CarMax has been in the market for quite a while now. It was the first buying and selling car website. It is now the best-known comparison website for buying and selling cars.
The company has revolutionized the market of buying and selling used vehicles. CarMax is not the only company that provides this service though.
The following are Top competitors and Alternatives to CarMax;
1) Sonic Automotive
It was founded by Bruton Smith in 1997. This company sells a variety of vehicles to people who are looking for a good car to use for either business or personal use.
The company does not just buy and sell cars but also takes care of installing the cars for owners. It also has its used car shop for vehicles that already have their engines installed.
They have been serving their customers for many years and are based in Charlotte, North Carolina.
2) Carvana
This company is the best alternative to buying and selling cars. The company has a solution for those who want to sell their car that is more efficient than other companies.
The company sells used cars online and makes a profit when they fulfill their orders.
They do not make the car they are selling, but they buy it from another seller and process it into cars that you can only buy online. They are located in Arizona, U.S.A. Customers are free to return the cars within one week in case of an issue.
3) Asbury Automotive Group
The car markets are usually near the competency of the car dealerships. This is why there are new ways to sell cars that you would see in the salesrooms. The second alternative to CarMax is the Asbury Automotive Group.
This allows you to visit their main office in Georgia, the U.S.A instead of going to a local city office and selling your car at a lower price than what you paid for it.
This method is a good alternative because you are protected by the credit laws and it also provides a guarantee for your car and payback if you don’t get the price that you want.
4) Auto Trader
It was founded in 1997 and has since become one of the leading car buying and selling websites in the world. The company is based in Atlanta, U.S.A.
They are known for their low prices and for making a profit when they sell the vehicle to their customers.
They also have a well-trained staff that can deal with any customers’ issues in a very efficient way. The best thing about this website is that it even has a live chat facility to help customers get in touch with their representatives.
5) Lithia Motors
The company began in 1946 and was named after a small town in Oregon. The company is known to buy cars, fix them and resell the vehicles to their customers.
They are also known for selling a variety of different vehicles to people who are looking for ways to get a car at a good price.
This includes Toyota, Nissan, and Ford models that they have in their inventory. There are many locations that they have around the country including Bend, Oregon; Aurora, Colorado; Tacoma, Washington; Portland, Oregon; and Springfield, Oregon.
6) Enterprise Car Sales
The founder is known as Jack Taylor. The company is located in St. Louis, United States. It is not just limited to buying and selling cars but also provides financing with low-interest rates.
The main goal of the company is to help customers with hidden fees when they buy a car that they can’t afford. The company even provides vehicles for customers who are looking for leasing options.
7) Cars.com
This company was founded in 1998 and is based in Chicago, Illinois. They are known for providing a central location where you can buy cars directly from the dealer.
They also offer information on various vehicles, including car financing and insurance that goes along with the purchase of your vehicle. This allows you to get all your information in one place when buying and selling a car.
8) Copart
The company is known for its value to buyers and sellers of cars. They are an auction company that buys used vehicles and sells them as a single item or infractions.
They also have a wide variety of cars that they purchase from people who are looking to sell their cars. It is based in Dallas, Texas, U.S.A.
There is a variety of different cars that you can choose from, including sedans, vans, trucks, SUVs, and even tractors up to 1998 years old.
9) AutoNation
The company is based in Florida, U.S.A, and was founded by Mike Jackson in 1997. It has its headquarters which includes a dealership that is the largest in the country with locations from Texas to New Hampshire with over 29 franchises throughout the United States of America.
They also have several large dealerships in Florida, Texas, Colorado, and Tennessee.
10) Inchcape
The founder is known as Robert Mackenzie. It came into existence in 1847; it on of the leading used car dealerships in the country.
They are known for providing a wide range of vehicles including cars, trucks, and SUVs from all manufacturers in the United State including Chevrolet and Buick. There are some locations in England, New Zealand, and Australia.
11) TrueCar
It was founded in 1999 and is based in Santa Monica, California. It has over 5,000 dealerships across the United States of America.
The company provides a live chat feature for customers to access a representative and get help with their vehicle purchases or sale.
They also provide quotes for services related to car ownership, including credit scores, insurance costs, registration fees, and title transfer from the old owner to the new owner of the vehicle.
12) Carfax
This company is known for providing a vehicle history report online and providing information on the condition of the car and if they have ever been in an accident.
It is based in Georgia, U.S.A, and has locations in Australia, the United Kingdom, and New Zealand as well as Germany and Ireland.
Customers are entitled to a refund if they are not satisfied with their report on the vehicle and have the option of contacting a representative for help.
13) Penske Automotive
Roger Penske founded it in 1990. It has a variety of different locations across the United States of America.
They provide a wide range of services including car leasing, car buying, and car repair. They also provide financing options for people who want to get a car but they are not able to pay off the car that they have just purchased.
14) Manheim
It is one of the oldest companies in the car buying and selling business. It was founded by Benjamin Z and Arthur Walters in 1945.
Company headquarters are based in Atlanta, Georgia, U.S.A, and have locations all over the United States of America.
They provide a variety of services including automaker’s vehicle inventory, used car buying, and new car selling by dealerships. It is a favorite for car dealerships across the country to buy and sell cars.
15) KAR Auction Services
The company was founded in 1989. It provides a variety of services including buying and selling cars, vehicles, and trucks from all over the world.
They are known for having some of the best deals in the industry for customers looking to buy or sell a car.
They also work with insurance companies that have salvage vehicles in their inventory to help them pay for their property loss when they buy one of these vehicles from the auctioneer. It is based in Carmel, Indiana, US.
16) Franchised Car Dealers
These dealers have taken the market by storm as they have come up with a total customer satisfaction strategy.
Car dealers have to hold franchises from their respective brand companies before they are registered to sell cars. Selling used cars is one of the best business ideas one can take up as you can earn more than $5,000 per sale.
It is not at all necessary to pay off loans, but the loan amount will have to be paid in full along with interest charges. They have several branches at various locations in the United States of America, catering to buyers and sellers of cars.
17) AutoZone
Pitt Hyde founded the company in 1979. It has a large number of locations in the United States of America and is responsible for selling parts for your car and even providing financing options to people who want to purchase a car.
It is one of the largest retailers around the world having close to 6000 stores in the United Kingdom, Mexico, and throughout Canada.
The above mentioned are some of the best alternatives to buying and selling cars online. Any of these will help you get what you need at a good price.
It is also recommended that you speak with friends and family members who are looking to buy or sell a car to get their advice as well. The best way to know how much your vehicle is worth is by seeing it in person.