Reviews – Is Carmaxauctions.com Legit or Scam?
reviews show that this is a website that is hosted by the very popular second hand auto giant Car Max. The
auctions are open only to licensed dealers however if you are a consumer you can actually get a dealer on board
to bid for you. The auctions are not held online they are held at various Car Max facilities around the country.
While there seems to be some deals to be had at this site, many people still prefer using a service like
Auctionresource.org for finding a great deal on an automobile to you may
want to check them out when you get done reading this review.
Car Max has a strong
reputation for providing people with an excellent used vehicle at a no haggle price. They have shops across the
US and have done very well in the industry. The auction aspect of the company is a new branch that is geared
toward helping smaller used car dealerships meet their inventory requirements.
Carmaxauctions Reviews -
The registration forms to
participate in the auctions can be found online but they have to be faxed in before you will receive your
auction card. The forms require basic information about the business and whom is able to bid on the businesses
behalf. Your auction ID card is issued at the first auction you attend.
The day of the auction an
employee will take your picture and present you with your ID for future easy identification
There are special
requirements that have to be met before a company check can be used to pay for winning auctions. The
registration rules are strictly adhered to. These auctions are for DEALERS only and the registration process
insures that only verified dealerships and their representatives are able to bid on cars during the
Carmaxauctions.com Review - Auctions
None of the CarMax
auctions are held online right now but there are future plans to either broadcast simutaneously online or to
hold special online auctions. Since the auctions are held on site you do have the ability to review the
vehicles, test driving the vehicles is not permitted.
The gates open up 2 hours
before the auction begins allowing dealers to view the vehicles.
CarMax does disclose any
major mechanical issues but the vehicles are auctioned without warranty. They are sold as is. There is no
guarantee or warranty made about the vehicles by CarMax. This is no unusual. Typically even as a consumer when
you purchase a vehicle second hand you are purchasing it as is.
If you are a dealer this
is likely a good way to beef up your inventory. If you are a consumer you can usually pay a dealer a finders fee
to go to the auction and bid on a vehicle you want. Perhaps someday CarMax will open their auctions to the
general public but as of today you are out of luck unless you are a certified dealer and can prove
Click Here For to View the Top Rated Auction Sites
Carmaxauctions review shows that this is a legit site and is not a scam with very few complaints out there.
However many people still prefer using a service like Auctionresource.org
for finding good deals on vehicles.