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  • Report:  #353612

Complaint Review: Carmax - Davie Florida

Reported By:
- miami gardens, Florida,
Submitted:
Updated:

Carmax
carmax.com Davie, Florida, U.S.A.
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
me and husband took our truck to sell it to carmax. appraisal was extremely too low. was no where near what street value is. and then when they give the check, it's not a check it's a bank draft. So you have to be forced to deposit that draft and then wait 3 to 10 day before it's cleared. One goes to sell the car knowing that you need the money and get stuck with this. Including my uncle took his van somewhere else and got more money than expected and in cash. no need to wait for anything. also when you call to speak to the person who took your information and did the paper work, they do not return your phone calls or messages at all. so now they've lost customers and we are not planning to recommend no one. they are the lousiest people to deal with. If I would've known this I would not have even bothered.

Rosy

miami gardens, Florida

U.S.A.



2 Updates & Rebuttals

Bigtwistee

Converse,
Texas,
U.S.A.
So where is the ripoff?

#2Consumer Comment

Mon, July 28, 2008

If you wanted 'street value' for your car, then why didn't you sell it on the street? It is naive to assume that Carmax (or any dealer) would offer to purchase your vehicle for the same amount they would ask from a retail customer when re-selling it. If you didn't like their offer, why did you accept it? Carmax invested the time and resources needed to evaluate the condition and history of you vehicle and research it's market value based on demand. They provided this information to you at no charge, and gave you the option to reject their offer and use this information to help you determine a realistic asking price if you decided to sell it yourself 'on the street'. In addition, all the details concerning the transaction are printed on the appraisal paperwork, including the fact that payment will be in the form of a bank draft. The time that your individual bank takes to process a bank draft has nothing to do with Carmax. If you think your bank is too slow, then complain to your bank, don't blame Carmax. When I sold my truck to Carmax I received a little more than the KBB trade-in value, and a little less than what I would have gotten from an individual. Because my time is valuable, I chose to accept their offer, rather than sweat test drives and take a bunch of phone calls asking about the vehicle. I deposited their bank draft on a Thursday, and by the following Monday the funds were available in my account.


Been There Done That

Ashburn,
Virginia,
U.S.A.
What?

#3Consumer Comment

Wed, July 23, 2008

So where exactly is the rip-off? You sold them a truck and you expected to get a bunch more money for. Look at any dealer lot these vehicles are not selling some dealers are actually refusing to buy them or trade them, period! Read the news with gas prices over $4/gallon people arent buying these therefore dealers cant sell them therefore they dont offer much for them. You had the choice to walk away and I think they also explained the bank check to you and at that point you could have walked away again. They do this to ensure there isnt any issue with the legitimacy of the title. I endured this as well but instead of wasting time callin carmax rep not sure what they could do, I verified with the bank after a day or 2 the status of the check. If the check had cleared their end your bank can verify that over the fone and they can release the funds. Problem solved.

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