You couldn't be anymore wrong.the kbb goes off of estimated and supply and demand.
You of all people should not be talking if you work for car max.
Every single car max purchaser that goes to auctions such as
Brashers,manheims,adesa, etc etc
Pays stupid ridiculous money for cars.
If the low book on the car is say 13200 car max guys will pay up to 14 or more
So if anyone is inflating cars it's the carmax people.
It's based of the local market for that particular area of that particular dealer.
But in case there is people that don't know CARMAX doesn't sell new cars because they don't make em.
So they purchase a crapload of cars at stupid prices causing the inflation.kbb goes off reported sale value and where you came up with this BS idea that a dealer reports to kbb that say an 88 civic sold for 5k.
First off not a single value in kbb or NADA will give you a 5k value not even the high book of suggested retail value.
That right away shows you must not be a desk guy.but merely a floor guy.
Your information is so bass ackwards that I think you should avoid defending carmax simply because you work for em.
I did recon for 7 years including a car max store and you guys pay shit money for repairs and sell for a lot.
All carmax sells is used cars so since there is a huge selection of used cars a customer pays a premium for going to purchase at carmax lots.
Anyone want to research please do.
Google how carmax manipulates the market.
You'll get the worst price at carmax because your getting the luxury of selling your car on the spot.
So carmax needs a profit.so they'll rape a consumer in buying off the street and they rape the market by paying stupid money at the auctions and they sell the street car if it's crappy and old to other dealers through their own version of an auction.
Sooooo.I have more info on carmax if anyone wants it.
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