Exige S sold to CARMAX - LotusTalk

gt3guru · 01-22-2008, 08:36 AM

A friend of mine at Carmax said they had a 20k miles 07 exige S just come through. They can't sell it so they are sending it through the dealer auction.

What would have to be wrong with an Exige for someone to take it to Carmax?

Houston BTW, should be auctioned off today if anyone is interested.

Blacktan · 01-22-2008, 08:38 AM

Colour ?

Ian · 01-22-2008, 08:39 AM

I suspect Carmax offered them more than the dealer.
"We'll buy your car even if you don't buy ours"

The Captain · 01-22-2008, 08:47 AM

I don't understand, "it just came through" CarMax and they can't sell it". Does this mean that they've had it for some time and it hasn't sold, or they don't want to sell it? If they don't want to sell it, why did they buy it?

ace10 · 01-22-2008, 08:55 AM

can't sell it or won't sell it?

PhlypSide · 01-22-2008, 08:56 AM

My guess? Someone dumped their 'S because they didn't care how much they got raped on the resale and wanted out of their car ASAP.

I would only hope whomever sold this to Carmax has it "like that"

To some (e.g. many here) an Exige S is a fantastic, rare, and amazing car. To other's it's one of their many toys and perhaps this one may have been too quirky for the previous owner's tastes----so off to Carmax with a Coke and a smile.

gt3guru · 01-22-2008, 09:17 AM

This weekend someone sold it. Carmax doesn't bother selling certain cars. they just go strait to auction

Icedog_16 · 01-22-2008, 09:20 AM

Quote:

Originally Posted by gt3guru

This weekend someone sold it. Carmax doesn't bother selling certain cars. they just go strait to auction

This is true of most dealers; and the Exige is such a niche vehicle it probably would have sat for months. It's all about the cash flow.

Chris D. · 01-22-2008, 02:58 PM

Quote:

Originally Posted by PhlypSide

My guess? Someone dumped their 'S because they didn't care how much they got raped on the resale and wanted out of their car ASAP.

...or maybe someone raped the car and then just wanted someplace to dump it.

akandok · 01-22-2008, 03:09 PM

Carmax is not as stupid as we all think they are. At one point I thought they were just a buch of salespeople with no knowledge of cars. (or small amount of knowledge)

Long story short, a far relative took his car to them. A very decent looking young woman came out and the guy thought he was going to get really lucky and sell the car there and then since what he paid for it was way less then what they sell them for. What he did not tell them is that it was in an accident before.

The lady made 3 circles around the car, bend down once and typed him a paper:

2005 Honda Accord.
55% or the car repainted.
Quarter panel replaced
Frame work(also replaced with the same quarter panel)
Clean title.

$8300 is what she offered him.

The guy left the parking lot in shock

akandok · 01-22-2008, 03:09 PM

So just "dumping" the car off is not that easy

Bavarian Motorist · 01-22-2008, 03:33 PM

If I were looking for an Exige S, Carmax is certainly not the place I'd go. I understand their auctioning it.

pla_time · 01-22-2008, 04:15 PM

I can understand Carmax not wanting to sit on an Exige, but I can also understand somebody having them buy it.

I've sold a couple of cars to Carmax over the past half-dozen years. Both times they paid a lot more (basically blue-book price) than the dealers were willing to give on a trade-in. Ultimately it was far easier than putting ads in the paper or E-Bay. Although I probably would have received a few more $$$ from a private sale, all-in-all the experience at Carmax was far worth it, in terms of time invested and hassle.

LotusLust · 01-22-2008, 04:21 PM

so would a "want to buy" notice to carmax sniff up a car?

pugg57 · 01-22-2008, 05:19 PM

i've sold a car to Carmax in the past and they REALLY do know what they are doing when it comes to buying a car from you. i can also see myself going to Carmax when the little lady and i are looking for our next set of wheels.

that being said, i think the issue with the Exige 'S' and Carmax not wanting to sell it is that i believe (or so i've been told) they will not put cars over a certain value on their lots. it takes to long for turn over. they recently changed their purchasing valuation system. it used to be base mostly on Blue book. now, they lean quite heavily on wholesale auction prices for the cars. this way, when they buy something like an Exige 'S' that they don't want to deal with selling, they just put it up for auction and get their money back plus a little profit.

Bavarian Motorist · 01-22-2008, 05:21 PM

So Carmax is like cheap/crappy/old/beaten cars? Didn't know.

jlj3394 · 01-22-2008, 05:23 PM

Anyone know where this will be auctioned?

Vampyre · 01-23-2008, 05:03 AM

If they offer more then dealers, why don't more people take thier cars to them?

Matt in Houston · 01-23-2008, 05:18 AM

Quote:

Originally Posted by Vampyre

If they offer more then dealers, why don't more people take thier cars to them?

Two reasons...

Most people dont know they usually offer more...and some people just dont care, they would rather trade it in and get the new vehicle at the same place.

I sold a 2006 Mustange GT with 18,500 miles to Carmax last year. It had been in a fender bender and had a small dent in the rear driver side panel, and the plastic wheel liner was broken in half. It also had mice come in and chew up the shift knob and boot. I think the car also had a big door ding on the passenger side. This was my wifes car and I think it was cursed.

They offered me $20,500 and I sold them my car on the spot...

Best a dealer could offer was $18,000.

Vampyre · 01-23-2008, 05:47 AM

Wow that is great... nice deal.. you got .

01-22-2008, 08:36 AM	#1 (permalink)
gt3guru Registered User Join Date: Sep 2007 Location: The Woodlands, Tx Posts: 330	Exige S sold to CARMAX A friend of mine at Carmax said they had a 20k miles 07 exige S just come through. They can't sell it so they are sending it through the dealer auction. What would have to be wrong with an Exige for someone to take it to Carmax? Houston BTW, should be auctioned off today if anyone is interested. __________________ 2005 Elise, Saffron Yellow, Touring, Sport, Black wheels, Hard top, dual oil coolers, focal front speakers 1998 BMW 318ti, 77k miles. M sport package, 5 speed. Dependable daily driver since 97 1996 Colnago Technos, Dura-Ace, Zipp, spinergy, Specialized, Mavic. And I ride it in the middle of your mountain roads. I hope your insurance is as good as my lawyer.

01-22-2008, 08:38 AM	#2 (permalink)
Blacktan 2 Exiges Owner NA & SC Join Date: Jul 2005 Location: Athens,GREECE Posts: 665	Colour ? __________________ 2006 Fed Aspen White Elise LSS -SOLD- 2006 Fed Phantom Black Exige 2006 Fed Storm Titanium Exige BWR BMW E66 745i GREEKS do it better www.lotusclub.gr

01-22-2008, 08:39 AM	#3 (permalink)
Ian Certified Fun Stopper Join Date: Sep 2005 Location: San Antonio, TX Posts: 3,832	I suspect Carmax offered them more than the dealer. "We'll buy your car even if you don't buy ours" __________________ '06 Exige; Polar Blue; Track/Touring/Stage II/LSD-TC '05 Elise; Arctic Silver/Ruby Red (R.I.P)

01-22-2008, 08:47 AM	#4 (permalink)
The Captain Registered User Join Date: Jul 2006 Location: Richmond, VA Posts: 158	I don't understand, "it just came through" CarMax and they can't sell it". Does this mean that they've had it for some time and it hasn't sold, or they don't want to sell it? If they don't want to sell it, why did they buy it? __________________ '06 AW Elise, Track Pak, starshield, micro mirror, Schroth 5 pt. harnesses, SSR competition wheels, ECU upgrade, boomerang towhook, von hep exhaust, fugita intake, gold foil heat shield, S111 seat brace mine -'06 Elise', '06 350Z her's '07 Lexus RX350 two wheels: Ellsworth Enlightenment, Rocky Mountain RMX, Santa Cruz Heckler, Bontrager Super Lite, Orbea Road bike

01-22-2008, 08:55 AM	#5 (permalink)
ace10 LT = LH slurpy slurp fest Join Date: Jun 2006 Location: Rural NoVA Posts: 4,449 Images: 35	can't sell it or won't sell it? __________________ 2007 Exige S, Storm Ti. Sport, Track and TC.Plus: Multivex Mirrors, S111 Deltabrace, Sparco 6Pt harnesses (w/Ti Dave's Antisub belt mount), I/O Port video mount, Snorkel delete, Shims out, Rearview Mirror delete, 2Bular 7X18, Pagid RS42's, Saiku Michi catch can and, of course, blingy carpet buttons. 08 Toyota Tundra SR5 5.7, 06 M-B E320 cdi, 02 Lexus LX470, 94 Toyota FZJ80 Landcruiser, 97 Bobcat 751C The Red Pill Ignore Me *Be sure too save your IL before browsing away

01-22-2008, 09:17 AM	#7 (permalink)
gt3guru Registered User Join Date: Sep 2007 Location: The Woodlands, Tx Posts: 330	This weekend someone sold it. Carmax doesn't bother selling certain cars. they just go strait to auction __________________ 2005 Elise, Saffron Yellow, Touring, Sport, Black wheels, Hard top, dual oil coolers, focal front speakers 1998 BMW 318ti, 77k miles. M sport package, 5 speed. Dependable daily driver since 97 1996 Colnago Technos, Dura-Ace, Zipp, spinergy, Specialized, Mavic. And I ride it in the middle of your mountain roads. I hope your insurance is as good as my lawyer.

01-22-2008, 03:09 PM	#10 (permalink)
akandok 2006 Lotus Elise Join Date: Jul 2007 Location: Sacramento, CA Posts: 1,549	Carmax is not as stupid as we all think they are. At one point I thought they were just a buch of salespeople with no knowledge of cars. (or small amount of knowledge) Long story short, a far relative took his car to them. A very decent looking young woman came out and the guy thought he was going to get really lucky and sell the car there and then since what he paid for it was way less then what they sell them for. What he did not tell them is that it was in an accident before. The lady made 3 circles around the car, bend down once and typed him a paper: 2005 Honda Accord. 55% or the car repainted. Quarter panel replaced Frame work(also replaced with the same quarter panel) Clean title. $8300 is what she offered him. The guy left the parking lot in shock __________________ “The biggest cause of trouble in the world today is that the stupid people are so sure about things and the intelligent folks are so full of doubts.” Bertrand Russell John 3:16

01-22-2008, 03:09 PM	#11 (permalink)
akandok 2006 Lotus Elise Join Date: Jul 2007 Location: Sacramento, CA Posts: 1,549	So just "dumping" the car off is not that easy __________________ “The biggest cause of trouble in the world today is that the stupid people are so sure about things and the intelligent folks are so full of doubts.” Bertrand Russell John 3:16

01-22-2008, 03:33 PM	#12 (permalink)
Bavarian Motorist Live to Drive Join Date: Nov 2006 Location: Rye, NY Posts: 8,245	If I were looking for an Exige S, Carmax is certainly not the place I'd go. I understand their auctioning it. __________________ Driving a Lotus Exige with sticky... performance tires on icy roads or in standing water is about as much fun as walking a high wire treated with WD-40 - Car & Driver BWR supercharged... I suppose I "got the power" now??

01-22-2008, 04:15 PM	#13 (permalink)
pla_time Registered User Join Date: Oct 2005 Location: Atl, GA Posts: 885 Images: 1	I can understand Carmax not wanting to sit on an Exige, but I can also understand somebody having them buy it. I've sold a couple of cars to Carmax over the past half-dozen years. Both times they paid a lot more (basically blue-book price) than the dealers were willing to give on a trade-in. Ultimately it was far easier than putting ads in the paper or E-Bay. Although I probably would have received a few more $$$ from a private sale, all-in-all the experience at Carmax was far worth it, in terms of time invested and hassle. __________________ "Patriotism is supporting your country all the time, and your government when it deserves it.” —Mark Twain

01-22-2008, 04:21 PM	#14 (permalink)
LotusLust Registered User Join Date: Dec 2003 Location: da woods of tn Posts: 3,633	so would a "want to buy" notice to carmax sniff up a car? __________________ Storm Titanium, LSS, touring, hard top. my other car is a ...oh yeah i remember the other car...a spyder club111 member. i tried to buy a lower spot and become member #13 but was spurned! "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety" -benjamin franklin

01-22-2008, 05:19 PM	#15 (permalink)
pugg57 happy motoring! Join Date: Jan 2007 Location: MD, USA Posts: 456	i've sold a car to Carmax in the past and they REALLY do know what they are doing when it comes to buying a car from you. i can also see myself going to Carmax when the little lady and i are looking for our next set of wheels. that being said, i think the issue with the Exige 'S' and Carmax not wanting to sell it is that i believe (or so i've been told) they will not put cars over a certain value on their lots. it takes to long for turn over. they recently changed their purchasing valuation system. it used to be base mostly on Blue book. now, they lean quite heavily on wholesale auction prices for the cars. this way, when they buy something like an Exige 'S' that they don't want to deal with selling, they just put it up for auction and get their money back plus a little profit.

01-22-2008, 05:21 PM	#16 (permalink)
Bavarian Motorist Live to Drive Join Date: Nov 2006 Location: Rye, NY Posts: 8,245	So Carmax is like cheap/crappy/old/beaten cars? Didn't know. __________________ Driving a Lotus Exige with sticky... performance tires on icy roads or in standing water is about as much fun as walking a high wire treated with WD-40 - Car & Driver BWR supercharged... I suppose I "got the power" now??

01-22-2008, 05:23 PM	#17 (permalink)
jlj3394 Registered User Join Date: Dec 2006 Location: Kansas City, MO Posts: 727	Anyone know where this will be auctioned? __________________ 05 GG Elise: Exige clam, LSS, Stage 2, ACT HD, DBA5000, CF scoops/splitter/mirrors/panels Others: Lexus ES300 Coach, Volvo V70R 300hp/250k Missed: 01 Wrangler Sport, 04 Wrangler Sport, 71 CJ5 (225V6) Need a personal injury attorney in Kansas City? http://www.kcatty.com Need a Johnson County DUI lawyer? http://www.JohnsonCountyDUI.com Need a Johnson County speeding/traffic ticket attorney? http://www.JoCoTraffic.com

01-23-2008, 05:03 AM	#18 (permalink)
Vampyre Sports Cars Join Date: Mar 2007 Location: Rochester, NY Posts: 1,631	If they offer more then dealers, why don't more people take thier cars to them? __________________ 2006 Chili Red / Touring / LSD / TC / Forged Wheels / Hard & Soft Top / Lifestyle Paint / Desnorkeled / Odyssey Battery / Sector 111 Extinguisher Bracket / Sector 111 LidBone / CF Splitter / CF Bits / Pure X C3 Corvette 383 TPI Stroker 6.3 liters of Torque / 1976 MG Midget, fun run about / Buick Rainier CXL AWD, for the elements / Dodge Van for hauling stuff / http://www.photobucket.com/mygarage

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01-23-2008, 05:47 AM	#20 (permalink)
Vampyre Sports Cars Join Date: Mar 2007 Location: Rochester, NY Posts: 1,631	Wow that is great... nice deal.. you got . __________________ 2006 Chili Red / Touring / LSD / TC / Forged Wheels / Hard & Soft Top / Lifestyle Paint / Desnorkeled / Odyssey Battery / Sector 111 Extinguisher Bracket / Sector 111 LidBone / CF Splitter / CF Bits / Pure X C3 Corvette 383 TPI Stroker 6.3 liters of Torque / 1976 MG Midget, fun run about / Buick Rainier CXL AWD, for the elements / Dodge Van for hauling stuff / http://www.photobucket.com/mygarage