Carmax is the New WalMart....there largest used car dealership in US. Corporation worth Billions!!
Profit margin is insane, Carmax make 4-7k per car on there lot...don't believe me? Go appraisal your car at Carmax and look up same vehicle on Carmax website...you will see $5,000 differents. I personally track over 32 cars by vin number vehicle I purchase from customer...2-3 weeks later vehicle online selling for huge profit. Sales person get $150 commission...Carmax pay there employee like Walmart...there cheap as ***...most vehicle over 70 mileage or over 6 year can't qualify for Bank loan or credit union (ex.
Navy Fed). I really feel sorry for people who buy cars from Carmax, they over pay for vehicle at cost of simplicity.
Product or Service Mentioned: Carmax Loan.
Reason of review: Not as described/ advertised.