My First CarMax Auction: It Was a Complete Failure
ฝัง
- เผยแพร่เมื่อ 26 ส.ค. 2024
- Grant is taking me to my first CarMax dealer-only auction. I have heard these for years but have never been to one. It was very interesting, to say the least.
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Mike Davenport is the owner of Mike's Car Store In Georgetown, In. We sell used cars near Louisville Ky and ship nationwide. we look forward to helping you. mikescarstore.com
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I emailed corporate for permission to film and was denied. They don’t allow filming. Just be careful you don’t get banned from the auction man.
one of my favorite TH-camrs commenting on another one of my favorite TH-camrs video. Awesome !
My wife and I sold her 2017 gmc Acadia denali to carmax about 6 months ago and it was the easiest sale we ever made. They popped the hood and looked, took it for a short test drive, and a quick walk around, made us an offer that was thousands more than any dealer had offered us on trade in. From the time we got there til the time we walked out with a check was about an hour. Based on that experience I would never buy a car from Carmax.
😂😂😂😂😂
I bought a 2016 Mustang GT with only 2100 miles from Carmax back in December 2017. Almost five years later and the car never gave me a day of trouble. Still enjoying it today.
I'm an independent used car dealer in California. CarMax will buy cars from used car dealers. I had a Chevrolet Spark that I sold to them. It was an accident free car. I brought it to a specific CarMax in Los Angeles area. The Assistant GM found that the rear 1/4 panel had been spliced in. He showed me the welds on the 1 side vs the other side. Definitely and clearly had been done. He dropped his offer by $2,000, and said no way will they sell that on their lots. He just said everything that has issues goes to the CarMax dealer auction. I asked if a CarMax that had been on their lot for 90 days would go to their auction. He said no, it's only the cars that have problems. I'd never buy anything from CarMax dealer auction.
@ Maria - Thank you for posting your reply. Makes sense to me.
Saying a vehicle has problems is very subjective. I have no idea the level of expertise that CARMAX has for their technicians but I would say they are not ASE certified (they maybe). I am guessing they may have a head shop person that is an ASE person. Thet don't want to do extensive and expensive repairs. Let's say a car comes in with inop window regulators but the rest of the vehicle is tip top. They may not want to be tearing into door panels and replacing those things or have the expertise to do it so it goes to the auction. Buying such a vehicle in my opinion would be a good deal as window regulators are easy to do by a good tech.
@@louisstennes3 a window motor is not a expert job any idiot with a walmart tool kit and access to youtube can do that one hour job now if the timing chains on that ecoboost need changed thats a whole new ballgame
It will be fine. You learned from this first CarMax Auction and you'll be successful on the next auction. Frank is doing great. Keep up the great work!
That is the sound of a or multiple lifters on the valve train. The increase in frequency is because of the variable valve timing kicking in. If you wanted to diagnose it for sure, you'd listen to hear if it's coming from above the engine or below the engine. If it's coming from the oil pan below the engine it's either rod knock or on the torque convert/flex plate. This noise is too high pitch to be rod knock which is more of a bassy thumping sound and the only other noise that can be making this type of sound would be coming from the valves which are cheap to fix. If you wanna save yourself alot of money i would advise getting an automotive stethoscope, you can isolate where the noise is specifically coming from with this.
I want to see this Dude star in a Back to the Future remake as Biff!
I bet Mike puts 2 coats of wax on his deliveries...unlike Biff.
Lmaorof
So those Camrys have 2 injectors per cylinder. They tend to be loud at startup but quite down in a couple of minutes. But it you had it on for 5 mins and it still loud then yea pass on that Camry
Btw the 2019-current rav4 are the same way.
High pressure fuel pump.
@@aaronbritt2025 Yes. Thank you. I couldn’t remember the name of it.
Direct injection is noisey compared to port fuel injection of older cars..they are definitely louder with more rattling/ticking until engine warms up a little..even the new ones sound like that compared to Port injection Cars. Was it cold when you were revving it ??
I worked at carmax FX store. I did everything from appraisals, buying cars. They usally only auction the cars that don’t meet there standards
I am not surprised. Carmax Auctions are like the island of broken toys.
Love watching these videos and watching you grow man
The sound in the Toyota camry you heard was the ring gear on the flywheel in the transmission. I bought a as is camry out of California(rust free) and got burned, 11,000$ for a car that needed a new transmission basically.
I did learn a very expensive lesson on buying used online from the other side of the country. This was a major Toyota dealership too.
Don't do business with penske Toyota in LA California. They apparently scammed a few others and are in court with them.
Not worth my time, I just did a core trade in at my local Toyota dealership for a remanufactured transmission.
Multiple car youtubers speak highly of carmax. The bumper to bumper warranty they have is 2nd to none. Carmax vehicles are not cheap either. Comparing prices to other dealers, they are high. Carmax doesn't sell old high mileage vehicles either. It's possible they have good high mileage cars at the auction. If buy the prices get ran up beyond sellable value then this auction is a waste of time for any dealer who isn't a lot financed repo lot.
Auctions are going to get very expensive. Repos on an extremely overpriced cars from the last 2 years, the bank can't take those extreme huge losses. Its okay for you to take a huge L, not the bank! Auctions will be over stocked due to no sales shortly, market is getting funny!
Bring a mechanic with you to those auction sites. They’ll run an OBDII scan tool thru it and make sure it wasn’t a major issue recently repaired and CEL codes cleared recently.
Yes I agree that you should bring a mechanic and a scanner tool to the next auction. You might as well get machine advice as well as human advice.
I bought for them for 7 years. Great company. I’ve actually bought back cars that were sold with some type of issue that were missed or a headache to the customer. No questions asked, just do the right thing and CarMax was okay with it every time.
Camry is Low on oil and that’s why it sounds like a diesel 😂😂
When anything happens to Frank, Rich gets the gets the heat turned off in the winter and heat only in the summer, for 2 days. AND Mrs Chevy Dude has to stay at the lot for 24 straight hours, OR, wear the Costume for a full day! Grant is a great addition, can he sell more in a month than you sold in your best month? Interesting content!
Looks like you still have that Jeep Liberty you bought 2 months ago. Maybe you should make that the free giveaway vehicle😂
I wouldn't do that to anybody.
As a carmax buyer aswell dont buy cars without looking at them!!!
Have to check the oil on the dipstick. It may be low and making the lifters and or valves rattle. A newer car though shouldn't have that problem with low oil, burning oil, etc. Cost too much to fix right or put a remanufactured engine in it. Also don't know what else is wrong with it?
Interesting that sub prime dealers bid up the prices of these cars.
Mike make more youtube video a week
Wouldn’t Carmax be selling wholesale the cars they won’t or don’t want to market themselves ?
I had a car from CarMax and it was good. But never buy from caravna they sell junk. And some of carvana cars they don’t even have titles for
What they auction is what they won't sell. Too high in miles...too high in reconditioning costs...too unlikely to sell, or has been on their lot for months…too old…frame damage. And, honestly, a lot of the pearls they take in on trade destined for their auction...get snapped up by staff. At least this was the way when I worked there. You can find stuff...but keep that in the front of your mind when looking at late model and low mileage...WHY ARE THEY NOT SELLING THIS ON THEIR LOT? Even the 2WD F-150, it could easily be transferred down south to one of their other stores where 4WD is not important. I do remember, back in the day, any car with an After Market hitch was declared "frame damaged" by them as the holes in the frame were normally drilled out larger to mount the hitch. Keep an eye out for cars with after market hitches to help find good cars they won't sell. My 2011 Impreza Outback Sport was "Frame Damaged" for having a CURT Hitch...even though the 2011 MY offered a Subaru Hitch as an accessory. All because the Subaru hitch did not require "drilling" and the CURT did.
They do sell junk… if Carmax won’t sell I would be asking questions.
I get that there is snow in Kentucky but hey, if you get a 2WD F-150, you get slightly better fuel economy than a 4WD
Not all buyers live in KY though.
Who cares about mpg when you’re stuck in snow
@@XX-166 that is why there are tire chains for the snow
@@omarzowila you don’t need chains if you already have 4WD Forrest. It ain’t worth the extra 1 mpg 2wd gives ya.
I drove sports cars to work the past 5 years and I got there (26 miles away) with no issues. These people "who need 4x4" stay home when it snows anyway. LOL.
Carmax auction is over price asf, the small dealership s don’t care to over pay cause they feel Carmax vehicle are better cause there all trade in
Lucky for you that you have a good following as a car salesman.👍
if the Camery was a diesel that sounds great! Kinda sounds like bad rod bearings?
Mrs. Chevy Dude is the HR manager, I bet.
How do I sign up for the car giveaway. Lord knows I could a car. Thanks you n yours be safe.
Toyota sounded like my lawn mower put some blades on the rear and get to weeding
carmax is great other then the office side is terrible always end up calling 2-3 times to make sure they floor the car
Where is your paint meter? I never left without it!
hello Chevy Dude
Don't know how you got the no# of the people who traded the Ford in, but in 40 years in biz, I would never give another dealer the name and info of one of my customers or call one even if I found the reg or info in vehicle, privacy act and common consideration.
Mike the Camry engine that’s normal for them that’s the d4s direct injection system so it switches between direct and port injection
That ain't normal bro
Hello, Mike.
That will be awesome doing a give away
I probably won't win, but it doesn't hurt to try
On, the 16th my Hyundai sonata 2004 2.7 V6
Timing belt broke, and engine is junk
I have this car repair insurance called endurance and declined my claim
Saying that was pre existing which is wasn't
The reason why i bought it due to being a uber eat driver as my main source of income
Requirement was 1000 miles, 30 day > I put 2226 miles and which was 40 days into the insurance
Your give away doesn't have to be a expensive car/newer
We the viewer will appreciate any type of car.
Wish us luck all the way from Florida
A hurricane is going to hit us.
Where can I find a car like my 2006 vibe that has a half million miles on it? Not even BS
Yes protect frank
That's the soul of the dealership
What is a subprime dealer?
"Buy here, pay here"
Folks with bad credit.
Subprime means below average credit history
$200 every 2 weeks. If you honestly forget to make a payment on due date of the 10th, as soon as the clock hits 12:01 om the 11th, the truck is hooking up to Repo it!
@@cousinjohncarstuff4568 I agree that the lower the credit score is the more distrustful the lender is. Repossessions are approved more quickly for people with low credit scores.
Audio was a little funky but great video
I bet this is in Louisville
Carmax 🤔 are they the ones that hit your C7 awhile back??
Yuuup. Same one. I forgot about there until after I was done recording. 😂😂😂
That engine sounded like dollar signs for a mechanic!
Only here to get to 50K so we can hear about the civic that gapped you.
More videos know you are busy
That engin doesn't sound good .don't get it
Calling an $8000 vehicle cheap. Jeez.
Audio Mike
Are you sure you are really a car salesman?
Frank needs a girlfriend!
overpriced
You missed it wasn't 4wd? Incredible. You sure you have been in the car business 20 years? Sounds more like 20 minutes.