For each day that vehicle doesn't sell, the dealer keeps paying interest on that loan. The longer a car sits, the larger the interest cost grows. Dealers typically don't mind paying interest for 30 or even 60 days, but when the car has been sitting on the lot for 3 months, that's when they really start getting nervous.
Is CarMax a bad place to buy a car?
Buying from CarMax is a hassle-free, no-haggle process. All of its prices are nonnegotiable, and its salespeople are paid on a flat-commission basis, which means they'll get paid the same amount whether they sell you a BMW or a Ford. ... That said, its prices tend to be higher than at other used-car sources.2021-05-23
Can I leave my car at CarMax?
At CarMax, we issue one no-hassle appraisal offer for your vehicle. If you're ready to sell, you can leave with payment in hand. ... Maybe you'll have luck and sell your car quickly, and you might get more money through a private sale.2018-07-03