Rules for selling cars to CarMax:
1) Always check KBB dealer trade-in before visiting CarMax. At most, they'll give you 10% over book.
2) Always try to sell the car privately on your own before resorting to Carmax.
3) Use Carmax as a last resort, and I mean only after you've exhausted all of your options.
Here's the most important part: once your vehicle is appraised, you have 1 week and 300 miles to decide. Should you come back 1 week + 1 day or 301 miles, they will give you a supplemental offer which will be significantly lower than the original offer.
That's why I said use Carmax as a last resort. Once you get an offer, either sell it on the spot or keep the car for a long time. If you come back for another offer, the second offer will be much lower.
Most people don't know this as they have not dealt directly with Carmax.
Otherwise, if you just want to get rid of a car quickly, then Carmax is a good way to go. Just realize you will take a hit in the value.
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