Buying a Car from CarMax

Carmax is an one-price car dealer that allows you to purchase vehicles with no haggling. The company policy requires that dealers offer one set price so there is no bargaining or bidding involved. Shopping for a car with them is almost as easy as buying smaller ticket items at a department store. The disadvantage to the no-haggling policy is that if you find something you like and suspect there’s a…
Read more...CarMax Financing: A good deal?

Before customers walk into a CarMax dealership, they may wonder about their financing options. As the Federal Trade Commission points out, with the average price of a new car equaling approximately $28,000 and the price of a used vehicle equaling $15,000, most people need financing to purchase a car. They offer customers quotes from multiple lenders and then, if customers accept the offer, they still have three days to find…
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