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5.1

Overall Score

Author: Kaitlyn Short

LAST UPDATED: April 9th, 2022

If you’re looking to buy a car from—or sell your car to— a trusted brand name, CarMax is certainly worth being one of the first options you try. The company’s first location opened in 1993 as an experiment suggested by executives at the Circuit City electronics corporation. The project, nicknamed “Honest Rick’s Used Cars”, was meant to expand Circuit City’s enterprise into other arenas. What became known as CarMax fulfilled that goal, growing rapidly across the United States through various acquisitions of car manufacturing real estate.

Currently headquartered in Richmond, Virginia, the company currently operates 195 used car stores in 94 markets. CarMax.com strives to offer superior quality used and certified pre-owned vehicles, as well as friendly service to its customers. The CarMax company has consistently been named as one of FORTUNE® 500’s “100 Best Companies to Work For” for 10 straight years. It has been serving customers for over 59 years, holding themselves to a high standard of integrity with their services and products.

Read on for CarMax pros and cons, plus CarMax reviews from users.  

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The Good

  • Focus on Customer Experience
  • Quality Inspection & Guarantees
  • Transfer Used Cars to a Location Near You
  • Great Used Car Resources & Tools
  • Sell or Trade-In Options

Focus on Customer Experience

CarMax is the largest used car retailer on and off the internet, allowing customers to shop for vehicles the same way they shop for products at what they call "big-box" retailers-sort of like a Costco or Sam's Club for the car shopping and buying experience. This refers to promising car shoppers an affordable purchase price with a no-haggle price model, a broad selection of CarMax Quality Certified Pre-Owned vehicles, and superior customer service.

CarMax's car buying process is based on the results of a notable consumer survey the company conducted back in 1991. The survey asked everyday consumers about their preferences when it comes to the process of buying a car. The answers below are what define today's CarMax's shopping experience. What this means for you the customer:

  • Customers said they don't like playing games, so CarMax lets you know the price right away, not after hours of haggling and mind games. 
  • Customers said they don't like their time being wasted, so CarMax lets you have one salesperson work with you from start to finish who won't make you drive all over town to find the right car.
  • Customers said they want security, so the company inspects and reconditions all cars and backs them with a CarMax 30 day warranty so you don't have to worry what will happen when you drive off the lot. They also come with a free AutoCheck vehicle history report. 
  • Customers wanted more fun and less pressure from car salespeople, so CarMax employees are trained to offer assistance without being pushy.

Quality Inspection & Guarantees

CarMax has a sizeable listing of used cars (new cars as well) that support its promise to offer security to customers. Each used vehicle has to be CarMax Quality Certified, meaning every used car must pass a Certified Quality Inspection.

Each used car sold also comes with a 5-Day Money-Back Guarantee, as well as a 30-Day Limited Warranty (and a 60-Day Warranty in Connecticut, Minnesota and Rhode Island and 90 Days in Massachusetts and New York).

Additionally, each used car buyer has the option of purchasing a MaxCare Extended Service plan covering the following:

  • Climate control
  • Cooling system
  • Drivetrain
  • Electrical systems
  • Electronics
  • Engine
  • Steering
  • Suspension
  • Transmission

The extended warranty is offered through MaxCare, a third-party warranty company. Deductibles start at $50 per visit. Customers who purchase the extended warranty will also receive emergency roadside assistance and rental reimbursement. The website provides a free coverage estimate based on how many miles you drive, your type of car, and your desired deductible.

Transfer Used Cars to a Location Near You

CarMax can transfer any used car you are considering to a local car dealership near you, so you can test drive it at your convenience. Transfer fees may be applicable, but oftentimes this service is free.

Consumers are encouraged to ask a CarMax sales representative about this nationwide transfer service and any possible fees ahead of time.

There is no obligation to buy the car once it is transferred.

Great Used Car Resources & Tools

There are plenty of resources at CarMax.com to help you find a vehicle. Read thousands of research articles, ratings, and reviews on the CarMax website.

For used car shoppers, this car retailer has a nice array of tools like a payment calculator to calculate and compare monthly payments and overall affordability.

What's unique, however, is their Tax, Title, Tags, and Fees Calculator and their MPG Savings Calculator. The Tax, Title, Tags, and Fees Calculator helps you figure out what sales tax, title, and tags fees you will need to pay, according to what state you reside in. All you have to do is select your state and vehicle price range and hit the Calculate button. If you're unsure about what fee rules and regulations apply to your next auto purchase, this is a perfect car shopper's tool.

The MPG (Miles Per Gallon) Savings calculator allows you to see how a vehicle's fuel economy will affect your bottom line. It actually allows you to compare two cars at once to see how they stack up against each other. This is a great tool to determine long-term maintenance costs for car ownership. To find out how much you'll save (or lose), locate the desired car's gas mileage on the Carmax vehicle profiles you selected, then fill in the average MPG of two cars you'd like to compare and hit "Calculate Savings."

Sell or Trade-In Options

CarMax.com will also buy or trade-in your current vehicle no matter what condition it is in. An owner can get a free written offer that is good for 7 days at any CarMax dealership location. If you choose to sell your car to CarMax, you will receive a bank draft on the spot that may be deposited in your bank right away.

Another unique component for consumers is being able to sell their car to CarMax. Although CarMax is not the only car buying service site doing this, it is the only one that offers a unique appraisal process to see what your car is worth. The appraisal process looks like this:

  • Fast and free—your appraisal can take as little as 30 minutes and you're welcome to watch while you wait.
  • No obligation—CarMax will buy your car even if you don't buy theirs.
  • No appointment needed—bring your car in for an appraisal any time they're open.
  • CarMax appraisers—specially trained to evaluate the cars they buy.
  • The written offer—it's good for seven days at any CarMax location.
  • Fast payment—upon selling CarMax your car, you'll receive a bank draft on the spot!

The appraisal process is Step two in a streamlined, no-hassle, three-step selling process—the result of the code of conduct based on consumer's preferences previously mentioned. 

  • Step One is to bring in your car to one of CarMax's dealer locations. Making an appointment is optional, but you'd probably be better off making one—especially if you have a busy schedule. 
  • Step Two is to get a written offer. This comes after the appraisal process and is good for seven days. 
  • Step Three is the final step where you have the option to complete the sale transaction, trade it, or think it over. CarMax will buy your car regardless of make, miles, or condition.
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The Bad

  • Issues with MPG Savings Calculator
  • Spread Out Locations

Issues with MPG Savings Calculator

CarMax has a lot to offer used car buyers and sellers with only a few inconveniences. For example, the MPG Savings calculator is a great tool-it would be even greater if you could just find out the miles per gallon savings on one car instead of having to compare two. When searching the site, if you're only interested in one vehicle, you can't use the tool.

Spread Out Locations

Another inconvenience is that if you are not living near one of CarMax's locations, taking advantage of 'sell to CarMax' or trade-in process may not be viable. As store locations are so spread out and possibly in a state other than your own, you may need to make travel arrangements or you may be unable to afford the trip either time-wise or money-wise. (This is where the Tax, title, tags, and fees calculator comes in handy).

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The Bottom Line

CarMax offers lots of tools to help people with buying and selling cars, trucks, and SUVs. What makes CarMax so massive is that, unlike many online auto companies, they are not just an internet business. The company has brick-and-mortar car dealerships around the country—although very spread out.

Getting to one of their locations may be an issue, but since CarMax will buy your car regardless of make, miles, or condition, if you plan on selling your car or are looking to buy one yourself, their website is one worth exploring.

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Star Rating

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3.6

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200 Reviews

Review Breakdown

5 grade

44%

4 grade

24%

3 grade

7%

2 grade

3%

1 grade

24%

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Brittney Mac Gregor Louisville, KY

CarMax says they are no frills car sales. They offer their cars at the rock bottom prices and do not barter because they guarantee it's the best deal. So far I have found it to be true. We bought a Dodge Charger from Car Max. We had looked at other lots and Car Max did appear to have the cheapest price, from the few we looked at. I have to say thought, it was unnerving to not be able to barter the price. I couldn't help but feel like I was getting ripped off, even though they did have the lowest price. I can't help but wonder if I had tried to barter with the other lots, could I have gotten the car cheaper??? The whole idea of no haggling over the price makes me uncomfortable.

5 years ago

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KimDugan Kailua, HI

CarMax does, as advertised, make finding a car easy. You can search online or go straight to the lot and peruse through the many options. There is typically a wide variety of options that span different price ranges and they have flexible plans for down payments and monthly installments. This seems attractive to a first time buyer, right? Maybe. The thing is, you need to remember that it is a business; and despite the cult-like happy customer service they provide, they are out to make a profit. Here is the deal: the junior-most sales associates cannot give you any deals. In fact, there is precious little room for negotiation, in my experience, unlike a family-owned dealership where you might be able to tug on heart strings or point out discrepancies in their condition report. If you even want to entertain these things, either talk to a senior sales associate or look elsewhere. Their prices are generally set in stone. If you are trying to sell to CarMax and it is your first time doing a trade-in or sell-back, understand again...they are a business. You are going to probably get a better deal setting up a direct sale. I bought a car from them for $14,000, paid it off within three years and asked for a quote. They offered $750. If you go in understanding that this is how it works, that's great - just make sure you do your research beforehand. One of the biggest benefits to using CarMax is that you can research the car before you visit the lot and get detailed information. That way you aren't stepping onto the lot and being guided solely by the sales associate. This puts a lot of the power back in your hands. The greatest downside? Customer service is a little rough - they have to route you to a person to route you to another person who routes you to a central customer service place...then if you have a dealership-related question, they have to reach back to the dealership. It's a little messy and rather unfortunate. Ultimately, not a bad place to shop if you have: A. Done your research B. A good(ish) credit score C. Already understand how a car dealership works

5 years ago Edited September 14, 2021

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Mario Martin Montgomery, TX

I'm not sure how I managed all these years without the assistance of CarMax. I've never responded favorably to "haggling" and car salespersons "over-enthusiasm". My first experience with CarMax was not only favorable, it was a easy car purchasing experience. I appreciate that CarMax has proven themselves to have quality vehicles, automotive service integrity, and transparent car buying expertise. Thank you CarMax!

4 years ago

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Jakob barre Norcross, GA

Carmax gave me a great deal on a great car I love my new Ford expedition it’s the best thing I could’ve asked for from them I can’t believe that they even looked to inspect my air vents while they took in my car as a trade-in they really cover all their bases.

6 years ago

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Lesa Burgess Pleasant Grove, UT

I went to Carmax to have one of my cars appraised to see hyou w much they would pay for it. After a pleasant conversation with the rep, they low balled me on their offer. I will never go back to them to have a car looked at and potentially bought from me. They offer way less than other competitors.

8 years ago

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Alicia Holman Gilbert, AZ

I like that you can research a car to find out if it's been in an accident and that you can locate a type of car that you want. The only downfall is the dealerships don't seem to respect it, so they don't want to honor the prices.

8 years ago

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Charlotte P Herriman, UT

We have purchased 2 vehicles from CarMax over the past few years and every time it's a very hassle free environment. There is not pressure to buy, the sales people are always very friendly and let you walk around and look with out hoovering. They will appraise your trade in and give you a fair price all while you browse. They will take your trade in even if you don't buy from them. There online site is usually pretty up to date and it's easy to maneuver to find exactly what you are looking for.

4 years ago

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Morgan Tennant Shelley, ID

CarMax has always been on my list of places to search for vehicles. Their website works well, and it's easy to filter out what I want so I can quickly look for my next vehicle. I love that feature!

5 years ago

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Jesse Jorgensen Herriman, UT

I like how I was able to see all the fees and know what the final price of my car was going to be before I went to the dealership. The only part of the car buying experience that I didn't like was how pushy the sales person was over the service warranty.

4 years ago

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Naya Tallahassee, FL

CarMax is a nice website to view and potentially buy vehicles on because it allows you to tailor a car directly to your budget and how much you are willing to spend. This is done by seeing how much you would be willing to pay per month and viewing your credit. I think this is ultimately a nice website.

5 years ago

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Natalie Brown Boulder, CO

I used CarMax while looking for a used car. Although I did not end up buying a car directly off their website, I felt that this overall was a good website. The layout is nice and user friendly. I feel like the cars they are selling off the website are nice also. I didn't ever encounter a sketchy car.

6 years ago

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Nick Hansen Eagle Mountain, UT

The process of selling/buying my car was super simple and efficient. It's like they've done it before a time or two. Getting me processed and a quoted didn't take very long at all. I was surprised at the huge inventory they had available - we even got carted around the lot in a golf cart for convenience. My sore feet were grateful!

6 years ago

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Anne Sainsbury Payson, UT

I used carmax 2 years ago when i was looking at purchasing a new car. I found this searching method very useful and I felt like the majority of cars that I was finding were advertised appropriately. I would recommend using it if you are looking to invest in a new car and need some ideas!

7 years ago

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Katie Kearney Vienna, VA

I searched CarMax a lot when I was car hunting. They offer a variety of cars from make, model and year and the people were always nice when I would talk to them. I just didn't think I could get the best deal with them so I ended up going elsewhere for a better deal but they were nice!

7 years ago

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courtney tennant Salem, VA

CarMax has a great foundation, but when you put in a zip code it shows places way too far away. It makes it very easy to filter what options you want your car to have.

5 years ago Edited September 14, 2021

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Audrey Mitchell Managua, MN

CarMax is a good company to use when looking into buying a car. Their website is easy to navigate and look at cars based on the filters you previously placed.

6 years ago

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JP Herriman, UT

CarMax is the best way to shop for cars. It is no pressure, very friendly employees. They aren't pressured due to commission and are more than willing to answer questions and help out.

6 years ago

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Shellie Smith Kuna, ID

Although we wouldn't trade another car in, we would buy feom Car Max in a heartbeat. The max care plan is awesome and we've been well taken care of. We have purchased two vehicles from them and we've been very pleased.

6 years ago

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Connor Farmington, UT

Although some CarMax cars are overpriced, they have great customer service and can really help you find a nice car. Not for a first car for your 16-year-old kid, but for nicer cars they have great deals.

6 years ago

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Daphne Brown Riverton, UT

I like their system as i really don't like normal car salesman. I can just dig through a bunch of car for any that I really like. And their online search and transfer makes it easy to find the right one.

6 years ago

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Donna Williams Phoenix, AZ

Carmax is my go to place to search for cars. I have bought several cars from Carmax and have always been pleased. Searching vehicles is easy on their site and finding out the financing amount is simple.

7 years ago

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Nicholas Genes Eagle Mountain, UT

I used Carmax to buy my Jeep. They had a large selection to choose from and they didn’t make it a hassle to look around.

6 years ago

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Tagg Ogden, UT

We purchased a car from Carmax and had a great experience. They took care of us and offered an extended warranty that I have come to learn is the best warranty you can get.

6 years ago

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Bryndie Managua, MN

I’ve really enjoyed my experience using CarMax to find a car. Their website is easy to use and they have very helpful information on whatever car you’re looking for.

6 years ago

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Justin McMurtrey South Jordan, UT

CarMax is a good dealership. I like their no hassle pricing. We have traded a bunch of cars in there and seem to always get more than other dealerships.

6 years ago

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Cim Carver Cheyenne, WY

CarMax is a great place to shop for cars. When we’ve bought cars they’re always one of the first places we stop and we’ve always been treated well.

6 years ago

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Nancy Paugh Long Beach, MS

A carmax dealer recently moved into the area. I am able to browse available vehicles on the lot before going to the lot. Vehicles are as listed on website.

6 years ago

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Reckholdt Magna, UT

We bought a used car for CarMax. They were easy to work with. I have also interacted With them quite a bit on getting service set up and they have been great.

6 years ago

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Alex Danielson Riverton, UT

Every now and then I've used CarMax to search for cars and also to get a vehicle appraisal. My car appraised for $300, but the service was great and comfortable.

6 years ago

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Tammy Vorarach Las Vegas, NV

Satisfactory overall, only researched online. Once we find a car we can have a more detailed experience.

6 years ago

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pdanielson13 Draper, UT

The experience was good. The valet/sales merchant(s) were nice. I have never bought a car from CarMax. I'm sure it's a great place to buy a car.

6 years ago

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Nana Asiata Herriman, UT

CarMax is a place to found out information about vehicle before you buy it. Thats how i found information about my car. If it had been in a car accident and how many owners it had.

8 years ago Edited September 14, 2021

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Landon Robison Layton, UT

Great way to search for used cars. You can search by make and model, type, and price. It's an easy way to find the car you're looking for.

8 years ago

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Brandy Tallahassee, FL

Great cars, a little on the pricey side though but the cars are usually in great condition.

6 years ago Edited September 14, 2021

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Cole Bailey Houston, TX

CarMax has a wide variety of cars in my area and I got a good price on my Nissan 350z

6 years ago

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Eric Gagnard Dallas, TX

A good selection process. Easy to really find the car you are looking into purchasing.

6 years ago

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Karina Aguilar Managua, MN

carmax is a very trustworthy company and they treated me so well and I use it all the time

6 years ago

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Taylor Larson 10

I liked going through CarMax to find my car because it was easy to compare vehicles through this company.

5 years ago

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Dayna Riverton, UT

Carmax is honest and a good company to buy from, but I feel like they’re inventory is lacking sometimes.

6 years ago

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Joanie Jeon Poolesville, MD

I have sold 3 cars for last 15 years and purchased 1 car at the Carmax. It’s very fast and easy process.

6 years ago

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Alan Olmedo Lubbock, TX

My parents bought a Toyota Tundra from CarMax for an excellent price. Very friendly and knowledgeable employees.

6 years ago

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Angelina Hamilton Gulfport, MS

So many to choose from! I love all the options they have no matter what make or model, they have it all!

6 years ago

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Brayden Ibert Covington, LA

Carmax is a great site to use to find vehicles. It's easy to use and is reliable.

6 years ago

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Alexa Pitre Zachary, LA

Great prices on cars. Reliable cars at that. Love using them. 10/10 would recommend.

6 years ago

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Juliann Mecham Managua, MN

I used carmax to get the carfax for a car I was purchasing and it helped show a clean history

6 years ago

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Makayla Manus Gulfport, MS

By far one of the best car finders. They have so many options to choose from and is so helpful.

6 years ago

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Rylie Crandall Draper, UT

I love using CarMax to search for cars because it's simple to use and I have had some good finds.

7 years ago

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Robert Ashbee Mason, OH

Great place to get a Fair Market Sale price on your Vehicle

4 years ago