CARMAX DISASTER! Their Car Lots Are OVERFLOWING!

In this video, we are at a Carmax dealership. They are loaded with inventory that most would say is overpriced, they have been struggling over the last few years because they have been known to overpay for inventory and they’re trying to fix that but it doesn’t seem like it’s working

[CowboyCookie]

You should do these types of videos at open houses 😂 housing prices are insane

[scratchguns]

More than 50% of Americans cant afford a $500-1000 emergency expense. What makes these banks and dealers think they can make a $500 month payment?

[Marshal_Dunnik]

CarMax be like, 2002 PT Cruiser, factory flame package, 200k miles, salvage title, $18, 999 or $399/mo.

[BlooveyMcgrady]

People act like 100k miles is nothing on a car.

[OldSchoolJules]

I just bought a 2024 Audi S5 coupe from Carmax last week. (They were the only dealer nationally that had the exact car I wanted.) had 3500 miles on it. I had my own financing in place. Their interest rate they were offering was 12%! I got 6% on my own. Insane.

[bluethunder]

I work at carmax part time (no bias I truly don’t care that much at all) but you’re wrong the best intrest I’ve seen recently from carmax is 5.99. Those monthly payments are just the price of the car with no down payment and monthly intrest rates. Challenge credit people could get worse (associated lender not carmax auto finance). Carmax auto finance is not a subprime lender. If they’re getting 22+ percent I promise they can’t get financing elsewhere so it’s that or a cash car 😂 which is better but people want what people want

[tommcguire]

Carmax, and carvana always charged more for their cars yhan what was normal. And it was successful because people were willing to pay more, to avoid thr garbage asses at the dealerships. What an inditement of the dealer system

[sayhitosteve]

Carmax needs to go the way of Circuit City.

[ficklefingeroffate]

A 2014 Murano (already 11 years old) with an offered 6 year loan? That thing will be ragged out and 17 years old when that note is paid? Nah.

[tonystark]

20%+ is credit card financing rates LOL

[bstanga]

I remember seeing them selling two year old used cars for more than the same cars brand new.

[webguy]

Me chilling with my paid off car zero debt. 😎

[doughooks]

You can find new Stingrays on lots now that are cheaper than this one. I have seen $15K off of new 2024 Stingrays. Crazy when they were $20K over at many places. It’s supply/demand and high interest rates/inventory driving it down. Love it!

[williamwyrmshard]

I was looking at carmax for a truck after mine got totaled, they were asking the same price I paid for mine brand new with almost 100K miles on it 💀

[jamslam]

I recently purchased from Carmax and got a great deal on a Honda. Plus the included warranty came in handy. I used to think Carmax was way overpriced but I have seen a lot of great deals there recently at least while I was shopping.

[NoDaysOff-ozzl]

Everybody can qualify for 22% interest. 😂😂😂

[rnadome-rtlj]

Recently was in the market for a used vehicle and I have to say CarMax is the worst I don't know how many times I saw them selling vehicles that are literally more expensive on a used car then buying a brand new one. Unbelievable! Do your homework!

[zhangray]

I bought my 2013 Ford Fiesta Se with 59000 miles from Cargurus, clean title, and I have driven for 3.5 years, the mileage is around 90000 miles now, no issues, I never expect my car can be sold over 6000$.

[somethingsock]

just because its carmax or a big company doesnt mean its gonna be good without inspection

[justjokinntokin]

A recent American dad episode had Klaus at a used Saturn dealership looking at a 1993 model for 8 grand I couldn’t stop laughing for about 4-5 minutes cause I thought that was hilarious till I watched these videos