See that’s where I’m trying to understand because I have the the car price plus the tax and fees sheet. In the sheet there’s a processing fee of 399, there’s a excise state tax, there’s a sales tax, a registration fee, and several others tire fees which add like 1700 more to the original price. I feel that’s a rip off but I also heard that they actually give you a check for some of those fees to let u go do it yourself at the dmv so that’s why I’m so confused. Sorry to bother.
@meloperez8554
@meloperez8554 Год назад
How long did the transfer and car check take before you were able to go in to pick the car up
@DaveDolphinOK
@DaveDolphinOK Год назад
Start to finish, the process was about two weeks. I paid the transfer fee on June 4. The car left Alabama on June 6 and arrived in OKC June 11. My appointment to pick it up for a test drive was June 16, and I purchased it on June 17. When I originally started the process, they said the car would be ready by June 27, then that was updated to June 18 when the car arrived in OKC. I appreciated that they under-promised and over-delivered on the timelines.
@OldIndieRocker
@OldIndieRocker Год назад
This is a CarMax ad
@nihil7002
@nihil7002 9 месяцев назад
Have you had any problems with your vehicle?
@DaveDolphinOK
@DaveDolphinOK 9 месяцев назад
I had a spark plug go bad a few months ago, but I replaced them all and haven’t thought any more about it since. It’s been a great car so far…
@walletphonekeys
@walletphonekeys Год назад
What insurance thing did u have to do
@DaveDolphinOK
@DaveDolphinOK Год назад
I went ahead and added the car to my insurance, just in case something happened during the 24 hour test drive. If I didn’t wind up purchasing the car, I knew I could just remove it.
@walletphonekeys
@walletphonekeys Год назад
@@DaveDolphinOK thank you sir. Great video btw. Makes me more comfortable when purchasing thru CarMax. And still have yet to experience buying one at the dealership as well.
@morgan.highley
@morgan.highley 2 года назад
Looked like Brixton Square in the background at the beginning. Getting some Bueno? You should swing around the corner and see me some time. Metropolitan Bible Church.
@DaveDolphinOK
@DaveDolphinOK 2 года назад
That’s a great catch! I originally parked in front of the bank, but then I thought they’d probably be weirded out with me using a camera in front of their bank… so I moved over one building. DM me and let’s try and get lunch… I didn’t know you were so close!
@slnz5751
@slnz5751 Год назад
said he bought the car while the inventory key tags were still on the keys LMAO @6:00
@DaveDolphinOK
@DaveDolphinOK Год назад
Yeah, I’m not sure why they didn’t take those off. I had to cut them off myself 🤔
@slnz5751
@slnz5751 Год назад
@@DaveDolphinOK no way LMAO. someone somewhere messed up
@fmih
@fmih Год назад
How much did Carmax pay you?
@DaveDolphinOK
@DaveDolphinOK Год назад
100,000 tacos
@richricogranada9647
@richricogranada9647 Год назад
Carvana is better option to buy, sell, trade in. I’m a big fan
@artfordlowery490
@artfordlowery490 10 месяцев назад
Midlife Crises purchasing a sports car 🏎 a car that you don't need but want???????????
@Pinkkermit17
@Pinkkermit17 Год назад
CarMax is over priced. Been looking on their site and the cost of used for many of the cars is more then the 2024 car I ordered. I didn’t even have to haggle they asked why I waned to buy the FWD, told them it was cheaper then the AWD, the dealer told me he would give me a discount to match the FWD price,, and that was it.. less then MSRP , no added fees beyond the $299 adds for admit fees… and it comes in 3 weeks.
@lobowynnTV
@lobowynnTV 8 дней назад
Even if your credit was perfect car max ripped you off
@shawnkay5462
@shawnkay5462 10 месяцев назад
Big downside is its overpriced.
@juanshaftpatel7488
@juanshaftpatel7488 3 месяца назад
hyandai for a mid life crisis car:? sad
@DaveDolphinOK
@DaveDolphinOK 3 месяца назад
My midlife crisis car was actually a Pontiac Grand Prix GXP ten years ago. It had the 5.3 V8. Once I got that out of my system, I switched to a Nissan Altima…
@juanshaftpatel7488
@juanshaftpatel7488 3 месяца назад
@@DaveDolphinOK Altima? are you a blk baby momma?
@bobsacamano7653
@bobsacamano7653 Год назад
you should name this video you've been scammed
@garfield8900
@garfield8900 Год назад
Carmax adds 100% to the actual value when they sell a car.
@larimorehenley6472
@larimorehenley6472 Год назад
I don't know what the exact margin is for CarMax, but most retailers of any product buy their product at 45-65% of what they sell it for. The difference is called "margin" which is not the same as 'profit." The margin is what covers the cost of keeping the lights on, paying the associates, paying rent, marketing costs, shipping, insurance, etc. As someone who worked in a small business for over twenty years, I learned (unlike what thought before) that margin is what puts food on the table and keeps the business functional to serve the customers. The same principle applies to big business as well.
@steveoh5281
@steveoh5281 Год назад
If you bought from Carmax, you probably paid way too much and/or have bad credit and had few options.
@shaystern2453
@shaystern2453 Год назад
if you said this you probably work for a dealership
@steveoh5281
@steveoh5281 Год назад
@@shaystern2453 Nope
@truckerkevthepaidtourist
@truckerkevthepaidtourist Год назад
Look into the CarMax way It's not what you think it is this isn't JB byrider or section 8 R Us or buy here pay here crap.
@steveoh5281
@steveoh5281 Год назад
@@truckerkevthepaidtourist True, but you still paid too much.
@doughacker8941
@doughacker8941 Год назад
Agree on paying too much but I think this might be a better option than going into a used car lot and get eaten by sharks. I would say if you know nothing about cars then buy here in your budget and get the extended warranty. You will then at least have reliable transportation while you are paying off the loan.
@MiniatureMasterClass
@MiniatureMasterClass Год назад
No way a Hyundai lasts 10 years. You'll be lucky to get half that.
@rushmoresociety2577
@rushmoresociety2577 Год назад
You're living in 2005. They are insanely good nowadays
@johnfranklin5277
@johnfranklin5277 Год назад
Such a stupid comment. Do you think they could stay in business if thier cars didn't last way past 10 years? I live in Southern California and see early 2000s mid 2000s Hyundai and kia cars on the freeways all the time.
@jduey2396
@jduey2396 Год назад
Carmax aside, he bought a Hyundai as a midlife crisis car? The crisis will come when the engine catches fire.
@rushmoresociety2577
@rushmoresociety2577 Год назад
@@jduey2396 no, that's Toyotas
@oldcop18
@oldcop18 Год назад
You’re doing 90 MPH AND blogging at the same time? Guess you don’t mind putting everyone on the road in danger. Too bad you didn’t get a speeding ticket, you sure deserved one.
@OhiChicken
@OhiChicken Год назад
Username checks out
@aa777flyer
@aa777flyer Год назад
Carmax prices are generally higher than what you can negotiate at a traditional dealer. They have the highest gross profit per unit unit in the industry. $299 for a doc fee is insane! I have NEVER paid more than $85 for a doc fee. Carmax is for uneducated idiots!
@carlos_marcello
@carlos_marcello Год назад
Totally agree. Also, if you haven't pulled a carfax chances are you bought a vehicle in an accident.
@samkitty5894
@samkitty5894 Месяц назад
Their cars are overpriced to start with. You may think you are getting a good deal, but you are not. Do your research...
@spammerscammer
@spammerscammer 24 дня назад
Well sorry to break it to ya but the dealerships charge more.
@spammerscammer
@spammerscammer 24 дня назад
MSRP on a 2024 Civic Si is 30k and the three dealerships I went to want 34,35 and 38500 after market adjustment.
@samkitty5894
@samkitty5894 24 дня назад
@@spammerscammer The rape continues...
@BlackYellow07
@BlackYellow07 11 месяцев назад
How these parasites wake up every morning
@cptobvious8428
@cptobvious8428 Год назад
Very dangerous purchasing from these outfits. Folks not getting titles, close to bankruptcy
@DaveDolphinOK
@DaveDolphinOK Год назад
That’s definitely the Carvana story which is why I ultimately avoided them. But I never really found that to be true for Carmax… at least the sketchy title part.
@truckerkevthepaidtourist
@truckerkevthepaidtourist Год назад
You're thinking the carvana not CarMax carvana does that they've got very low ball schemes unfortunately
@alsierra10
@alsierra10 Год назад
That's Carvana. We purchased from Carmax in 2017 and were very pleased with our purchase. Was as painless as smooth as the video documented. I have excellent credit so secured my own financing but they still offered my 2.95 interest at the time.
@Avatar7x7
@Avatar7x7 Год назад
Carmax are Crooks !!!
@DaveDolphinOK
@DaveDolphinOK Год назад
?
@apfyang
@apfyang Год назад
Why and whats your experience?
@jasperdilincoln2341
@jasperdilincoln2341 Год назад
Back in 2017 I was searching for just a pre owned car, didn't want an SUV. Couldn't find what I wanted. Was talking to a friend who told me to try Carmax. Found what I was looking for a 2014 Toyota Camry SE Sport. Took about 5 days since it was coming from another state. Purchased the car within 3 months starting having issues with the car. Carmax Couldn't find the problem. Took it to 3 Toyota Dealerships same thing. One day was vacuuming back seats noticed it was loose pulled up the seat and there was trash all under the back seat. Kids toys, dried up cereal, Crayola pens etc. Took pictures and emailed Carmax. Told me they could give me a $25 Voucher for detailing the car🤦‍♂️😆. Still having issues with my 2014 too much to go into must have been a flooded car. In 2019 decided to look for something. Tried another Carmax at a different location. They gave me the most for my trade in. I got a 2018 Toyota Camry LE, after a Month starting noticing weird things, from the engine , and Electrical glitches. Had a fender bender in 2020. The shop told me the noticed I had a previous frontal accident. I said this was my first accident. They told me my car was in a previous wreck. With all of that being said. Carmax buying process is smooth sailing. You will find what you are looking for. But never again will I get another purchase from Carmax. Two Toyota Camry with issues and my 2010 Chevy Impala was more reliable.
@shaystern2453
@shaystern2453 Год назад
what a crybaby
@jasperdilincoln2341
@jasperdilincoln2341 Год назад
@@shaystern2453 everyone's a crybaby when you spend money and the product doesn't workout like it's supposed to.😄
@apfyang
@apfyang Год назад
Did you check the carfax to see that it was in a reported previous accident?
@jasperdilincoln2341
@jasperdilincoln2341 Год назад
@@apfyang yes, and it wasn't on there. It was not reported. Carfax isn't always accurate. Or people being sneaky don't report things.
@stuartkidney3257
@stuartkidney3257 Год назад
YES, further proof that adults with a 6th grade education CAN BUY a car at CARMAX and adults with a 9th grade education WORK at CARMAX and can figure out how to sell a car with little drama. < shocking! > Yet another reason why NOT to watch YT videos and why NOT to ever visit car dealerships, lol.
@DaveDolphinOK
@DaveDolphinOK Год назад
Then why are you watching this video?
@shaystern2453
@shaystern2453 Год назад
and listen to spew from people named after a body part
@stuartkidney3257
@stuartkidney3257 Год назад
@@DaveDolphinOK ​ @shay stern I will keep it brief and to the point. Proverbs 1;7 and Proverbs 23:9. And yes, I've been around the car industry a good chunk of my adult life in the USA and Latin America; both foreign and domestic.
@garyzeinner6768
@garyzeinner6768 2 месяца назад
Overpriced by thousands...who would vuy a car there. Only people with bad credit
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