“Trust is at the core of why CarMax exists,” said Shamim Mohammad, the company’s Chief Information and Technology Officer. “We brought integrity and transparency into the car buying process — and we made the process very simple and easy.” Having first disrupted the automotive retail sect...
Using the basic information you provide and considering other factors, CarMax will instantly generate an online offer or written offer for your car that is good for seven days. The other factors CarMax considers include market trends, the demand for your specific make and model and the car's ...
Buying a new car would be a good option to consider if you are planning to own it for a while, Feek said. However, he would not recommend buying a new car right now with the current inflation of car prices. If you are a recent college graduate and or a first-time buyer, it is m...
The 20/4/10 rule is extremely helpful in determining your buying power, which is a crucial component of the car-buying process. What is buying power? In a nutshell, buying power is your ability to, well, buy things — not just what you can pay in cash, but what you can afford if ...
CarMax Auctions is a good place to meet up with professional dealers and communicate with them. If you want to know the value of your cars, this is a great location to find out. Finding Value in Salvage Determining the value of your salvage car is time-consuming, but it can be well-...
Even if you’re interested, you don’t need to decide on an extended warranty the day you buy your car. Good manufacturer-backed plans can be had years after your vehicle’s initial purchase date. More car-shopping reading: New-Car Shopping Tips: Phase One, Getting Started ...
The first step is toestimate your car’s trade-in valuewith online pricing guides. It’s a good idea to consult trade-in values from multiple pricing guides, likeKelley Blue BookandEdmunds. These appraisal tools ask for additional details about your car. Be sure to include all the car’s...
How to Finance a Double-Wide With Bad or Good Credit One of the best things about financing through CarMax is the three-day payoff program. If you find a better rate at any time, you can use the loan to pay off your CarMax Finance loan with no penalties. ...
Most used car classified ads are boring, don't contain enough information, and are missing good photos of the vehicle. The classified ad is the first impression buyers will have of your vehicle. Present it well, and the car sells itself. There are some great online resources that will show...
2. Being “basic” has its benefits:Going with widely popular models has an added advantage when it comes to buying a used car, Drury said. “Buying mainstream, high-volume models almost ensures you’ll be near a dealership or repair shop that is familiar with your model and has replacemen...