Carmax
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Anonymous
| Is it worth bringing a 16 year old car with LT 100K miles on it to CarMax for an appraisal? My other option is donating it. I know CarMax can offer more than a dealer but I am wondering if they have any interest in a very old car. It runs well but has a collection of minor issues. |
Anonymous
They'll buy anything. Older cars that they don't want to sell to customers, they'll sell to third parties. |
Anonymous
They are a dealer, and will hit you at below wholesale. |
Anonymous
| Yeah, why not - it's a no obligation offer. |
Anonymous
| Also, why is the only other option donating it? You don't want to hassle with selling it? A 16 year old car with 100K miles wouldn't be that hard to sell at the right price. Low mileage. |
Anonymous
| Assuming it's been well maintained that's a prime candidate to sell on your own. CarMax will buy it for auction. There are plenty of sites out there to estimate sale or trade value . You'll get what $200 if you donate? |
Anonymous
| Not interested in putting the time in to sell on my own. Maintenance records are spotty. Lots of minor quirks. Thanks for the feedback. |
Anonymous
| If you donate you don't get the full amount, you just get a tax write off. |
Anonymous
Like all donations..correct! |
Anonymous
|
Take it there and then take it to a regular dealership. You will see Carmax is a huge difference.
I took in my 2001 Toyota Camry with a tank of water in the trunk, with over 100k miles. They gave me $3k. I also took that same car to a regular dealership and they offered me $500. |
Anonymous
| You can get more top dollar selling it yourself but it takes effort and you have to deal with the wierdos. CarMax is pretty fair on pricing... |
Anonymous
Yes, but you'd be amazed at the people who don't understand this. They think $500 from Carmax and a $500 donation are the same. |
Anonymous
| You can't hurt anything by taking it for an appraisal. Once you have the numbers then make a decision. |
Anonymous
|
Report back if you do sell it. I have a Honda in similar condition. It has some cosmetic issues, but runs great. We've gotten regular maintenance and no quirks at all. It's just old!
I'm curious what I could get for it because we're thinking of upgrading to a newer car. |
Anonymous
| I will report back.. |