CARMAX is Killing the Used Car Market!

[@rickmcsheridan4949]

Consumers have the power to stop this madness. Stop buying these overpriced vehicles. It would bring manufacturers and dealers to their knees in six months' time.

[@lancastergerard]

But people are irrational buyers and want that big shiny truck they always wanted but couldn’t afford and now they can get approvedr for a loan.

[@CharlesCurran-m9p]

But…but…I have to impress strangers on the street. Who cares if it gets repoed in 6 months, the government will bail me out.

[@CharlesCurran-m9p]

@@geocam2 No sympathy for the banks but no one holds a gun to your head to sign a high interest loan. People today lack basic financial literacy.

[@dakotaslt232001]

They can no longer afford the madness. The start of the big collapse is among us.

[@antoniotula262]

In the auto and housing markets, this is a huge part of inflation. Too many people continuing to pay ridiculous prices. Repos and foreclosures follow, and this part is not politicians fault.

[@puffpai1027]

Former Carmax employee here and I’d never buy a car from there . They price their cars on average about 2k over typical retail market value because of the “experience and confidence” . And anyone who’s worked in the service department there knows how many POS cars they are selling to customers . So many people come back after a few days or weeks of purchasing with mechanical issues that were missed during production. And yeah they sell a lot of cars that have been in accidents , they sell it as long as it doesn’t have damage to the frame but of course those frame damaged cars slip through the cracks and get sold to customers

[@jamslam5641]

💯 Scamax sold me a 🍋and refused to repair it or even acknowledge there was a problem. They had the car for weeks and claimed it drove as it should. So I went on a drive with the mechanic and it literally broke down in 2 minutes! Bunch of lying crooks!

[@Hemond1]

Been shopping a Buick Envista. Carmax wants more for a used '24 with significant miles, than the price of a new '25. Now I understand why. They are floating loans to challenged credit buyers.

[@HiPlains1]

Because they control their own financing. Sub prime lender every day of the week and twice on Sundays. shysters.

[@asadianbelifont3875]

I’ve bought 3 cars so far from CarMax. The first time was because I was trying to build credit and they were the only ones willing to finance me. I paid that loan off but went back to get a car for both myself and my wife. We just financed through our credit union that time. All in all we prob paid $4k more than we would have for all. Are combined if I were to go to other dealerships, but CarMax is FAR better to deal with that any of these other places

[@davidmartin3988]

Good channel dude. I’m glad I found it. I am 44 w twin boys who are 14. 2013 tundra paid off and I’m giving them a 2013 Chevy volt that’s paid off. Trying to show them the way to be smart w their money. Thanks for the content. I share it w them. David from Oklahoma

[@UntamedMotors]

Thanks a ton for the support, Davis. The best type of vehicle is a paid off vehicle! =]

[@holeinjuan1644]

My thoughts are - I’ll probably never step on a CarMax lot. There are alternatives.

[@UntamedMotors]

@@holeinjuan1644 it’s certainly not an ideal spot if your wanting a good deal. 👌

[@shawnkelly695]

Im 50 and never been to car max. Buy private. In person with cash.

[@jbro800]

All dealerships are close to the same unfortunately.

[@SeanLi-i7n]

Being able to approve loans may just get them more repo down the road. High price + high rates means high payments and high defaults later.

[@Acc0rd79]

If you get turned down for a loan, you either need to lower the price of your car range or just not buy anything period and work on your credit by paying off your debt and saving cash for a cheaper car. I had to recently take a personal loan for some repairs that came up that were an immediate need to fix and I hated every second of having to sign that 12% loan but it has to be fixed. I had zero loans and didn't want to even take a loan. The older I get the more I shy away from bills and although I love cars to no end, I am sick of always owing someone or a bank money.

[@npa2468]

I'm sure you got hosed on parts and labor for your repair. Mechanic shops are struggling, and they all say they are honest and lie. Because most car owners have no mechanical or technical knowledge about their vehicles.

[@marcvivori1561]

Locally in Richardson, TX the Toyota dealer is advertising new Tundras for $8k off and 0% financing for 72 months. I still don’t like the engine but they’re starting to make deals.

[@jerry021501]

Austin here and the Toyota dealer in my area park lots of Tundra. I guess people stop buying it bc the engine failed issue recall and passenger-side front and rear tires recall recently. I don't think the new gen of Toyota has good reliability

[@mjg1544]

The only way I’d buy Toyota today is if they went to a 5/60 warranty like Kia/Hyundai. Or at least match Lexus’ 4/50.

[@dave3657]

I’ve bought several vehicles from CarMax over the years, none of which were financed through them. I did my homework, looked at prices and the Carfax report, and actually had two vehicles shipped from other states. Both one owner low mileage vehicles.

[@1verybadcow]

Me too. I was willing to pay slightly above what I wanted just to be in and out in 30min. Every dealership car I bought I sat there until dark, never again.

[@UntamedMotors]

I do believe it's possible to find a great deal at Carmax, just takes doing what you did. Some additional homework.

[@johnwright4456]

@@UntamedMotors I did a lot of homework on the car that I had shipped in but it was basically a deception and so I did not take it it’s a shame though they tried to pawn off a car I mean that undoubtedly had frame damage if every panel is mismatched in the gaps are all wrong and there’s overspray in three or four different kinds of paint on it pretty obvious that this car is probably got a washed out title that’s been washed because it’s going to for auction houses in its history which I found out I didn’t lose any money on the deal that’s the good news

[@barryraven4745]

I feel sorry for those that have to have a vehicle now. The prices are insane. For instance, would you rather buy a new 4Runner, drive it for 100k and sell it for 15,000 less than new, or be the guy who buys it with 100,000 miles for $40,000? So first 100k for $15,000 or second 100k for $40,000. But if you don’t qualify for a new vehicle you have no choice. Except to not buy a 4Runner and maybe buy a Corolla. Never buy a Toyota used if you don’t have to. They don’t depreciate enough to justify it.

[@nitemoves3157]

I saw an auction earlier this week. Someone paid retail for 2 Honda civics and a 21 Lexus ES350. Not what you should see at an auction

[@portagepete1]

and the buying fees are over $1,000

[@jcmac1313]

Because they will in-house finance it and repo it 10 times. Pure scumbags.

[@mike-uw6wt]

I bought a used car from Carmax in 2022 with 20k miles and have had zero problems. The car is mint.

[@AkA-ik2dv]

What car did you buy and how much did you pay for it? Just curious.

[@mike-uw6wt]

@@AkA-ik2dv 2018 Mazda 6 turbo engine and loaded. Paid around 27k. Every car was inflated in 2022 so I did ok.

[@swlancaster1964]

As a Carmax fan and employee 30 years ago I see a huge difference in quality. Crappy bodywork, dents, previous accident damage. They stand behind them but don't disclose work they did on site. The Maxcare warranty is great and I do plan on buying a vehicle from them when I retire. I don't want to be stuck with a vehicle I don't like and there I can exchange or return it. I will be covered bumper to bumper for 150k odometer miles. You just can't beat that.

[@davcuts2897]

The best thing about CarMax is their car appraisal. They offered me $11,000 for my 14 Corolla last year. I then tried to buy a 21 MINI from them and they wanted $400 a month. I was able to get a brand new 24 MINI for just a little more a month. I got 3.99% with BMW financial, CarMax was nearly 25%. The MINI dealership also matched what CarMax offered me for my Corolla. I did like that if you buy a car from CarMax they will let you bring it back in three days if you're not happy with it. Other than that you might be able to get a new car for what CarMax offers.

[@jamslam5641]

It's 10 day return but used to be 30 days.

[@remyd8767]

Carmax is so much more pleasant to deal with than the legacy dealers. No hassle, no 4 squares. I've only used to selling cars to them. I hate legacy dealers.

[@UntamedMotors]

I do appreciate their "no pressure" approach. Definitely something to be said about that. =]

[@portagepete1]

I don't think you get out much.

[@remyd8767]

@@portagepete1 with 2 little kids, hard to find time to escape. You're right lol. I'm lucky if i could go to the movie theater with some buddies.

[@wantsanewvehicle]

Screw carmax.. I purchased a vehicle there, returned it shortly after in the same exact condition and bought another one (after waiting for my $30k down payment to clear and the vehicle- which I had paid $1k to transfer arrive at my local store) which I was also not happy with and returned shortly after. At this point I had made my mind up that I would do some more research so that the next purchase would be my final one as I was going to be 100% sure that it's what I had actually wanted before purchasing. After the second return I was told by the manager that they'll NEVER do business with me ever again (meaning they will not buy a vehicle from me, or sell me one..I'm not even allowed to test drive). Both vehicles were returned in the same shape, so it's not like I damaged them or anything. Pretty shitty on their part to advertise a return policy and then if it's used when you're not happy with a $85k vehicle to ban the customer permanently for life..yeah, RIP.

[@wantsanewvehicle]

@@geocam2 If I purchase a $85k vehicle I want to be dang sure I'm going to be happy with it. The selection, ease of the whole process, and return window were the whole reason with going with carmax. I could understand if you kept buying and returning or damaged the vehicle in someway or something, but I even made it clear before the second return that I would not be purchasing another vehicle right away as I didn't want to have to return anymore and would make sure the next one I was going to be happy with before purchasing it.

[@wantsanewvehicle]

@@geocam2 k

[@mike-uw6wt]

I would ban you too. It’s not Hertz.

[@user-zs1fr7im6l]

DON'T BUY ANYTHING FROM CARMART -- USED CARS COST MORE THAN YOU CAN BUY THEM NEW !

[@docholliday2961]

On Hondas , Toyotas , Mazdas , over 100,000 miles you better ask for a recent proof that they had replaced water pump complete timing belt kit and serpentine belt because if they haven’t you’re looking at around another $2,000 dollars out of pocket or face the consequences of engine failure if you don’t know that major service is being done at the 100,000 miles like it supposed to 👍

[@mike-uw6wt]

Mazda uses timing chains not belts.

[@donaldist7321]

what's another 2k, if you are stupid enough to buy a 2016 CRV with 100k miles on it for 17k? When we arrived in this country, we bought 2 five year old SUVs (Touareg and Cayenne) an paid 16k and 20k. We still have them and they are great.

[@omgnothingisavl]

One benefit of CarMax is their warranty is good. You can add three or whatever years of coverage vs other used sales where you can't add that.

[@jamslam5641]

Scamax refused to honor my warranty for weeks. They denied there was any problem until they saw it with their own eyes. They are crooks!

[@frankwhite6512]

Watching CarMax go bankrupt sensational

[@pbshooter100]

It would help the market immensely if they did

[@frankwhite6512]

@@pbshooter100 perfectly said

[@bluethunder9102]

Hey man I gotta eat too😂

[@jtalonrider4769]

Cand carvana

[@frankwhite6512]

@@jtalonrider4769 ?

[@dannycarpio5519]

I have small BHPH dealer, and we have been selling so much September and October, it feels like tax season lol

[@UntamedMotors]

That's great to hear! Congrats. =]

[@malcolmar]

This is just crazy. So glad I am not in the market for a new car. Even happier I have finally paid off one of my cars and own the title. Who we have in the White House has a huge impact on all of this. I really hope people are paying attention and vote wisely or nothing will change and in fact things may get much worse.

[@davidthomason6876]

May, you mean Will !!!

[@malcolmar]

@@davidthomason6876 Agreed!

[@jeffreycheng5984]

Whoever is (S)Elected as the next US president, Jeffrey Epstein will be the real winner. Birds of a feather flock together. Jeffrey Epstein. Ghislaine Maxwell. Bill Clinton. Donald Drumpf. Bill Gates. Elon Musk. RFK Jr. Jamie Dimon. Larry Fink. Stephen Schwarzman. Alan Dershowitz. Prince Andrew. King Charles III. US Supreme Court Chief Justice John G. Roberts Jr. Ehud Barak. Joe Biden. Hunter Biden. Camel Toe Harris. George W. Bush. GHWB. Sheldon Adelson. Miriam Adelson. Peter Thiel. Benzion Mileikowsky. Sean P. Diddy Combs. Barack Obongo. Jared Kushner. Hellery Clinton(Trump's 14th cousin according to genealogists). Klaus Anal Schwab(WEF). Anthony Josef Mengele Fauci. Melania Knavs. Pfizer CEO Albert Bourla. Murray Rothstein. Harvey Weinstein. Andrew Tate. Oprah Winfrey.

[@jeffreycheng5984]

The real winner is Jeffrey Epstein.

[@jeffreycheng5984]

"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins. "Give me control of a nation's currency, and I care not who makes its laws."- Mayer Amschel Rothschild.

[@mercinak655]

great video and explanation of why carmax is so successful. If I had a dollar for every video that said carmax is done / crashing, I could go out for a nice meal at Mc Donalds.

[@UntamedMotors]

Thanks a ton for the support! Much appreciated.

[@JustAverageJeff]

MSRP is supposed to be $27k so $37k for used is crazy.

[@UntamedMotors]

I couldn't agree more!

[@mikeyID]

I really enjoy the information Untamed 💯This vehicle market is a roller coaster ride

[@UntamedMotors]

I really appreciate your consistent support, Mike. Thank you.

[@user-cj7dv2kc6d]

Appears carmax still fleecing their customers.

[@ChristopherSmith-rn4wd]

Carmax has probably the highest repo rate with approving people thru their own bank. They are learning a valuable lesson as we speak.

[@UntamedMotors]

@@ChristopherSmith-rn4wd that’s a fact 👌

[@cheftomsd]

Couldn't find a car to buy during Covid, lots were empty so ended up leasing a Corolla sight unseen. 3 years later I wrote a check to Toyota for $13k to buy it; CarMax offered me $20k. The car has 6,700 miles on it.

[@2chuck]

Sounds to me like CarMax has found a pretty good niche for now because of their Buy here-Pay Here Policy. Of course that could come back to bite them big time eventually with Repos. I sold a 3 year old Camry to them once and it was a quick and easy transaction, I had my check in less than an hour, and I feel like I got a fair price.

[@AmandaHugenkiss2915]

The way new cars are now with all the unknown problems cropping up, I'd only buy something several years old where you can research problems with that model. Then very carefully inspect it. Go private seller if you can.

[@sues3218]

Our family has done that for many many years, and it has always been great for us. We pay cash through private sales, and have not had car payments in 20 years. Since we do know how to fix our own cars, even drop in a new engine if needed, that helps when purchasing since we can inspect the cars ourselves. The newer stuff is overpriced garbage now-a-days and I wouldn't touch it. It is not worth getting into debt up to your eyeballs for a car payment. (Just sayin')

[@curbozerboomer1773]

@@sues3218 You are so right!...I have been buying cars for many years, mostly from private party folks...I always tell them , after agreeing to a price, that I will pay cash, but need to take the car to my independent mechanic, for complete inspection. Usually, there are a few things that need attention--so I use the estimate on repairs, to negotiate some more, telling the sellers that I need them to help me pay for the repairs, by dropping the price somewhat more, so I can make the repairs. Most folks are amenable to that. If not, then I walk away (prior to getting the repair estimate, of course!). Usually, I get the sellers, to pay for 50% of the repair bill. It seems like a fair way to go.

[@louisstennes3]

The CarMax business model: buy cars at auction or private sale-recondition and detail-sell-finance-repossess-repeat.

[@UntamedMotors]

Haha that's the ugly truth.

[@portagepete1]

It's just used cars from new car dealers that wanted them off their lot, then Carmax marks the price up even more.

[@SM-if4nz]

Dave Smith Motors in Kellog Idaho is advertising Chev Silverado 2500 for 48k brand new. They are the biggest dealership west of the Mississippi, so they deal in huge volume

[@curbozerboomer1773]

Years ago, Dave Smith Motors developed a good reputation, I remember that my sister bought a nice, GMC Denali, used, for a good price, about ten years ago. She had to drive over 400 miles from Seattle, to get there...but it was worth the drive. Still driving that nice truck, with now 180 grand miles on it!

[@ronhamm]

Carmax and any other used car dealers are free to price their vehicles at any price point they choose. The market will weed out the contenders and the pretenders!

[@pbshooter100]

And the people who over pay will either make their ridiculous payments or work to avoid the repo man

[@SM-if4nz]

What is your take on buying used cars from a rental car sales place close to international airports? I bought a nice Mustang from one back in the 80's. Pretty low miles, good condition at a fair price. Now days it seems like rental cars have a huge stigma to them. Back then they didnt keep them for more than a year or 30k miles.

[@curbozerboomer1773]

In late 2020, I bought a 2019 Kia Sorrento, from a rental car place...22,000 miles, and it had been leased for over the lst six months of it's life...excellent shape, new tires, AWD and the no longer offered by KIA, big 6cyl, offering 293hp. Had a 100pt inspection, etc. So, I took the plunge, and financed it, at $22,000 price. Paid it off in 2 and a half years...The vehicle has been flawless, and now has 74,000 miles on it...I plan to drive it for a few more years...from what I have heard, I could sell my SUV right now, for the price I paid for it, over four years ago! I might be buying a EV in the near future, for a 2nd car--or I might not!..2025 is going to be a strange year for autos, and for EVERYONE, thanks to MAGA fools. Good luck to all!

[@SM-if4nz]

@curbozerboomer1773 Too bad you had to ruin a good story by bringing politics into it.

[@MrDarrylR]

I watch financial markets daily. The Fed controls short term interest rates, but not long term ones. The Fed cut the the targeted Fed Funds rate (interbank loans between banks) 75 basis points already, and longer duration Treasury yields _increased_ in response. The "bond vigilantes" who fear future inflation, now dominate the credit markets, so car loan and mortgage interest rates are likely headed upwards. The policy of the incoming administration promises to renew the fiscally ruinous (for the federal budget) 2017 tax cuts, which probably means consumer interest rates will climb for the foreseeable future. I think Carmax and especially Carvana are pretty screwed going forward (they won't be able to market their subprime car loan portfolios, once delinquencies rack up), though its not _yet_ time to bet against their stock price. Maybe in a few months when the 10 year treasury hits 5%.

[@YaGottaLuvIt]

I always say stick with the major auto dealerships for a used car, if you can. They tend to be pickier about the quality of the cars they sell, plus they're usually more apt to negotiate prices.

[@UntamedMotors]

Couldn’t agree more. Good advice. 👌

[@jamslam5641]

I actually got a much lower price at Carmax. The problem is Scamax refuses to honor their warranty if there's ever a problem.

[@YaGottaLuvIt]

@@jamslam5641 Exactly why I bought my used car from my local Ford dealership. Shortly after I purchased, the car developed an oil leak from the rear main seal. Had it not been for the extended warranty I purchased, I would have been thousands out of pocket. Basically the warranty paid for itself already, and I even got a brand new loaner car for the duration of the repair.

[@curbozerboomer1773]

@@UntamedMotors New car dealers will only take very good used cars in trade....and the other, less-good trade-ins, they wholesale to the used car lots. A few years ago, I helped a guy from another country, to look for a good used car, for around 10 grand...We found a a really nice, upscale Civic, with 50,000 original miles...the dealer was asking $9,900(this was like eight years ago) but settled for $8500 cash. It was a great deal on an excellent car--the dude is still driving it. You just have to be patient, and do some homework.

[@Greysprunkiyay]

Bought three vehicles at CarMax in the last 8 years. Nothing but great experiences and seriously don’t blame them for floating a loan to people with shitty credit. At least they’re providing the opportunity

[@dmimcg]

You voted for Bidunce didn't you? HOw did we know.

[@UntamedMotors]

I'm glad you've had positive experiences. =]

[@cheftomsd]

The only Focus to buy is with a manual transmission. The automatic is defective and been recalled, however don't think even Ford can fix it.

[@rodterrell304]

Thanks for the information. Looks like a new vehicle is out of the question for a while.

[@johnwright4456]

Carmax buys from fleets, auctions, and occasionally the people. I have evidence that they wash the title of damaged cars and improve the accident report about them. They refunded my $600 shipping fee just to get me away from the dealership as I categorically demonstrated mismatched body panels, several mismatch paint attempts. Car was immediately shipped to new location. I looked up another car that was similar. Accident report as well. Several auctions in its history. They buy bad cars and move them through several states to clean up the title. They refunded the UN refundable shipping fee to avoid the lawsuit. Proof.

[@UntamedMotors]

Man that is just wild... smh. No regard for the customer.

[@FrysGIRL]

How were you able to find out the real history besides using CARFAX?

[@johnwright4456]

@@FrysGIRL I asked them for the report about the car when you look them up online it gives you a report but what happened is the report was not nearly as severe as the damage that I actually found in person the report was minimize the data probably a lot of unreported damage and what was reported was under reported and so in accurate and basically was very suspicious when I got to the dealer after I had paid to have it shipped here it took her an hour to get the thing out to me and I asked her what she was doing and she said she was cleaning it and it was filthy with road dirt so obviously they couldn’t get it started and all the panels were mismatched and the gaps were just awkward it it was really sad it was a beautiful car that had been rude and I’m certain that they washed the title by moving it from Auction house to Auction house it went through like four different four or five different states before it got here due to auctions and it’s pretty obvious to see what they do I sold cars to them and my cars were perfect compared to the car that they offered me it was a huge insult and way over priced I’m not sure any part on that car would be usable because of the electronic gremlins that probably happened from being T-bond from whatever severe accidents it has been in during its life

[@Veterans-e2c]

People aren’t buying new because like you said a lot of people won’t qualify. Banks are not screwing around anymore. Carmax is taking a huge risk with people with subpar credit and a high risk of a repo. So what would you do?

[@mikebridgeline3275]

Anyone knows how much should I pay for a 2021 ram 1500 Big Horn? 😁😉👍

[@brucesn6414]

Hi there, I need some advice here. I missed my opportunity to buy a brand new 4Runner TRD Off-road. Now it is too late, dealers don't have them new. If they do have, they come with crazy markups. What is the best option/ place to buy low miles 2021-2024 4Runner. I'm even considering salvage options from Copart / IAA. What is your thoughts? Should I wait till spring 2025?

[@FullsendOffroad]

I'm begging that prices come down. I'm so close to finding a good conditon 200,000 mile 2010 Army Green FJ Cruiser. Dream car.

[@SassiBerri]

Thumbs up! - Useful content!

[@thefranz5276]

Ususally I only use carmax for their quotes to buy a car of mine. Take that to a dealer and use it. The Golf R makes sense a bit though being an R.

[@Griswold20]

The pro you shared has less than 10K miles a year being a 2019. When it was new it was close to 50k. Seems like a fair deal. In addition financing wise. They have big name lenders that they use. And CarMax has no control who those companies approve, there isn’t a finance person in that building. Carmax’s has a lender company they own, but that is only for folks with top tier credit. Do more research my friend.

[@chrismasey6959]

Yeah, i was listening to this like ummmmm...

[@UntamedMotors]

@@Griswold20 you think a 6 year old 4Runner is worth $2-3K less than its original MSRP? 🤔 interesting. Carmax has a lot of control of who they can approve. They have their own backed loans. So, take your own advice please… smh 🤦‍♂️

[@Tunup1017]

You must work there or are very gullible. I worked there briefly and left cause they’re trash all around.

[@libertyman3729]

As long as people are having accidents and car's are in poor condition not worth to fix people are going to by car's. That said, Prices and intrest rates are still out wack for the average consumer. The only thing that's going to change this is a boom in the economy. 🇺🇸

[@CharlesCurran-m9p]

I don’t understand the sub prime finance market. Loaning money to people with bad credit for high rates is just asking for trouble. People with bad credit didn’t get that way because they always pay their bills.

[@quinnlogsdon8483]

I just want a realiblie crew cab.

[@MuniTechnology]

I'm still daily driving the new car I bought 15 years ago.

[@kane6106]

Unfortunately, some people still need a car. I'm sure they can't afford new (or get the loan) and so Carmax is going to rip them off because no one else will finance them.

[@veronicaserrato9827]

Hi, carmax want to buy me my 2021 Toyota 4Runner SR5 premium. What do you think?

[@badkid73]

Carmax customers have subprime credit. These customers cannot get an auto loan at a regular dealer and have few choices. Carmax makes its money financing to people with poor credit.

[@duanepredhome6523]

I went to Car Max looking for a car, opened some doors and everyone of them stunk. I mean bad. Walked away right then!!!!

[@anthonyroberts6839]

Went there and they wanted 28%, crazy.

[@UntamedMotors]

Absolutely insane. wow.

[@jamslam5641]

I feel much better about my rate now. 🤣🤣🤣🤣

[@anthonyroberts6839]

@@UntamedMotors that's very predatory behavior, went some were else go 12%.

[@AmandaHugenkiss2915]

That 2015 Corolla at $17k is super expensive. KBB on that is something like 8-10K my mom just got on with 56K on it. That thing is certainly not worth anywhere near $17K.

[@markt7291]

The Mazda has the best engine in its class. Good cars.

[@curbozerboomer1773]

Toyota, Honda, then Mazda...all three are very good...Subaru is also strong...the rest are just OK.

[@DarlowMaxwell]

They offer a warranty where regular dealers don’t.

[@UntamedMotors]

Great point to add. Thank you

[@jamslam5641]

But try to get Scamax to honor their warranty. I couldn't for weeks even though my car was a lemon and kept conking out on the road. They kept lying and claiming it was running perfectly!

[@AlphabetBoxing]

People with good credit aren't getting denied car loans 😂, people with high debt to income ratio, and potentially prior credit issues may be denied

[@eduardomartinez-bp7of]

I am glad Already paid off my car

[@lvl76hobo11]

Save the money, forget the credit score

[@hawkinsjd11]

The Golf R is in range.

[@JayJay-sk3iu]

Carmax’s stock will go down the drain when all of these risky car notes go sideways

[@Nate_G_SD]

10:50 Wow, that's the same price as a NEW Model Y. Crazy.

[@stephenkern5784]

I have had good experiences with Carvana.

[@brandonxiong1940]

We consumer has the power....Use it or loose it.😮

[@PC-cs5wp]

The Ford Focus cost ONLY 14k NEW??????

[@rodmeisterful]

Great presentation, totally makes sense, thanks.

[@UntamedMotors]

Thank you for the kind feedback, I really appreciate that! =]

[@targadave]

We just sold our 2012 Subaru Forrester with 83k miles to Carvana for double the dealer trade in offer, 33% more than the Carmax offer, and probably at least 25% more than we could have gotten selling it on our own. Accident free, well maintained and clean running but it did have some typical bumper scrapes , dings and scratches. The Carnava rep said they completely recondition the vehicle, so I’m guessing they have a well defined business model on what models/years/mileage are most profitable. It definitely made our selling process easier!

[@mjg1544]

I hate to be that guy but…..We’ve sold 3 different vehicles to Carmax over the years and got a much better price than the low-balling dealerships were willing to give towards a trade. Sometimes $2-3K more.

[@jamslam5641]

Scamax offered $1000 for a car I wanted to sell. I laughed at their offer and kept it. Several years later it was totaled in an accident and got $3000 settlement.

[@mjg1544]

@ it’s not for everyone. Our vehicles were in excellent shape with new(ish) tires.

[@littlestinker9716]

The $44K 2016 RAM 3500 Tradesman has been wrecked and badly repaired. A new Silverado 3500 crew cab long bed WT 4x4 diesel dually is $66K before discounts.

[@jaypassarella1392]

Glad I live next to a cemetery. I don’t care if neighbors are not impressed by the old car I drive

[@Zeneyeth]

The best way to shop Carmax is to buy one that has just come off a lease. One-owner, regular oil changes and services, documentation, etc. Everything else is junk. Secondly, Carmax is in the business to make money. It is the consumers job to do their due diligence to find the condition of a vehicle. Carmax uses AutoCheck which is crap. Buying a Carfax report is worth the money if you find exactly what you want. The reason Carmax crushes it, and will continue to do so, is also because you don't have to deal with an incompetent used car salesman. Walk in, fill out the paperwork, walk out. They have good deals, you just have to be smart enough to find them.

[@justinstiff5641]

I've never seen a 1794 in that green

[@kyulee2758]

7:24 why not just go buy a new one? cause new ones are near 70k dollars.

[@SCARFACE69247]

3:04 A new 2024 xlt is $26,000. WTH?

[@izzydaman2231]

I paid 29k plus tax for my brand new 2024 Vw Tiguan and VW is offering 0% interest rate, carmax is way too over priced

[@kptsalty9446]

I enjoy the nod to The Grim Adventures of Billy & Mandy.

[@BobRooney290]

they want $55k for a 3 year old toyota? they must think people are completely stupid. lol!

[@UntamedMotors]

@@BobRooney290 absolutely ridiculous 👌

[@lilklondikeoutdoors4116]

Bought a brand new 2024 RAV4 for my daughter. Paid 30

[@MarkSmith-js2pu]

Car max hasn’t cured their title problems either last I heard.

[@joejukofsky5537]

CarMax puts stupid money in their trades or purchases. I lose trade ins to them every week. They are what's killing the used car market.

[@FocusedHands]

Shout out Ford Focus!

[@ToddRamer]

Stop buying from hedge fund car dealerships autonation and carmax, for example!!!

[@Plow-b1x]

I love car max

[@geeodom2150]

why buy the gti when the rav4 is cheaper and more reliable and more space

[@vitaliandreistanila566]

Have been in a market for a 2.5 gen tundra for the past year. Carmax is a joke compared to private seller and tundra groups. They want their weight in gold

[@epdugas]

Sell it and people are there to buy it. Let them do what they Gotta do. People have to decide on their own whether they can afford a car or not don’t blame Carmax because people are stupid.😂

[@nycmaverick]

Carmax profits are up so is their operating capital.

[@Getusom]

I’ve never looked at a car at carmax that wasn’t wrecked….i hate that place

[@UntamedMotors]

You're not alone on that. It should never be a preferred spot to buy.

[@jcmac1313]

Zero Effs Given for these slimy, greedy, crooked, car dealerships and lenders.

[@mjuberian]

Nope those 1" gaps are just the shoddy Toyota workmanship and drop in quality and dependibility.

[@jamslam5641]

I got a car from Carmax at a wonderful price (under wholesale). But that's where the positive ends. The car turned out to be a 🍋🍋🍋🍋🍋 and I've had great trouble getting Scamax to honor their warranty. For weeks they lied about its condition saying it's running as it should and refusing to fix anything. Finally they admitted there's a problem when I took their mechanic on a ride and it practically conked out on the road and they are now fixing it. But I am not optimistic that those incompetent azzhoIes will repair it properly or that the car will be trouble free.

[@UntamedMotors]

I’m really sorry to hear that… sounds like a huge headache. =\

[@JustaRemf]

Good info, right?

[@TC-dp3vv]

That is all consumers’ fault

[@Utvolsch]

The great reset or recession has started in the auto industry. Ridiculous pricing. Not just Toyota. Most all are in trouble. Good enough. I have decided to wait to buy. I have loved Toyota for a long time. Lost faith in them. The 25 Nissan frontier looks good for the price however interior is lacking and resale value is aweful. So I’m going to just wait to buy

[@JimRatcliff-g5z]

Not interested in big truçks . 😢