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The Carmax extended warranty they offer
Posted on 7/27/15 at 12:27 pm
Posted on 7/27/15 at 12:27 pm
Anyone have any experience with buying this? I suspect it is a rip off but the thought of being covered for everything up to $150K miles is enticing in case something ever goes wrong...
7
Posted on 7/27/15 at 12:29 pm to Gamecox20
I've always heard Carmax is a ripoff. Have you done your due diligence on the price of the car? Also, there are tons of places to get extended warranties. You don't have to get them through the dealership. READ THE FINE PRINT.
Posted on 7/27/15 at 12:36 pm to BigPerm30
Aftermarket warranties are a huge PITA. I wouldn't advise getting one
Posted on 7/27/15 at 12:36 pm to Gamecox20
Carmax is already breaking it off in you don't give em any more money
Posted on 7/27/15 at 12:38 pm to Gamecox20
CarMax sells mostly rentals, and that would be my last resort if I had to buy a car.
Posted on 7/27/15 at 12:42 pm to BigPerm30
quote:
I've always heard Carmax is a ripoff. Have you done your due diligence on the price of the car?
Yeah, its a little higher than I would have liked to spend on it but I have been searching for a very specific car (mileage, interior/exterior colors, features, clean carfax, etc.) for awhile and its the 1st one in about a year that checked off every box.
Posted on 7/27/15 at 12:43 pm to Gamecox20
I have no knowledge of their extended warranty. That being said, most extended warranty's are pure unadulterated garbage.
Posted on 7/27/15 at 12:43 pm to Hammertime
quote:
Aftermarket warranties are a huge PITA. I wouldn't advise getting one
You're prob right and I'm leaning towards NO.
Posted on 7/27/15 at 12:50 pm to Gamecox20
Depends on the vehicle. CarMax sells some higher end cars (Mercedes, BMW, Audi, Land Rover etc) that cost a lot to service. Google Doug Demuro CarMax Land Rover and read his articles.
Posted on 7/27/15 at 12:55 pm to Gamecox20
If you are going to buy an extended warranty I would suggest LDS or buy the manufacturers warranty GMPP, Chrysler, Honda etc..
Posted on 7/27/15 at 1:15 pm to Gamecox20
quote:
Yeah, its a little higher than I would have liked to spend on it but I have been searching for a very specific car (mileage, interior/exterior colors, features, clean carfax, etc.) for awhile and its the 1st one in about a year that checked off every box.
I agree that a extended warranty is generally not a good investment, but the amount of money involved was not worth worrying about. I was able to get a CarMax 100K warranty that added 18 bucks a month to the note on a 48 month loan, my wife spends that every other day on coffee.
Posted on 7/27/15 at 1:16 pm to EA6B
We bought it on the van. If the power doors mess up it is worth the cost of the warranty to have that fixed.
Posted on 7/27/15 at 1:17 pm to EA6B
Your wife spends over 50 bucks a week in coffee?
Get that in check
Get that in check
This post was edited on 7/27/15 at 1:18 pm
Posted on 7/27/15 at 1:19 pm to Gamecox20
quote:
the thought of being covered for everything up to $150K miles is enticing
I'm not even sure what "$150K miles" means.
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