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Carmax buy price for 2017?

3345 Views 21 Replies 8 Participants Last post by  bro1999
Anybody have any experience selling Carmax a 2017 LT? I'm wanting to get a price from them as a potential easy way to get out of my lease since I am moving and the cost to ship the car is pretty high. I know it's best to just go there but where I live there isn't a Carmax nearby so was wondering if anybody had an idea of what they pay before I drive an hour.
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I got a quote a couple of months ago on my $35k MSRP Siren Red '17 Volt LT with 5k miles....they offered $20k. :eek:

Luckily I found a person to take over my lease, so I offloaded my Volt that way.
Oddly enough, that is about right if you take a look at it from their point of view. 35k MSRP discounted 5k, minus 7.5K tax credit=22.5K And CarMax has to make some coin for their risk. Actually, I would consider that to be an extremely fair offer.
Carmax in Indianapolis offered me $21,000 today. 2017 LT with 6100 miles. So obviously won't be taking that offer.

When I talked to GM regarding the lease they said that if I move then the policy just shifts to the new state and I have to transfer the lease to somebody in the new state.

The issue for me is in California the leases are way less to begin with so my $299.91/month lease is not attractive vs. just leasing a brand new one. In my area though my lease price is really good so hopefully I can just find somebody local to take it over.
I understand. Of course you would like to have more, and it doesn't help your situation, but here is the real question.

1) How much would you pay for your car KNOWING that you had to make money off it?

That price from CarMax is extremely fair.
The thing is that once I'm in CA I could re-lease a Volt or Bolt for far less than I'm paying now so the equation includes not only the shipping cost but the monthly savings over the course of the lease.
I see your thinking. That does make it difficult. Good luck with whatever you decide.
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