How many CarMax locations are there?
228 CarMax store locations
Visit us at 228 CarMax store locations nationwide.
How much does CarMax make on each car?
Bright spots on gross profit CarMax couldn’t sustain its long streak of earning between $2,200 and $2,400 of gross profit per vehicle, but managing to post $1,900 per car constituted a win considering the collapsing sales volumes.
What does CarMax do with the cars they buy?
CarMax will reportedly buy cars that are damaged and even have salvage title cars. For cars with extensive damage or a salvage title, CarMax will then sell that car to an upcoming dealer auction.
What happens to cars CarMax cant sell?
CarMax fixes up all vehicles it receives before selling them, so you are generally guaranteed to purchase a new-quality vehicle from them. It may also be a good idea to use CarMax even if you do not plan on buying a new vehicle. CarMax will purchase vehicles from people who do not intend to buy a new one.
Is the CarMax auction open to the public?
CarMax Auctions is open and upfront with our wholesale customers. We make major mechanical announcements on vehicles that we know to have evidence of a bad motor, transmission, 4×4, front and rear differential, etc. CarMax Auctions also discloses any known title brands.
Is there a CarMax store in Orlando Florida?
No-hassle buying and selling, plus a 30-day money back guarantee (up to 1500 miles). Looking for more to do? You can shop cars in Orlando *CarMax delivery is available within a 60-mile radius of select stores.
Can you test drive a car at CarMax?
Unfortunately, our facilities do not have the space to test drive the vehicles. CarMax announces known major mechanical conditions on its vehicles and recommends that a dealer verify mechanical condition before removing a vehicle from our lot. How do I register for CarMax Auctions?
Do you have to pay shipping fees for CarMax?
Please contact your nearest store for details. Applicable store-to-store shipping fees are due in advance of vehicle delivery and are separate from sales transactions.