MDX Trade-In - CARMAX a possibility?

I am gathering information from a few Northern Virginia Accra dealers with regard to the purchase of a 2017 AWD MDX. Negotiating a fair trade-in for my 2011 MDX will be crucial to getting a good OTD price. Has anyone tried taking their car to CARMAX first for an appraisal, before going to a dealership? is there a chance that CARMAX might make a better offer for my current MDX? Appreciate any thoughts on this.
0
Best Answers
-
stever Guest Posts: 52,454
Sure, that's a good plan and with a real number in hand from CarMax, you make it easy for the dealer. And if the dealer passes, you have a backup.
The wrinkle is how your state does the taxes - often you get a tax break trading in a car versus selling it yourself.5 -
Michaell Moderator Posts: 218,237
I did this last year when we bought my wife's Outback. Took our Mazda CX-7 to Carmax immediately before going to the Subaru dealer.stever said:Sure, that's a good plan and with a real number in hand from CarMax, you make it easy for the dealer. And if the dealer passes, you have a backup.
The wrinkle is how your state does the taxes - often you get a tax break trading in a car versus selling it yourself.
CarMax gave us an appraisal of $12,500 .. the Subaru dealer gave us a trade value of $10,500. I pulled out the CarMax sheet and showed it to the salesman - after "going to the tower" they upped the trade value to match.
30 minutes at CarMax netted $2000.Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL46
Answers