Carmax vs Carvana I bought a car from both to see what the differences were

**All the discount codes I had have either been used or expired now, I have no more codes I'm sorry**

Last year I bought a car from Carmax. I researched vehicles and knew exactly what I wanted and could afford, and usual prices. I did most of the paperwork over the phone from home. The car was shipped in 2 days. I drove it, inspected it and bought it. Paperwork took 10 minutes. Car was sparkling clean and had a full gas tank. I'm very happy.

You had to do more paperwork at CarMax because you were signing all of the paperwork required by the state to register your vehicle. CarMax went to the DMV to register on your behalf, which is why the license plates were sent to you directly. Carvana did not have you sign paperwork, which is why you had to go to the DMV yourself, and why there was less to sign at Carvana. It doesn’t really have anything to do with CarMax being an older company, they just make the overall process of buying a car easier in the long run.

All of that research and you bought 2 Fiats?

I bought from Carvana. Not sure why you had to go get your tags. My tags were mailed to my house. Great overall experience, and super easy paperwork. I was in the process of rebuilding my credit, so I started with in-house financing at. 10.25%. Just refinanced with Capital One for 6.4%. No, it's not the super low rates, but it's better after barely 6 months of owning the vehicle. Damn Timeshare. (Update) With 39 months remaining on my 72 month auto loan I refinanced again with AAA and gotna rate of 2.99% AND shaved 3 months off of my loan. With a little bit of discipline and dedication to cleaning up my credit it is absolutely possible to change your situation.

I can't believe the number of people trashing his decision to buy Fiats? Good grief people, if you don't like Fiats, DON'T buy one. He obviously likes Fiats. I've been shopping Carvana, Car Max and Vroom for the past few weeks looking for a Grand Cherokee Overland and I'm hearing the same stuff. "I can't believe you want a Jeep, they're a POS, get a Four Runner". Anyway, good run down on the two companies.

I’ve purchased my last car through Carmax but i decided to purchase a car with Carvana because of there 7 day return and money back guaranteed. That said, in my opinion it was the best experience I ever had! the fastest purchase I ever made on a car! Trick is go to a dealership and try a car you like and then purchaser it through Carvana.

Carvana more than carmax makes their real profits from the high interest rate. Car loans up to 72 mos with good credit are at 3-5%. 10% is what my credit card charges. 10% for car payment is a rip-off or financial slavery or shareholder profit. I bought a car from carmax with a loan from my bank at 3.3, carmax offered 6% and they hated that I brought my own finance. All the dealer profits are made on finance and insurance. The payment for a $30k car at 10% vs 3 is $130-150 more. Insane!!!!

We bought a 2018 GMC Terrain from Carmax, and the whole process couldn't have been easier. I still can't believe the amount they gave on our 2013 Ford Edge when we traded it in. It only took about 30 minutes and we were done signing papers. I've heard good and bad things about Carmax and Carvana, just like anything else in life

Thanks for this. Definitely leaning towards using one of these services. I've had terrible experiences with multiple dealerships and just don't even want to do that again. Good to see someone's perspective on this. Thought buying a car would be fun and it has been some of the worst experiences buying anything.

When I picked up my car from Carvana in Florida they asked me to take the car for a drive for as long as I wanted, to make sure I was happy before I signed my paper work.

I just sold my car to carvana 13500 and carmax wanted to get me 11000 . I got the whole quote I was very happy

Carmax is a fairly easy process to purchase a vehicle. In my experience it was no stress & no pressure at all. The sales representative is very mindful in conducting business with thier clients. I believe thats makes them so unique. Really wish that purchasing brand new vehicles was like this from major car dealerships. Challenging part of carmax is finding a vehicle that has your desired mileage.

Carvana will sell you a car with a salvage or rebuilt title so it makes sense that Carmax would take longer. If you are reading this and don't believe me try doing some research, they don't deny it.

CarMax lots are loaded with lemons with accident history on many of them. Bought a CarMax car 3 years ago with 2 reported accidents (my credit wasnt great at the time and they would only offer me accident reported vehicles to choose from), complained about a vibration after my test drive, even the Toyota dealership couldn’t fix it and gave it back to me. So I was stuck in a 2012 Camry that vibrated heavily at idle for 3 years, and had to shift the automatic transmission into neutral at every red light to make the vibration stop. Ask for the CarFax on every CarMax car before you start financing talk. Also, CarFaxes are only as accurate as what the owner reports. Carvana discovered the CarFax lied on a car they were going to sell and found bent frame damage on it that was not reported and rejected it from their retail inventory. Carvana doesn’t deliberately offer cars with accident history like CarMax does.

Great video. Answered a lot of my questions.Thanks for taking the time to make it.

Bought with Carvana. They gave me an insane trade in price for my old car...like 2500 more than ANY other dealer would do and have had no issues with the process

Great video. I’m writing a research paper comparing Carvana and CarMax and this is exactly what I was looking for.

Great Video! Thank you so much for sharing your experience with us

Amazing video! It really helped us feel more comfortable purchasing online. Is the code in the description box still current for carvana?