3 REASONS to AVOID Buying from CARMAX in 2024

41,795
0
Published 2024-02-08
CARMAX is screwed... unless they take drastic measures. In this video I talk through the 3 Reasons to AVOID buying a vehicle from Carmax. New and Used vehicle prices are spiraling downward right now... and Carmax isn't keeping up. They have failed to drop prices enough to remain competitive. The car market is crashing before our eyes right now, and the numbers prove it. If you've been on the fence on buying a new vehicle, patience will prove to your benefit, I'm confident. Wait until we get deeper into 2024, you'll save thousands!

Let me know your thoughts, did I miss anything? Would you agree? As always, I sincerely appreciate you watching and supporting the channel. If you haven't already, please consider Liking and Subscribing, it helps tremendously! Thank you!

-Stay Untamed...

#carmax #carmarket #usedcars #marketcrash

ENGAGE WITH ME ON INSTAGRAM:
@untamed_motors

All Comments (21)
  • @JR-pr8jb
    ANYTHING is better than the hassle of a regular dealership, their haggling nonsense, etc.
  • Lot rot in 45 days? I've seen 'new' cars that have been on a dealer lot for a year.
  • @despoe
    Forgot to mention Carmax has 30 day 1500mi return/exchange window. And 90 day 4k mi limited warranty coverage. Have the car checked after purchased. As far as financing, you can bring your own. So you don't necessarily have to do financing in house.
  • @Cyberbronco
    How about NOT going into debt for your personal vehicle.
  • @Cyberbronco
    Carmax is one of the best places to buy a car. No high pressure sales tactics. No gun to the head sales managers. I have purchased 2 cars at my Carmax in Florida in the last year. I bought my 2020 Tundra with 30k there, right across the street from the Toyota dealership. You couldn’t pay me to buy a car from the sleezie dealerships. I love the 30 day return policy which I used in my daughters case. I love the 90 day complete warranty and their own extended warranties you have the option to purchase are the best I’ve ever seen. If you are upset that their prices are lagging the market on the way down you should be able to also appreciate the prices remaining lower on the way up.
  • I lasted 5 minutes into this video and could not disagree with you more. I have purchased a few vehicles from CarMax and will continue to do so. Point number one. Vehicles are not meant to be used like natural resources are. They are as needed. I am not going to get a sedan when I need an SUV or bigger. As for sitting, that might depend on the climate/location of the vehicle. The closer to the coast, this be become an issue with salt in the rainwater. Being in a desert has heat being an issue. If you notice, places like Texas and West have vehicles under shades. But the heat isn't that big of an issue since the roads will always be hotter than the actual temperature. Second reason. Finances. The cost of the vehicle should have already been taken into consideration. If not, you are not as prepared as you should be. As for using their financing, that is your call. Third. Why are you at a CarMax before you have done your homework? But then why would you buy a new vehicle?
  • @ajdavis74
    I just wanted to tell you that I only recently came across your channel and I love it. Thank you for all of the great info! Nice work and keep it up!
  • @JR-pr8jb
    I worked for 4 "regular" (i.e., organized crime) dealerships, and there were always a LOT of new and used cars that had been on the lot, never started, for months. Often, when we needed to move them, they had to be jump-started.
  • @RDSZ
    I only purchased very low mileage cars from CarMax, 6 so far and I think their prices are on par with regular dealerships. I really hate haggling at car dealerships.
  • @Emma-33
    10 day no questions asked is a big deal too
  • @alexgonzales8002
    cars not lubricating for sitting ver 45 days?. brother cars will not get damaged after sitting for a few months. worst case scenario battery dies tire goes flat and rubber gaskets gets worn prematurely.
  • @DesertbikerAZ
    Imagine Carmax reaction catching this guy recording at their lot!🤣
  • @mauro.6666
    Appreciate your suggestions to us. Thank you.
  • @jl6757
    Love these vids, great job!
  • @dmsmooth3531
    A brand spanking new one from the dealer by me was 47-49k. I’m not comfortable paying that.
  • @jordonisawesome
    I just bought a VW Arteon with 59k miles from CarMax for $21k at 7% interest. I put 60% down so didn’t finance the whole thing. It was actually priced lower than many other dealerships and 7% is a bit much in my opinion but it’s a lot better than the rates you showed.
  • @greatray6262
    Don't buy from any car broker. They are part of the problem of why vehicles are so damn expensive and not the solution.