lease return.. need help
06-17-2010, 06:06 PM
#16
Yea but there isn't a huge market for a 30k dollar used 3 year old car. It's a very specific market and moves pretty slowly. If you can sell it on your own obviously you would likely get more, but sometimes your time and effort are worth more than the difference.
06-17-2010, 06:55 PM
#17
Arm flailing tube man
CarMax is a rip-off. If you sell it private you'll get thousands more fro your car. CarMax tries it best to give you the lowest price. If they see a MOD thats not stock/oem you lose money right of bat. But some MODS they dont see because they dont overlook every single thing. Also if you have an insurance record that shows the vehicle was in an accident you get 1,000-2,000 less of bat! Its a quick way to sell your car if you can live with the bluebook value purchase. I lost over $4,000 on my car selling to CarMax, but the tranny was breaking (haha they dint see that, bastards!!!!) and that would of cost me about $7,200 to replace. So I guess i came out ok.
Just my humble opinion.
06-18-2010, 09:31 AM
#18
Registered User
When you look up used cars, there is Retail (aka private sale or what a dealer will sell for), Wholesale and Trade In prices. Only been this way for say .... the last 30-35 years.
06-18-2010, 09:46 AM
#19
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Actually carmax offered me 25k for my g37 whilst one of the dealerships i went to offered only 17k. That is a HUGE difference.
Selling privately can be a hassle too, which can sometimes take weeks or months to find a buyer and selling. I'm not saying carmax is giving me a good price, but i am taking a hit for the convenience of selling very quickly.
Selling privately can be a hassle too, which can sometimes take weeks or months to find a buyer and selling. I'm not saying carmax is giving me a good price, but i am taking a hit for the convenience of selling very quickly.
06-19-2010, 10:35 AM
#20
If you knew about the transmission problem and didn't disclose it at time of sale, that's unethical at best. You think you screwed CarMax, but you probably screwed the next owner when the thing finally failed right out of the 30-day warranty.
06-19-2010, 02:34 PM
#21
06-21-2010, 09:00 AM
#22
You didn't lose anything. You sold your car to a dealer for what they were willing to pay for it. If you wanted more, you should have sold it privately.
If you knew about the transmission problem and didn't disclose it at time of sale, that's unethical at best. You think you screwed CarMax, but you probably screwed the next owner when the thing finally failed right out of the 30-day warranty.
If you knew about the transmission problem and didn't disclose it at time of sale, that's unethical at best. You think you screwed CarMax, but you probably screwed the next owner when the thing finally failed right out of the 30-day warranty.
Now its up to CarMax to overlook this car thoroughly they didn't because it was located in a s**t hole section of Miami where its a Third World Country and hire anyone of the street. Poor managment the factor? Probably. Eitherway its there responsibility to do this right. They didn't and kudos to me for that. When you buy a car from Carmax it has a limited warranty.
I'm sure the customer who bought it never paid to fix it and Carmax did.
What are you a car Insurance agent?.. Please!
06-21-2010, 01:53 PM
#25
CarMax is a rip-off. If you sell it private you'll get thousands more fro your car. CarMax tries it best to give you the lowest price. If they see a MOD thats not stock/oem you lose money right of bat. But some MODS they dont see because they dont overlook every single thing. Also if you have an insurance record that shows the vehicle was in an accident you get 1,000-2,000 less of bat! Its a quick way to sell your car if you can live with the bluebook value purchase. I lost over $4,000 on my car selling to CarMax, but the tranny was breaking (haha they dint see that, bastards!!!!) and that would of cost me about $7,200 to replace. So I guess i came out ok.
You also forget that private sales are not bound to the same laws that a retailer is. Do you safety inspect cars? Do you change fluids? Do you have to change tires/brakes when they get past a certain point (Perfectly good ones that are still functional, but too worn to be on a car to be retailed)?
It's an option that you don't have to take. Some people will.
It's simply unethical to not disclose impending major failure.
06-21-2010, 02:51 PM
#27
Registered User
You also forget that private sales are not bound to the same laws that a retailer is. Do you safety inspect cars? Do you change fluids? Do you have to change tires/brakes when they get past a certain point (Perfectly good ones that are still functional, but too worn to be on a car to be retailed)?
It's an option that you don't have to take. Some people will.
It's simply unethical to not disclose impending major failure.
It's an option that you don't have to take. Some people will.
It's simply unethical to not disclose impending major failure.
Yes, there are lots of people in this world that are not ethical .... sadly.
06-21-2010, 07:46 PM
#28
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CarMax is a rip-off. If you sell it private you'll get thousands more fro your car. CarMax tries it best to give you the lowest price. If they see a MOD thats not stock/oem you lose money right of bat. But some MODS they dont see because they dont overlook every single thing. Also if you have an insurance record that shows the vehicle was in an accident you get 1,000-2,000 less of bat! Its a quick way to sell your car if you can live with the bluebook value purchase. I lost over $4,000 on my car selling to CarMax, but the tranny was breaking (haha they dint see that, bastards!!!!) and that would of cost me about $7,200 to replace. So I guess i came out ok.
Most people who lease generally won't be in a positive equity situation..well unless you had a bad lease.
I had an issue with my BMW, and just went to another dealer. They took 15 minutes and didn't ding me as hard as the 1st place. Always tell them you are looking to get a new car there.
06-21-2010, 10:03 PM
#29
and this is why you don't mod a leased car...
even if you kitted the car to look like a aston martin, they can still ding you for it.
i mean your lease is ending soon? you don't have a lot of options. swap-a-lease isn't going to work, you'd have to buy the car to avoid any of the potential fees.
i mean all that stuff is going to be expensive to replace if you can't remove.
carmax is going to do the same thing, they can hella rip on your car if there's the slightest imperfection. they valued my previous car 30% below what I ended up selling it for. Though carmax won't say it's a big deal, they're already starting you off below blue-book.
even if you kitted the car to look like a aston martin, they can still ding you for it.
i mean your lease is ending soon? you don't have a lot of options. swap-a-lease isn't going to work, you'd have to buy the car to avoid any of the potential fees.
i mean all that stuff is going to be expensive to replace if you can't remove.
carmax is going to do the same thing, they can hella rip on your car if there's the slightest imperfection. they valued my previous car 30% below what I ended up selling it for. Though carmax won't say it's a big deal, they're already starting you off below blue-book.
06-21-2010, 11:10 PM
#30
how did my question go off topic ? all i wanna know from the people who were in the same position when you fixed or removed something from your car and called them up to check did they just come in to deduct the cost or did they also reinspect the whole car?