what do i need to buy a car at carmax
GO READ MY COLUMN HERE! http://www.autotrader.com/research/article/car-video/256539/i-took-my-aston-martin-to-carmax-for-an-appraisal.jsp?
Is buying a car at Carmax a good idea? Will you pay more for a car at Carmax than a dealer? Here is some of my advice for buying a car at Carmax. I worked at .
Follow Me On Instagram https://www.instagram.com/life_of_palos/ ♫Music By♫ Track: BVRNOUT - Take It Easy (feat. Mia Vaile) [NCS Release] Music provided .
How much will CarMax offer me for my 2017 Camaro SS 1LE? Well here you go. Car Cleaning Discounts: Save 15% on your Adams Polishes order with the .
GO READ MY COLUMN HERE! http://autotradr.co/Oversteer I brought my Dodge Viper to CarMax for an appraisal. Here's what happened. FOLLOW ME: .
So I decided to take my car down to CARMAX for the Doug Demuro challenge and see just HOW MUCH they would low ball my crown victoria P71 for! I knew .
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I took Miley down to my local carmax to see what they would offer me for the car. Comment what you think the offer will be. if you think they even will make one .
Thinking about buying a car from CarMax? Check out this carmax review video to learn, how to buy a car from CarMax On this video about Carmax reviews, .
In today's video, we take the slammed pos Honda Accord to Carmax for an appraisal. JSR Stickers/Decals Here: .
I took my LS Swapped Porsche 944 Turbo to Carmax for an appraisal to see what it was worth. You won't believe what they offered! Subscribe to JR Garage for .
Read my Oversteer column about my Carmax history here: .
A "good deal" is nothing more than the customer's perception; CarMax makes double the profit on a used car sales conventional dealers make. Yet people rave .
Here's what happened when I took my Nissan Skyline GT-R to CarMax for an appraisal. (Doug DeMuro)
Here's what happened when I got my Hummer appraised at CarMax. (September 9, 2015)
ABC 20/20 undercover investigative report finds CarMax selling unsafe, defective recalled cars. CarMax advertises them as passing a rigorous "125+ point .
Here's a list of more cool cars with CarMax and certified pre-owned warranties: http://autotradr.co/Oversteer My Range Rover broke again! Here's the latest .
The truth behind Carmax, from an ex-employee of over a year. I was trained in multiple departments and they all treated me and everyone the same way. Please .
This is my video response to the "Took my Supra to carmax video" and I even read all your mean comments. ***Social Media Instagram: .
Supra shirts: http://sik2jz.bigcartel.com/product/sik2jz-supra-shirt Took my 1000hp Supra Turbo to Carmax for an appraisal to see what they think its worth.
1st experience with buying a used car with Carmax in March and April of 2017. We got a six year old 2011 BMW 535i. They had some newer 528i's but with the 4 .
Start at CarMax when looking to sell your car. Regardless of age, mileage, or condition, we'll buy your car even if you don't buy one o ours. We'll appraise your .
Hey Everyone! I will be showing you how to remove stickers and decals using a heat gun/hair dryer, micro fiber towel, spray bottle and a card. Music credits: .
GO READ MY COLUMN HERE: http://autotradr.co/Oversteer My Range Rover recently broke down again -- this time rather seriously. That means it's time for .
Learn Colors For Toddlers! Join the amazing adventure with Max the Glow Train, Blazin' Bill the Monster Truck, Pete the Truck and Toy Race Cars! Max is a fun .
Why To Never Buy A Car From Carmax
I purchased a 2004 Infinity G35 from Carmax on 10/27/2010. According to their website they perform a 125+ point inspection “Our technicians put every vehicle through a rigorous Certified Quality Inspection, checking more than 125 points to meet our high quality standards.” The car was pulling to the right and I brought it back for service on November 1 2010. I was told they would correct the right pulling problem, the seat and a light that was out. I received the car back on November 4th with the same issue that it went into the shop for which was a compression rod. I returned to carmax on November 6 and spoke with the general manager lance beckham. Lance assured me that I could deal directly with Infinity to fix the car. The car was then brought to infinity whereas they gave me a loaner car. The dealer checked the problem and reported back to CarMax that it was a compression rod. A quote was provided to CarMax and Lance said it was to expensive and to send the car back to carmax and they would fix it. I then went back to carmax and exchanged the G35 for a 2008 Acura TSX. I drove the car home and the next day my driveway was full of oil. I contacted carmax and they sent a tow truck to pick up the car and give me a rental. The service technician told me that the oil plug had not been screwed in tight enough when the car was serviced in Boynton Beach . The hands free was also locked and the car had to be sent to Acura to be unlocked. After I received the car back I contacted carmax to return the car. By this time the heated seats would not turn off and an alarm on the dashboard stating that the fuel cap needed to be tightened.
The car was returned to carmax on Friday December 3 rd 2010. I was told that my deposit of $1,500.00 dollars would be returned to me via check when I paid them by debit card. The other issue that I have is I still own a note on the car until carmax takes their time to send the money back to the lender. In the meantime I’m stuck waiting on carmax and having to pay for a rental car out of my pocket until this is completed.
iagree, carmax cars suck, not only the cars, but the employees, they put up with physical and mental abuse, especially the females, get no help or support from manageers, cause “she” just wantstolretie in peace, I, as an associate, have been physically assaulted, verbaly assaulted on a regular basis, I have learned to handle it all on my own, because my managers response to everything is always “:OH WELL’;, she just wants to retire in peace. All these activiities have taken place right under the cameras, I have asked for assistance, a sales consulant has even creeped behind me and cut my hair. the sales managers have laughed. Also, the cars NEVER gothru a125pointinspection, we have more returns than walmart, Carmax sells flooded cards from HURRICANE KATRINA , and blown engines. good luck
DO NOT SELL YOUR CAR TO THESE PEOPLE – THEY ARE TRYING TO RIP YOU OFF (I work in finance, trust me, I know!!)
So, I drove 3 hours to sell my 2006 Honda Civic SI – FULLY loaded, with GPS system and everything! I saw they were selling one similar to mine (without GPS system and several other features) for $17,998 in the same state where I live. As that is the same value I found at Kelly Blue Book, I figured somewhere around $16,000 would be a fair price for my car. Carmax could make $2,000 for doing a little bit of nothing – OK by me.
But nooooo… THEY OFFERED ME $12,500. That’s only 70% of the Blue Book Value, and a profit to them/loss to me of $5,500! The man that inspected my car told me how nice and clean it was – and what a beautiful car I have, and trust me, it’s a very nice, well kept car!! ***$12,500*** ARE THEY SMOKING CRACK??
Never do business with this place – they are crooks!! Run away… as fast as you can!
Ok I have read a lot of the complaints that are on here about CarMax and well after a month of working there I can truly say that they are a complete rip off! First they offer you a so called fair price on your vehicle. The reality is that they offer you way less than what they sell it for at a ratio on the dollar, basically if they offer you 5 grand they’ll sell it for 8,000. If they buy it for 11,000 they’ll sell it for 16,000, its a huge joke really. The other day an older gentleman came in with a 2007 Silverado with only 27k miles on it and he got an actual good deal getting 17k dollars for it because the car truly was immaculate. Six days later we turned around and sold it for 25,900. Ridiculous margin, this is just icing on the cake though. Then there are the auctions. The day after they bought that Silverado they went to an auction and bought 20 cars, mostly fleet vehicles. With an average price tag of 3-5k, they got a good deal. Once they hit the lot the average price selling was 12-15k! Ridiculous margins…
Now they say they spend 12 hrs with a 125point inspection examining there cars and reconditioning them for sale before they will even put them on the lot, this is the most ridiculous thing that I have ever heard and is a 100% falsity. In the service area they have rotations, once they have a dozen or so cars in the incoming inventory area they have a cleaning party, literally. To bad this party only lasts a few hours, the cars run through a gas station style car wash and comes out at the end with a line of people waiting for it. Each person in the services area rotates each time they clean to a new item to clean on the car, so one person wipes the windows and another vacuums, and then another picks up trash out of the vehicle. One person wipes off the hoods, one for one side of the car and one for the other side of the car. The reality is that not a single person gives any one vehicle any undivided attention. Notice I did not mention at any point any diagnostic checks or functional maintenance. There is absolutely no reconditioning going on here! The resulting level of cleaning is comparable to my 5year old son detailing the car. When a car comes in, it may be marked for new tires/oil change or to have a huge scratch fixed but otherwise there is no service done at all. As a salesman It is downright embarrassing, you lie to the customer and tell them how well refurbished the car is, and then you open up the door and the seats need shampooing and there are french fries in the center counsel on a 27k dollar vehicle. This happened to me today, and I cant do it anymore. Absolutely ridiculous….
Now something that they don’t want you to know is that 65% yes 65% of vehicles that they sell have issues within 90 days! And when customers bring them in for “extended service plans” the customer always ends up paying for a portion of the work going well beyond there MaxCare deductible. I was working with the Service Manager the other day and was told that the sales people needed to quit selling it, and that the deductibles should be completely removed because they were very misleading. He told me that 80% of his job was to deal with customers that were pissed because they were lied too! Absolutely ridiculous…,.
Its a scary thought to know that they sell 450K+ cars a year nationally and there customers are do discontent with there purchases. I will say though that as the market dictates and as consumers become aware, that the bull will give CarMax the horns. There parent company was a little company that we all know as Circuit City! If you remember there story, they went bankrupt after a huge expansion in 2009 and closed there doors. CarMax has just set out on the same mission, there planning on opening a new location every month for the next few years.. You think they would have learned there lesson the first time, lol.
To sum it all up, CarMax is a joke, stay away, far far away!
I worked at Carmax for years, and this is spot on!
The 7 Best Sites to Buy and Sell Your Car Online
The state of online car shopping is strong.
Over the past few years I've used the following four online services to buy a car. Here's how it went, followed by three other options.
I bought my 1998 BMW M3 convertible on eBay. Lesson learned: Make sure it's such a good deal that you're okay with any foibles undisclosed by the seller. So how do you know you're getting a nice price? Do an advanced search and look at the completed listings. You'll see what sold. Maybe even more important, you'll see what didn't.
TrueCar is a great tool for removing the mystery of the MSRP. Say you want a 2015 Chevrolet Silverado 1500.
For that truck, TrueCar has more than 10,000 actual -transaction prices that help you see what you should pay -(probably $2,000 under invoice). Be forewarned that if you do sign in and search a particular model, dealers
will begin calling you within about three minutes.
This is an aggregator that covers a number of the popular car-buying sites. The key feature, though, is Craigslist aggregation. I used it to locate and buy a truck that ended up being 800 miles away. And manually searching an 800-mile Craigslist radius is a little masochistic even for hardcore used-car junkies.
Cars.com is useful simply because it's so huge that it quickly exposes outlier prices—both high and low—thanks to the national sample size. It's also great for finding leftovers, since you can search new cars and then sort by oldest first. Did you miss out on the Pontiac Solstice GXP back in 2009? Not to worry, Malouf Buick GMC in New Jersey still has a new one. Although they're evidently not in much of a rush to sell it.
360-degree views reveal features and flaws. Most cars are delivered the next day, with a seven-day test drive. If you live in Atlanta, pick up your car at the eerie but fantastic car vending machine.
If you're selling, Carlypso comes to your house, inspects your car, and installs a device that lets potential buyers take (authorized) test drives. Available only in California.
If your car passes a 185-point inspection provided by Beepi, it will list and sell it within thirty days or buy the car from you. Buyers get a ten-day money-back guarantee.
This story appears in the July/August 2015 issue of Popular Mechanics.
Want to hear more from Popular Mechanics? Check out our podcast, and subscribe and comment on iTunes!
CarMax – further repairs needed - CarMax
Filed On: June 18, 2012
By: esther gaddis
carmax of east haven connecticutВ 121 frontage roadВ 06512-В В В further repairs needed additional extended warranties have been purchased at date of purchase 9-27-2011
purchased a dodge 2007 caliber from this dealership on september 30, 2011 1B3HE78K97D299110 vehicle identification number
the contract states cost of vehicle at $12,386 with manufacturer warranty still attached
additional purchas of $2,500 for 5 years of extended warranty in addition to manufacturer warranty still on this vehicle
every time service is performed on vehicle the vehicle owner will be charged $250 each time
transmission mount was first placed into order from carmax customer service center on june 7, 2012 on this service repair authorization and estimate form invoice # 74778 customer signature is early bird we dropped off the keys the night before june 6,2012
carmax ordered the wrong part or wrong transmission mount could not pick up the vehicle that day
carmax ordered a rent a car from enterprise rent a car center
attached to invoice 74778 is a limiited warranty paper
this paper states that this is only express warranty made by carmax. no other warranty of any kind is made unless expressly provided herein. all implied warranties applicable to the products and services warranted hereunder including he implied warranties of merchantability and fitness fora particular purpose are limited to the duration of this written limited warranty
i have no idea what that is saying does any one at the connecticut better business bureau understand what that means.
the problem with is car was a transmission mount?
the manufacturer warranty is still on the car at the date of purchase stated by carmax as 9-27-2011
carmax technician wrote on this invoice # 74778 squeaking or whistling when driving – heard from middle of car – heard when going over bumps – not from brakes
carmax technican wrote as the cause WORN TRANSMISSION MOUNT DRY CHASSIS BUSHINGS
ALSO NOTED BY CARMAX TECHNICIAN LYNN S. R ENGINE / NO START
total labor $189 parts $38.95 total charges $227.95
extended service protection zero dollars
extended service protection deductible zero dollars
manufacturer warranty zero dollars
customer charge zero dollars
sales taxes $12.00
sublet zero dollars
other zero dollars
total tax $14.47C
total fees $242.42 immediate debt from 2007 dodge caliber checiking account june 15, 2012
THERE ARE MORE REPAIRS THAT NEED TO BE DONE BY CARMAX ON THIS CAR YET CARMAX ON FRIDAY, JUNE 15, 2012 TOLD 2007 DODGE CALIBER OWNER TO PICK THE
VEHICLE UP FROM CARMAX CUSTOMER SERVICE?
THE REASON WHY HAS NOT BEEN EXPLAINED?
THE PROBLEM IS NOT FIXED i REPEAT THE PROBLEM IS NOT REPAIRED? THERE IS STILL A problem.
ENTERPRISE RENT A CAR IN SHELTON, CT SAID IF THE DODGE CALIBER OWNER DOES NOT RETURN THE RENTAL CAR BACK TO ENTERPRISE ON JUNE 15, 2012
THE OWNER OF THE DODGE CALIBER I2007 IN FOR REPAIR A CARMAX THE REASON FOR THE ENTERPRISE CAR RENTAL WILL BE CHARGED FROM FRIDAY, JUNE 15, AND FORWARD, CARMAX IS NO COVERING THE RENTAL PAST FRIDAY, JUNE 15, 2012?
Once again there is still problems with this Dodge?? I pay monthly for the purchase of this car? I paid carmax the price of the car on September 27, 2012 which included
registration, auto insurance, car registration plates, new titlle fees .
I received a loan from Sikorsky credit union and am monthly paying Sikorsky credit union, therefore, nothing is owed to carmax concerning this purchas nothing??
i have no idea watch this limited warranty is that carmax attached to thie carmax invoice 74778 june 15, 2012 none of us are attorneys we have no idea what this
limited warranty is referring to?
In addition, on friday, june 15, 2012 carmax said to make an additional repair service request which and be made on mondays through fridays no weekend mechanics
no weekend technicians available at all at carmax 121 frontage road in east haven, ct
once again we have a manufacturer warranty and purchased additioal warranty on september 27, 2011 why is carmax attaching to carmax invoice 74778 a limited warranty
with thiis vehicle on september 27, 2011.
what are these three different warranties now?
manufacturer warranty still on this vehicle told to us by carmax on the time of purchase 9-27-2011
on 9-27-2011 $2,500 added to the cost of vehicle noted as extended warranty dated 9-27-2911
now a limited warranty dated 6-15-2011
no charge from enterprise car rental on the 7 days long rental car rental period
we are not attorneys what does this limited warranty have to do with the
manutfacturer warranty still on this vehicle and the additional purchased extended warranty purchased
on june 7, 2012 when the 2007 dodge was dropped off for repair there were people working at carmax to have us sign the repair authorization
yet the repair order states early bird as the customer signature and the waiver of advance estimate as no more than $310 once again signed by early bird as
the customer signature
now this vehicle has to be taken once again and a new order for repair because there is still a problem the trans mission mount did not repeat did not correct
the entire problem
now a new order for repair is an additional out of pocket cost to owner of 2007 dodge of $250
the vehicle was ready for pick up wednesday june 13 and carmax needed to order more parts because the transmission mount did not fix the entire problem
there are more problems that need to be fixed
yet carmax had wednesday, thursday and friday during the same car rental week at enterprise to make these repairs and carmax did no t even order the parts during
wendesday, june 13, thursday june 14 nor friday june 15 what the car sat there for without further being repaired is still not known.
I myself stopped calling after tuesday june 12, 2012 THE REASON IS THERE ARE SO MANY VOICEMAILS AND EXTENSIONS AT CARMAX AND NO ONE ANSWERS THE PHONE
SO I CANNOT SIT A WORK MAKING THESE CALLS I AM WORKING MYSERLF DURING THE TIME CARMAX MECHANICS AND TECHNICIANS ARE WORKING WE BOTH OF US
HAVE THE EXACT SAME HOURS DURING THE DAY. I TRIED CALLING AT NIGHT TO GET A STATUS ON THE DODGE BUT WHEN I GET HOME FROM MY WORK THE TECHNICIANS AND MECHANICS HAVE GONE HOME AT LEASE ONE AND ONLY HALF HOURS AFTER I GET HOME AND OFF THE TRAIN I TAKE TO WORK
THAT IS THE REASON I STOPPED CALLING FROM TUESDAY ON?? ON WEDSDAY, THURSDAY AND FRIDAY JUNE 13,14,15 ADDITIONAL PARTS TO MAKE THE OTHER
REPAIRS ARE BEING ORDERED AND PLACED ON THE CAR YET THAT DID NOT HAPPEN AT ALL CARMAX DEEMED THE CAR REPAIRED BY WEDNESDAY JUNE 13TH
THE 2007 TODAY JUNE 17, 2012 SUNDAY IS PARKED HERE AT 46 SPRING STREET ANSONIA, CT 06401 AND IT STILL NEEDS FUTHER REPAIRS.
YET ON FRIDAY JUNE 15 CARMAX SAID THAT A NEW REPAIR ORDER COULD NOT BE OPENED UNTILL MONDAY JUNE 18, 2012
WHAT WAS THE 2007 DOGDE CALIBER DOING ON JUNE 13, JUNE 14 AND JUNE 15TH SITTING AT THE CARMAX PARKING LOT THERE FOR IS A MYSTERY.
THERE ARE PARTS AND LABOR YET TO BE DONE AND CARMAX REFUSES TO MAKE AN APPOINTMENT ON FRIDAY JUNE 15 ALL CARMAX MAKE IT
MORE PROFITABLE FOR THEMSELVES BECAUSE NOW THE CAR HAS TO BE RETURNED TO THEM FOR FURTHER REPAIR IT IS STILL BROKEN.
I WILL BE CHARGED AGAIN THE $250 WHEN THIS CHARGE SHOULD BE JUST THE ONE ON JUNE 15 NOT EVEN THEN THE $242.42 SHOULD HAVE BEEN
AN IMMEDIATE REPAIR BECAUSE I WAS GUARANTEED ON SEPTEMBER 27, 2011 THE 2007 DODGE PUCHASE THAT A TWELVE POINT CHECK WAS
DONE BEFORE PURCHASIN THIS CAR AND THIS 12 PONT CARMAX CHECK REVEALED THE 2007 AS SPANKING CLEAN OF DEFECTS.
iN THE NINE MONTHS OF OWNERSHIP $200 IN LUBRICATIONS AND OIL CHANGES, $260.12 ON THE FRONT BRAKE REPAIR ONE BRAKE REPAIR ONE BRAKE NOT FOUR ONE BRAKE REPAIR COST $260.12 ONLY WITHING THREE MONTHS OF OWNING THIS CAR AND CARMAX GURANTEED A 12 POINT CAR CHECK FOR ANY OF SUCH DEFECTS?
ALSO A PURCHASE OF TWO REAR TIRES COSTING $250 DATED JUNE 6, 2012?
FOR NINE MONTHS COST ON MONTHLY INSTALLMENT OF $215.34 PER MONTH AUTOMATIC DEBIT??
THIS IS INDEED A VERY VERY COSTLY ENDEAVOR CARMAX GUARNTEED THAT THEY WERE CHARGING BELOW THE KELLEY BLUE BOOK OF THE CAR
YET CARMAX CHARGED ME MORE THAN THE KELLEY BLUE BOOK COST LISTED FOR THIS CAR. ON SEPTEMBER 27, 2011 SO I GO FURTHER BURNED INTO DEBT!!
CarMax Warranty for the M3 Saved My Wallet
A few months ago, I wrote up an article showcasing my journey that concluded with my purchase of a 2012 BMW E92 M3 from CarMax. In that article I referenced the desire to purchase the M3 from CarMax due to their apparently great warranties. Little did I know that purchasing the additional CarMax M3 warranty would be one of my best automotive decisions………………of my life.
When I began to collect my thoughts on how to describe the following experience in an article, it was hard to not feel lot like Top Gear USA following the footsteps of Top Gear UK. Car enthusiasts on the internet know about Doug DeMuro’s popular CarMax warranty stories with his Range Rover as well as his CarMax trade-in attempts of crazy vehicles such as his Ferrari 360 Modena and his Nissan Skyline GT-R. This is much like that, except I think I may have topped the warranty work he has had done with just one issue.
It was the end of March, I was driving home on my normal 20 mile commute, stuck behind an old black Chevy S10 pickup truck. No spirited driving, no speeding, no abuse. Halfway through my drive, still behind the same truck, my M3 begins shaking and enters “Limp Mode”. I receive two error messages on my display: “Engine Malfunction” and “Increased Emissions”.
I immediately pull over and turn the car off. Fingers are crossed the error disappears after a restart. I restart the engine again. The messages remain. Damn.
This time I actually read the full description of the error messages. I could care less about the Increased Emissions error (because racecar), but the Engine Malfunction error informed me that it is possible to continue onward, but to drive to the nearest service center as soon as possible. The nearest service center is 3 times the distance to my house so I decided to just drive home and have CarMax tow it to a shop.
My drive home was best categorized as what a race driver feels when they are limping their busted cars back to the paddock. My M3 felt like it was running on 4 of the 8 cylinders.
As luck would have it, I had ordered the Carly BMW Bluetooth adapter a couple days before and it was waiting for me on my porch. I opened it up, downloaded the free version of the app on my Android phone and ran every diagnostic I could to the tune of $3.00 each. Luckily, I had some Google credit so to me it was free. As for the diagnosis – Carly said my car was misfiring on cylinders 4, 5, 6, 7.
The next morning I called CarMax to report the issues. They logged everything in their computer and provided me the number of a towing company they work with whom I called to scheduled the pick up. The towing company picked up my car and said they would fill out the night drop box information for me.
The next morning I got a call from a CarMax service rep. He mentioned he started the car and immediately noticed the issues and shut it right down and was calling me to get some background. I give him the rundown of what occurred and what codes I was able to pull. With that, and presumably some diagnostic of their own, CarMax attempts to change the coils and spark plugs, to no avail. They then requested my permission to send the car to the nearest BMW dealer. Of course I agreed. I would much rather BMW work on my M3 than CarMax anyway.
There was a point during all of this where CarMax kind of goofed up. An employee noted the low mileage and instantly passed the buck on to BMW to fix the vehicle due to it being under 36,000 miles. Guess they didn’t bother taking a look at the model year because factory warranty had long expired. Due to this former employee initially saying my car is under BMW warranty it caused a big mess trying to get a rental car. The CarMax warranty system kept denying the claim for a loaner car as it’s apparently all approved digitally.
But it all worked out. The service advisers at CarMax were extremely helpful and asked me to come in to borrow a car from their lot. My loaner was none other than a Chevrolet Malibu in Grandma Gold. With a working ride in hand, I chatted with my service adviser and he informed me that their technicians ran a compression test and the whole driver side bank was zippy – no compression. Phrases like determining “if the issue can be repaired” or “if we need to replace your engine” were in the air.
With my M3 now at BMW, they performed a leak down test as well as check the timing. BMW determined that the problem was a broken valve spring on cylinder number 6 and informed CarMax that it would be over 30 hours of labor to fix the issue. CarMax informs me that they would be sending out a “Warranty Inspector” to check it out. That’s basically an insurance adjuster but for the CarMax warranty claims. Apparently, he was dispatched because CarMax did not understand how BMW wanted to fix the issue. Turns out that BMW likes to drop engines from vehicles in order to repair many issues. This of course costs more and CarMax wanted it to be done with the engine in the car but CarMax caved-in and approved all work BMW needed to do.
As soon as I heard official word of the damage and the repairs required I immediately began calculating what CarMax would be shelling out. I knew this warranty was going to pay for itself but I didn’t realize how far off my estimate was. The labor alone for the job was $5,005 and the parts were another $1049.01. Along with other miscellaneous charges the total came out to $6,130. From the paper work there was also a CarMax diagnosis charge of $315 for a grand total of damage was $6,444.80.
That CarMax warranty I purchased? Yeah, that only cost me $2,079 and covers my M3 up to 75,000 miles or 60 months, whichever comes first. This is why I chose to buy my car from CarMax.
I will admit when I finally got the M3 back I babied the hell out of it for the first few days, never taking it above 4,000 rpm. This was just my initial hesitation and overly cautious behavior to ensure the engine was not going to fail on me again. So far I have no complaints and I feel like the car is back to normal.
Hopefully this is the last warranty story I write but if a new issues arise, just like Mr. DeMuro, I will have this amazing warranty to cover my ass.