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CarMax in the ledger: what the no-haggle premium buys

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CarMax's ledger entry is short because the company's promises are unusually legible: fixed pricing, a 30-day/1,500-mile money-back window, a 90-day/4,000-mile limited warranty, and a retail lot policy that excludes salvage and frame-damage vehicles. Our file notes:

  • The guarantee terms live on the buyer's order — verify the current numbers there, since programs evolve.
  • Extended service plans are optional and priced like profit centers; decline or negotiate elsewhere if the math fails.
  • Their appraisal offers are wholesale-anchored; treat them as a floor for your trade-in, not the market.

Verdict: the clearest disclosure regime in used-car retail. You pay for it in the sticker.

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