1M For Sale on Carmax for $63k!!

[Klepper1]

Here is a 1M in Norcross, GA at Carmax of all places!

http://www.carmax.com/enus/view-car/...esults:results page&N=4294963045+285+4294961834&No=0

[atl_1M]

HA, right around the corner from me.

[Reedomn]

I love "no haggle price".....only $15k over orignal sticker..!!

I went to Carmax ONCE to sell my stepdads car who can't drive anymore. 2003 Chrysler 300 with 23,000 miles...they offered me $2,000!!..My low end road bike cost more than that...

I sold it the next day on craigslist for $6,000...they are a joke....

[doug_999]

However if you are looking for one with fewer miles... this one is avail as well.
http://www.bmwautohaus.com/used/BMW/...5ec2cfb335.htm

Was on eBay the other day - not sure if they sold it?

[fireroasted]

Carmax just had one at the irvine, CA location in VO for 64k with 7k miles. It was pristine. I have to believe they got their price because in one weeks time it was gone. Not to be found in their online DB which means it sold, not moved.

I was interested but can't rationalize 64k for that car/toy. They are out there though. If someone really paid 64k then that is he value I suppose for a low mileage example. It does seem redunculous though.

[P1]

Originally Posted by Reedomn

I love "no haggle price".....only $15k over orignal sticker..!!

I went to Carmax ONCE to sell my stepdads car who can't drive anymore. 2003 Chrysler 300 with 23,000 miles...they offered me $2,000!!..My low end road bike cost more than that...

I sold it the next day on craigslist for $6,000...they are a joke....

My friend had an opposite experience: he sold his 2007 550i to CarMax and got a lot more money there than he did anywhere else.

[Robin_NL]

Wow, strong askingprices.

Can anybody get me the complete carmax 1m for sale link? the OP's link doesn't work for me.
Edit: Got it. Sorry.

Anyway, the US version doesn't normally come with iDrive screen?

From 740, how many do have the screen?

Cheers
Robin

[GreenLantern]

Guys, this isn't surprising. Just a month+ ago we were seeing listings at $70k. They weren't selling at $70k.

Remember, list price != sale price. Also, those being listed at higher than palatable prices have been sitting for months. I've been tracking a few that have been on the market for several months now.

Many of the driving school cars sat in dealer lots for ~5 months at $60k-$63k.

[Klepper1]

I wonder how Carmax even ended up with a 1M. Did somebody really trade it in to Carmax when buying another car there??

[GreenLantern]

Originally Posted by Klepper1

I wonder how Carmax even ended up with a 1M. Did somebody really trade it in to Carmax when buying another car there??

CarMax doesn't do trades. They buy your car separately from selling you a car.

This is the 4th 1M I've seen at CarMax this year. There are enough 1M's in the US (~740) that this is bound to happen. (Heck, they even get CLK63 Black Series cars... they've had two this year.)

[fireroasted]

Remember that carmax provides a very unique service for many people in that they become the middle man for a sale of your vehicle thereby releasing you of any liability. Built into their process is lots of convenience for folks who don't want to bother with ads or people coming to their house to look at a car. Those people tend to be people with money and nice cars. The carmax in irvine has bought tons of 911s, Austin's, range rovers and fancy mercs. It makes sense and works for a lot of people.

I haven't had the best experience myself, but I am probably too cheap, or know that I don't want to pay the 2k or lots more for the middl man service. I do get it though.

[GreenLantern]

Indeed. I definitely understand the appeal. And yup, that's why I've also seen some Jaguar XKR-S's in their inventory. Interestingly enough, I haven't seen a single car over $99,999 though.

[doug_999]

Originally Posted by P1et

My friend had an opposite experience: he sold his 2007 550i to CarMax and got a lot more money there than he did anywhere else.

I think it depends on a lot of factors. When I tried to trade them my 2006 550i during the peak of the gas prices (in 2008), I was offered $28K for a car that stickered for $70K two years earlier. While I was not pleased with that number (and did not take it), I believe it was CarMax's polite way of saying "um, we really don't want your V8, no matter how clean it is or how few miles it has "

As for the 1M prices - they are what they are. I don't think too many "decent" ones (cars not in accidents or used by BMW at the PDC) are going for less than $60K these days.

[P1]

Looks like it already sold. I could not find it today on the CarMax Web site.

[Papethova]

I know someone thats about to get 54k at carmax for a car with 18k miles

[LukeM3]

It's still there, I just checked on their mobile website. looks like Einser just sold his (fully optioned with 18K miles) to Carmax for $54k. Can't wait to see that markup.

[b33g33]

Originally Posted by ssiddiq1

HA, right around the corner from me.

Dude, we should totally roll up there one time and see what happens!



The only AW owner I know from the boards is Dan and this isn't his car.

[GreenLantern]

Originally Posted by LukeM3

It's still there, I just checked on their mobile website. looks like Einser just sold his (fully optioned with 18K miles) to Carmax for $54k. Can't wait to see that markup.

Ah sadness. Didn't realize his went to CarMax, too.

So many 1addicts' 1M's ended up at CarMax.

[EINSER M]

Originally Posted by GreenLantern

Ah sadness. Didn't realize his went to CarMax, too.

So many 1addicts' 1M's ended up at CarMax.

i dont see whats so wrong about a car ending up at carmax?
are they the devil? LOL

itll be on their lot for about 62-63k
if this car went to a bmw dealership, it'd be in the showroom for 69k
if anything i made the next owner of this 1M a service!!!

my tags were due next week, carmax gave a no bullshit instant cash offer so i took it. bought the car new for 53k out the door more than 2 years ago. i rotate new BMWs every 2 years, this was time for it to go, especially since i picked up the rubicon 3 weeks ago and my financial situation also changed. carmax was the absolute best deal in my case. might not be the best for everyone, but like a poster mentioned earlier, it's a solid firm offer. no lolly gagger, no delusional fools kicking tires, and no broke dicks trying to jew you down to nothing for your car....oh and that check they write you, it won't bounce

[GreenLantern]

Originally Posted by EINSER M

i dont see whats so wrong about a car ending up at carmax?
are they the devil? LOL

itll be on their lot for about 62-63k
if this car went to a bmw dealership, it'd be in the showroom for 69k
if anything i made the next owner of this 1M a service!!!

Not at all. I've sold cars to CarMax before, as well. I just wish someone off here grabbed it.

And yes, I'm glad it didn't go to a BMW dealership.

[EINSER M]

Originally Posted by GreenLantern

Not at all. I've sold cars to CarMax before, as well. I just wish someone off here grabbed it.

And yes, I'm glad it didn't go to a BMW dealership.

the only thing is i tried to go to wells fargo their issuing bank and cash it but they told me they have an agreement with carmax not to let those checks be cashed...

ok fine i deposited the 16k (i owed 38k on the car)

[GreenLantern]

Originally Posted by EINSER M

the only thing is i tried to go to wells fargo their issuing bank and cash it but they told me they have an agreement with carmax not to let those checks be cashed...

ok fine i deposited the 16k (i owed 38k on the car)

Indeed. They're set up as bank drafts that introduce a slight delay before transferring the funds to your bank in order to ensure there are no issues with the Title on CarMax's part.