Terrible interest rates and they charge as much as they can to get you in and out.
Shari Moore | 2017-03-01 04:31:24
Don't do a pre approval through them. They will run your credit through multiple agencies before they even contact you.
William Pitts | 2017-01-18 22:42:20
Some of the dirtiest people in the financial business......I will never use them again,nor will I ever buy a car from carmax! Outrageous interest rates and terrible service all the way around......on my vehicle and the loan! The absolute worst experience I've ever been through!
London B | 2017-04-03 17:29:55
I found Carmax auto finance to have shady practices. Loans have high interest and loan officers are obnoxious. They obviously don't need business as they are running everyone away.
Marcie Beal | 2017-03-18 17:01:39
On 8/10/16, I called CarMax to let them my payments would be late because I had been in and out of the hospital. I let them know that the account would be paid up as soon as I was out of the hospital and home. I was told that they'd give me a call if any issues arose. On 9/5/16, I was admitted back into the hospital with no way of calling them. I received no phone calls. On 9/9/16, my car had been repossessed. Despite my best efforts at communicating, CarMax repossessed the car and fined me for it. The very same day I went into labor with no way to get to the hospital suddenly because CarMax didn't receive $270.00. My labor was an hour long and my son was almost born on the sidewalk outside of a birthing center. CarMax put my life and my son's life in danger over a petty amount of money. Not to say any amount would justify the situation. To make matters worse, when I did call to get everything straightened out and the car back I had to speak with several different people on several different occasions, telling my story over and over and over. I eventually did speak with a manager who assured me that he would call me back. I'm still waiting for that call. I am now owing another $600.00 in repossession fees on top of an already high car loan. I will never use CarMax or suggest CarMax to anyone ever. It's not worth the risk.