There was some interest in Car Max on the old board. I have not investigated the company but do have a little scuttlebutt: here's our experience at Car Max today.

They have lots of inventory, about 400 vehicles at this location. Everything we looked at was in nice condition and priced sky-high.

Example 1: 2023 Elantra Hybrid 5k miles priced at $30k, new MSRP $25.6k, described on Car Gurus as $3191 above market. Hyundai offering 4.9% financing on new ones, if you can get one.

Example 2: 2022 Tesla Model 3 RWD base priced at $43k, new Tesla price $40k and in stock at our local Tesla shop. The Car Max one should qualify for a $4k tax credit, the new one for a $3750 tax credit.

It's puzzling who would buy these cars. People that can't finance elsewhere, perhaps?

Berkshire Hathaway FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.