Carmax Appraisel Submission Question

[jasdelta]

Hello Folks,
Can anyone tell me how I would submit a carmax appraisel as a part of my trade in documents?

 

[Trips]

You can email it to your delivery specialist and they will take care of it.

 

[jasdelta]

You can email it to your delivery specialist and they will take care of it.

Many thanks.

 

[antjam]

I submitted mine yesterday to my delivery advisor as Carmax offered 2K more than Tesla. They got back to me and she told me she's still waiting for an update. Anyone know how long it usually takes?

 

[patrick40363]

I submitted mine yesterday to my delivery advisor as Carmax offered 2K more than Tesla. They got back to me and she told me she's still waiting for an update. Anyone know how long it usually takes?

What kind of car are you trading in?

 

[antjam]

What kind of car are you trading in?

Mercedes c300 coupe

 

[patrick40363]

Mercedes c300 coupe

I have to get over to carmax and see what they will give us for a 2011 prius. Thanks.

 

[zamboni52]

I traded my car in and Tesla matched the quote. It was within $1K. If the Tesla's offer is close you may want to trade-in with Tesla for the tax advantage. For example, if your Tesla is $78K and your trade-in is $34K you only get taxed on $44K. If you sell to CARMAX they give you $34K, but you still pay the full tax on $78K for your Tesla. Need to look at the numbers to see if it is worth it for your specific situation.

 

[Chips]

Just yesterday I got my CarMax approval (4K more than the Tesla offer for my GS350 FSport) and sent a picture of it to my DA. Zach said he would get it to the appraisal team and get back to me in a couple of days.

 

[vickh]

Did they match the $4K? I forwarded the email from CarMax but they're dragging their feet. Maybe they're getting too many requests?

 

[jjrandorin]

I traded my car in and Tesla matched the quote. It was within $1K. If the Tesla's offer is close you may want to trade-in with Tesla for the tax advantage. For example, if your Tesla is $78K and your trade-in is $34K you only get taxed on $44K. If you sell to CARMAX they give you $34K, but you still pay the full tax on $78K for your Tesla. Need to look at the numbers to see if it is worth it for your specific situation.

This is not everyone, just FYI. There are some states (And california is one) in which there is NO tax credit at all for trading in a car.

 

[TW14 9LF]

Tesla offered me $1500 more than CarMax on my trade-in. 2015 Ford Focus Electric.

 

[jjrandorin]

Tesla offered me $1500 more than CarMax on my trade-in. 2015 Ford Focus Electric.

Off topic inc

BTW...

Thanks for the quote in your signature regarding "its not an M3 thats a BMW". The number of people here who call it an "M3" is staggering. "M3" is a model number of a specific, well known, BMW branded performance car. Its not a tesla. Now, with that being said, I bought my model 3 performance INSTEAD of an M3, even though I am a "BMW guy". The test drive was that convincing. I couldnt believe I could get that performance and handling, with tech I liked, in a car that would end up almost 15k+ cheaper than the way I would spec a BMW M3 AND I would save money commuting every day doing it.

I have wanted to say something but was pretty sure I would get flamed for it, but yeah its not an M3 people, its a Model 3, and shortening it to the name of another brands "halo" car is silly to me.

 

[Ciditad]

My Tesla DA told me to sell it to carmax and I did.