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Carmax Appraisal

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Old Aug 26, 2013 | 09:34 AM
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Default Carmax Appraisal

I'm entertaining thoughts of trading my 08 CPO MM with 53k miles on it for a newer 2010 or 11 F. My car still has nearly 2 years of CPO warranty and only mods are genuine black pearl emblems and a Joe Z exhaust. I realize Carmax could prob care less about the value of the exhaust and any other upgrades on a car. They appraised it and report said 2008 IS-F in excellent condition with no issues found and they gave me a $31,000 offer. I did not take the offer in case anybody is wondering.
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Old Aug 26, 2013 | 09:51 AM
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What part of FL are you in?
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Old Aug 26, 2013 | 09:55 AM
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I am in the Tampa/St.Petersburg area
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Old Aug 26, 2013 | 09:57 AM
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Was going to say that the Carmax here down in south Florida are horrible. You'll get more if you trade it in at a Lexus dealership.
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Old Aug 26, 2013 | 10:00 AM
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Yea I was just getting a starting price before I go to Lexus dealer, my dealer hardly ever gets Fs in, I have them looking for me but they haven't found anything I want
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Old Aug 26, 2013 | 11:28 AM
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Carmax is THE WORST. I have purchased three vehicles from them and two of them were involved in some sort of accident that was not on the carfax. One of the vehicles was hit so bad they took the car back a month after me buying it. I dont know what kind of show they're running there, but I will never buy another car from them again.

Take the IS-F to the dealer. They will appreciate it much more and give you more money for it w/o question. And you have more leverage bargaining with that towards one of their other CPO 2011's...

Good luck!
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Old Aug 26, 2013 | 11:36 AM
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Carmax is a joke, really don;t get people who go there...
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Old Aug 26, 2013 | 02:53 PM
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Carmax is a joke, that being said the local Lexus dealership here keeps sending me offers in the mail to buy my 08 with 48k on it for 33,000 towards a new IS250 F Sport!!!


No thanks
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Old Aug 26, 2013 | 03:54 PM
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i actually had a great experience w/ carmax. (i purchased my F from a local carmax.) i think i just got really lucky. the guy who i got paired up with was awesome. he was an older gentleman who had a good relationship with the head mechanic of that branch office so, before i even decided if i wanted the car or not, carmax refinished 3 of the wheels that were slightly curbed, changed out the rear brake pads and rotors and fixed up some other cosmetic issues. it took about a week for them to take care of everything and the whole time, they held the car in my name. so, after the fixes, i could then decide if i still wanted the car or not. we also sold my wife's previous is250 to the same carmax for way more than any of the 3 lexus dealers we went to.
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Old Aug 26, 2013 | 04:59 PM
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Found a 2011 at a Lexus dealer in driving distance from me but it would be a bit of a drive, over the phone they started at $29,500 for my car and I immediately told the guy no, he called back a few hours later and upped it to $33k and I told him no again, they also want $50k for their 2011 and claim they won't budge off that price. Will see what they say tomorrow when they call me
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Old Aug 26, 2013 | 05:19 PM
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carmax will def NOT lower their price. that's just their thing. gl man.
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Old Aug 26, 2013 | 05:20 PM
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$35,000 to $37,000 on trade if it is in very good to excellent condition.

If you sell it, $40,000 to $41,000.

As a point of general comparison, I bought a daily driver on Saturday to cope with the winters in the Northeast and paid $27,000 for a 2007 RX 350 with 49,000 miles. This includes a 4-year warranty. The car is like new--owned by an older couple for town shopping. The leather does not have one crease.
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Old Aug 26, 2013 | 05:51 PM
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Originally Posted by RCM83
Carmax is a joke, that being said the local Lexus dealership here keeps sending me offers in the mail to buy my 08 with 48k on it for 33,000 towards a new IS250 F Sport!!!


No thanks
LOL, thought you were going to do it.. then i looked down.
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Old Aug 26, 2013 | 06:23 PM
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What would u guys offer dealer on a 2011 CPO with 30k miles? It has alpine interior, not sure if that detracts or attracts buyers, they are at $49,900
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Old Aug 26, 2013 | 08:46 PM
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Originally Posted by cremaster
carmax will def NOT lower their price. that's just their thing. gl man.
I got 3K off the price of mine at CM, but I work there also.
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