CarMax Loan Review from Sherwood, Oregon
CarMax is the new payday loan! Extremely over priced.
And when I tried to pay off my car and get the title(to sell it), they said just go in and pay the balance. They said the title will be mailed the next day. Call in the next day and they say oh sorry it will take 5 days to clear even tho it was paid with a debit card. I said I can send you a bank statement that shows the money was transferred to you, plus thousands and thousands more.
Sorry that Doesn't matter.
If you are paying cash and you don't mind paying way over a reasonable price then CarMax isn't too bad. If you have any sense however, go someplace else
Reason of review: Problems with payment.
Location: Sherwood, Oregon
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Comments
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This is no different than any other car finance company. CarMax is not a buy here/pay here lot. Do your research before blasting a business on normal business practices.