Car Trade In Value Carmax

Vehicle history is an important factor in determining a car s value.
Car trade in value carmax. Getting your car appraised at carmax is quick and easy. Sell your car to carmax today. Kelley blue book told me my car was worth anywhere from 6 000 as a trade in to 8 000 via a private seller. In addition to taking a vehicle s year make model mileage location and condition into consideration carfax history based value is powered by vehicle specific data that s unique to carfax and tied directly to each car through its vehicle identification number vin.
At carmax i was able to get 7 000 for my car which i received immediately by check. I know kbb does not sell nor buy cars so it is a made up number but how much of a hit should i expect between the two. These criteria include the vehicle s history current condition make model year mileage and desirability in the market. To give you an example my car according to kbb is worth between 26 000 and 23 500 it averages to 25 000 ish on their little graph.
So off i trekked to carmax mostly just to see what they would offer me. If you re looking to sell your car you ve got options beyond trading in or selling your car privately. Carmax will buy your car. We contacted carmax s corporate office and carmax dealerships in alabama georgia north carolina south carolina and virginia to confirm this information.
Those who have traded in their cars to carmax how much did you get in comparison to kbb. We ve heard from customers that private car sales can take longer than selling a car to carmax. However if you sell your car to a dealer like carmax or carvana or trade it in on another vehicle you will receive its wholesale value which is always lower. Changing the way you get used car values.
In fact the appraisal process and the offer carmax makes for your vehicle will be the same whether you decide to sell or trade your car in for a new one. Enter your vehicle info to receive a cash or trade in offer. However your carmax offer may be lower or higher than the kbb estimate because carmax uses its own data and inspection process. Get the kelley blue book value for your used car or trade in vehicle find tools to help you with buying or.
Wholesale values and trade in values are essentially the same thing. When a used car is sold by a dealership it is always priced at its retail value. Look up the nada used car value and also check your car s.