09 TT Coupe 6MT at Carmax
#16
Admittedly I'm not 997 Turbo market savvy but the price seems a bit high.
KBB lists the trade-in value between $51.4K to $59K.
Retail price range is between $58.6K to $67.9K.
There is no doubt the car is priced rather high. I never have known a dealer to price a car otherwise. (And FWIW, my 2003 Turbo (CPO) with just 10K miles was listed at $61.9K at a Porsche dealer and I bought it for $57.7K.)
But CarMax has a no haggle policy, which is of course plenty sweet for CarMax, but maybe not so sweet for a car buyer.
(Was at the Roseville CA (near Sacramento) CarMax facility a couple of months back with a family member who found a car she wanted at this facility. Drove her up there and rode with her as she tested the car -- it was a nice car -- and in the office she made an offer based on her research. CarMax sales manager came over and stated no haggling, the price listed is a take it leave it price, so she left it. The car was clearly over priced. A week or two later she found another car (similar car, same make/model, etc.) in Idaho and at a much lower price -- even after factoring in shipping cost -- and bought that one instead.)
KBB lists the trade-in value between $51.4K to $59K.
Retail price range is between $58.6K to $67.9K.
There is no doubt the car is priced rather high. I never have known a dealer to price a car otherwise. (And FWIW, my 2003 Turbo (CPO) with just 10K miles was listed at $61.9K at a Porsche dealer and I bought it for $57.7K.)
But CarMax has a no haggle policy, which is of course plenty sweet for CarMax, but maybe not so sweet for a car buyer.
(Was at the Roseville CA (near Sacramento) CarMax facility a couple of months back with a family member who found a car she wanted at this facility. Drove her up there and rode with her as she tested the car -- it was a nice car -- and in the office she made an offer based on her research. CarMax sales manager came over and stated no haggling, the price listed is a take it leave it price, so she left it. The car was clearly over priced. A week or two later she found another car (similar car, same make/model, etc.) in Idaho and at a much lower price -- even after factoring in shipping cost -- and bought that one instead.)
Comical perspective from such a prolific rennlist poster. I have only been around a short time but know that is a steal for an 09. Not to mention the I have never known a dealer not to overprice comment. Happens more than you would think, especially for unicorns dealer isnt familiar with. And kbb is pretty useless for most higher end cars.
Last edited by cdnewton; 12-27-2016 at 11:34 AM.
#17
Just saw another nicely equipped gary/grey, Tip with 30K miles in PA for $75.9. That 's the most 09 TTs I've ever seen on the CM site. This one appears to be priced right, maybe they are catching on-.
#20
#21
#22
So true. Wish I had room for another one
#23
Admittedly my 09 coupe has just about the ideal spec, and there were very few 09's, but I think it has gone up in value since I bought it three years ago, even though it now has 8K more on the odo. If that's true you have to believe that 09's and possibly earlier years have hit the bottom of their depreciation curve.
#26
I am seriously trying to understand why CarMax has a reputation for being a problem vehicle Dumping Ground as opposed to any other dealership. People frequently trade in cars before major service is due, or that have problems. And all dealerships, even CarMax, at least make an effort to check out the car for any problems before putting a price on it for trade.
#27
I've purchased at least six cars from CarMax (Porsche, MB AMG's, BMW's etc.) in the past and never had a problem with any of them. Granted they are a volume dealer and price their cars accordingly. They also have a very well trained staff of appraisers who can spot almost any defect in a vehicle. I know, I bought a 2011 BMW 135i M-sport 6MT from a dealer who swore to me the car was perfect with a clean Carfax, and it looked that way to me too. And I'm very critical. When I traded it in at my local CarMax they immediately noticed the car had been in a minor accident and the passenger door had been repaired and repainted at a dealership. The quality of the repair was excellent and unnoticeable to anyone except their expert.
That said, they don't sell junk and if there's an after sale problem it's usually handled very professionally. When it comes to Porsche's and other performance cars CarMax will almost always send them to the dealer for repairs because their maintenance staff may not trained or qualified to work on them. That's why I buy their extended warranty which is one of the best and least expensive (e.g., compared to Fidelity) in the industry and can be used at any dealership or independent.
So, have I had a good CarMax experience over the years and do I recommend you give them a chance, you bet. I'm not defending them nor am I affiliated with them (I'm Fed employee) but I do respect their product and their prices are always reasonable. They don't price gouge nor do that take into consideration current market pricing trends and hype. They just sell a good product at market value and stand behind it.
That said, they don't sell junk and if there's an after sale problem it's usually handled very professionally. When it comes to Porsche's and other performance cars CarMax will almost always send them to the dealer for repairs because their maintenance staff may not trained or qualified to work on them. That's why I buy their extended warranty which is one of the best and least expensive (e.g., compared to Fidelity) in the industry and can be used at any dealership or independent.
So, have I had a good CarMax experience over the years and do I recommend you give them a chance, you bet. I'm not defending them nor am I affiliated with them (I'm Fed employee) but I do respect their product and their prices are always reasonable. They don't price gouge nor do that take into consideration current market pricing trends and hype. They just sell a good product at market value and stand behind it.
#28
I actually bought my wife's car at CarMax...separate story. The thing with CarMax is that you can sell your car to them outright. There is no obligation to buy a vehicle from them in return for their purchase of yours. This is where the dumping of cars comes in. Take for example the spun camshaft issue on these 997.1 cars. You can have a legit known spun camshaft, clear the code prior to driving into carmax lot and get it appraised and sold, all before the 10-15miles of driving that might be required to retrigger that CEL.
CarMax is not hooking this up to a Porsche computer or even a durametric. This is just an example, but there are gremlins that take Porsche dealers hours to find, that I doubt CarMax ever would within a 30min appraisal.
CarMax is not hooking this up to a Porsche computer or even a durametric. This is just an example, but there are gremlins that take Porsche dealers hours to find, that I doubt CarMax ever would within a 30min appraisal.
Originally Posted by vbb
I have never purchased a vehicle from CarMax and I am not affiliated with the company at all, but why do people say this about them? I mean, what risks exist by purchasing a car from CarMax that don't exist if you purchased a used vehicle from anywhere else other than a CPO vehicle from the dealership for that particular brand? If I find a nice 911 Turbo at a Mercedes dealership, how do I know that the prior owner didn't just dump it there?
I am seriously trying to understand why CarMax has a reputation for being a problem vehicle Dumping Ground as opposed to any other dealership. People frequently trade in cars before major service is due, or that have problems. And all dealerships, even CarMax, at least make an effort to check out the car for any problems before putting a price on it for trade.
I am seriously trying to understand why CarMax has a reputation for being a problem vehicle Dumping Ground as opposed to any other dealership. People frequently trade in cars before major service is due, or that have problems. And all dealerships, even CarMax, at least make an effort to check out the car for any problems before putting a price on it for trade.
#29
I've purchased at least six cars from CarMax (Porsche, MB AMG's, BMW's etc.) in the past and never had a problem with any of them. Granted they are a volume dealer and price their cars accordingly. They also have a very well trained staff of appraisers who can spot almost any defect in a vehicle. I know, I bought a 2011 BMW 135i M-sport 6MT from a dealer who swore to me the car was perfect with a clean Carfax, and it looked that way to me too. And I'm very critical. When I traded it in at my local CarMax they immediately noticed the car had been in a minor accident and the passenger door had been repaired and repainted at a dealership. The quality of the repair was excellent and unnoticeable to anyone except their expert.
That said, they don't sell junk and if there's an after sale problem it's usually handled very professionally. When it comes to Porsche's and other performance cars CarMax will almost always send them to the dealer for repairs because their maintenance staff may not trained or qualified to work on them. That's why I buy their extended warranty which is one of the best and least expensive (e.g., compared to Fidelity) in the industry and can be used at any dealership or independent.
So, have I had a good CarMax experience over the years and do I recommend you give them a chance, you bet. I'm not defending them nor am I affiliated with them (I'm Fed employee) but I do respect their product and their prices are always reasonable. They don't price gouge nor do that take into consideration current market pricing trends and hype. They just sell a good product at market value and stand behind it.
That said, they don't sell junk and if there's an after sale problem it's usually handled very professionally. When it comes to Porsche's and other performance cars CarMax will almost always send them to the dealer for repairs because their maintenance staff may not trained or qualified to work on them. That's why I buy their extended warranty which is one of the best and least expensive (e.g., compared to Fidelity) in the industry and can be used at any dealership or independent.
So, have I had a good CarMax experience over the years and do I recommend you give them a chance, you bet. I'm not defending them nor am I affiliated with them (I'm Fed employee) but I do respect their product and their prices are always reasonable. They don't price gouge nor do that take into consideration current market pricing trends and hype. They just sell a good product at market value and stand behind it.
#30
Not all carmax's have such great appraisers. But as long as you have your own PPI you're covered with their buyback, no?
I'm sure some people dump problem cars without buying a 'new' car like required at a normal dealer.
I love their business model and sometimes it makes sense to buy from them.
I'm sure some people dump problem cars without buying a 'new' car like required at a normal dealer.
I love their business model and sometimes it makes sense to buy from them.