Keyword Analysis & Research: carmax car sales used car

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Frequently Asked Questions

Are CarMax cars really worth the price premium?

Yes, the cars are ostensibly in good shape and can include generous warranties, but many buyers wonder about the several thousand-dollar premium they command over other used cars. Here are a few examples. In Colorado, CarMax is selling a 2016 Toyota Highlander XLE with 26,000 miles for a no-haggle price of $32,998.

Why is CarMax so overpriced?

It sells more than double the used inventory than their nearest competitor and they make significantly more money doing so. The primary reason for this is simple—most people are overpaying. A report by Automotive News shows just how much farther ahead of the field CarMax is compared to other major pre-owned retailers.

Does CarMax sell good used cars?

Yes, CarMax will buy your vehicle if it has 100,000 miles on it. However, CarMax will not sell it to customers; instead, they will sell it to used car auctions with very large discounts.

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