Buying a Shelby GT500 and trying to Sell it to Carmax the same day
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- Опубліковано 24 сер 2024
- FlippiCan we buy a 2010 Ford Mustang Shelby GT500 and sell it to Carmax on the same day?
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I think this video won clickbait of the year for 2022
💥🔥🏆🏅
Why?
Yep agreed, kind of a waste ngl
😂😂
Agree
Jeez, Craig, what a tease for a NO SALE.
Well that was a fun waste of 13 minutes of my morning. Didn’t even get the price. Lol
Thanks for the heads up, I un-subbed and left!
21,500 out the door
@@thatguy834 talking about Carmax dude. That was the title of the video and it didn’t even happen!
was thinking the same thing. im a numbers guy. not getting numbers gives me blue balls
Usually I love your stuff but it was annoying that you put us through that whole Carmax experience without getting an appraisal because you didn’t research how Carmax works first
You knew that they don't buy from dealers?
@@FlyingWheels you knew before you released the video. Could’ve changed plate on it and released a video with actually completed storyline (price We all wanted to know). But now you will have to do second video appraising it again with different plates because for most viewers “you can’t sell car on dealer plates to car max” does not satisfy the interest and does not answer the question of how much would they pay fir it.
Thanks
@@FlyingWheels no, but the bar is higher for you as 1) a dealer and 2) an expert making videos about being a dealer.
I agree with this guy, I'm a fan but this video sucked
Yep this was a waste. Like Craig but everyone knows you can't sell a vehicle without proper documentation....like YOU OWN IT!!
I typically love your content and watch all of your videos this one specifically was poor in content. I am really hoping you can learn from this and produce higher quality. No one wants to see a non offer on a cool car, it jut plain sucks.
LOL dude you act like your pay for this content…
Reading comments from a year ago??? Wow you have a good life.
Why did you make the video if you weren’t able to sell it? That’s clickbaiting and an ad revenue grab if I’ve ever seen one, your better than that Craig.
These no haggle dealerships like carmax and Carvana are slime. They think they’re above other dealerships.
Yep their prices are higher than the average retail dealership
That's because its a tight monopoly.
They can do it and I would too.
Carmax has the highest gross profit per car in the country.
They (carmax) are perfect for people who don’t like the bullshit a used car dealer puts you through and they cut a check after a 20 minute inspection … it’s an obvious chunk of the market and they supply the service successfully. Carvana and the likes are pretty shady from the experiences I’ve heard .
It’s a sham to get people in the door
Wow. You bought that from Jim Juliana Motors.C'mon Craig. You bought a 130K mile /hood corroded/accident reported/paint work/rocks in the wheel wells/dirt under the trunk liner Mustang ? They retailed you a car with rocks in the trunk? I expect your subscribers want more
For literally $10k less than most gt500s
@@FlyingWheels I picked up an 07 with 108 clean title for 16500 couple years back this is about as close as I've seen to my deal. Seen a guy get a 180k 2012 for 18 at lmr I think it was.
FYI, “minor damage” on a mustang means people were run over :)
Ha Ha
That was the very first thing I thought no way you can sell a vehicle you don't own. Come on Craig how did you not expect that to happen?
7:23 "wheels spun at 70mph" ? CRAIG !..That's the engine bouncing off the rev limiter... Wow ,how do you not know that ! Please don't delete my comment.I'm happy to have a back and forth as to why I shouldn't expect more quality content.
I caught that as well lol! .. .. ooops
Through those 130k miles...... maybe a trip to a hardware store, they carried landscaping rocks
That was my thought as well, hauled some bags of stone.
stones made me think flood car
Obviously it was a daily driver
I sold my mom 4 vacuum cleaners and 6 accident insurance policies before I realized that commission sales were not for me! Now I'm a stock broker...
Anyone who buys from Carmax/Carvana deserves what they get.
😂
I guess some people have no options
The financial market has been a really tough one this past months, but I watched an interview on CNBC where the anchor kept mentioning "...Lynne Ellen Rule...". This prompted me to get in touch with her, and from October 2021 till now we have been working together, and I can now boast of $540k in my trading portfolio
Right research, properly evaluation and success is what you want to make earnings on this steady market.
What kinds of investments do you make. I totally agree with you. I have a lump sum right now doing next to nothing in a savings account. but it's hard for me to take part in the market right now due to the fulltime nature of my job. it will be way to stressful to combine so i don't even think about-facing it
@@alexmontrey5372 I earned more last year because I have been investing while working at the same time. I invested through Lynne Ellen Rule, same woman that the anchor kept mentioning on CNBC, and made multiple of my start up capital within three months . She lives here in the USA and she is licensed.
@@mav3420 Wow I'm just shocked someone mentioned and recommended expert Lynne Ellen Rule
I thought people don't know her
Google her name, you will get every information you need to know about her
The one thing I like about Carmax is the 24 Hour Test Dr. you’re able to take it home and take it to your mechanic and have them look at it and when you buy the car at Carmax you get hard plates that day
It's that way with most dealerships. It called title jumping.
You should keep trying this, Craig. It makes for killer content, and If you're ever able to pull one off, you'd become, like, a youtube legend. Or something.
Rocks in the trunk....anything to add weight and cut down the Mustang fishtail. Usually 300 pounds added.
Nice color beautiful car
Craig company spends near mil a year wit carmax very good auction if u don't mind paying over retail! Although their prices are sky high one thing I can guarantee is that every car title is straight from owner to carmax to me... I can not stand a car passed around dealer to dealer! Which is why I never buy from Inc or llc only franchise dealer. My point in all this is carmax will never jeopardize thier auction rep by selling a car that is not a direct owner trade in.
I used to own one of these cars. It is NOT a commuter car. Especially in the rain, that car is almost dangerous. It's got a heavy clutch, it's nose heavy, and it doesn't have enough rubber on it given the horsepower. Yes, it's a great toy, but not a commuter car. Give your Dad the Bentley.
You can sell as a dealer to Carvana. I sold my Lexus RC F Sport to Carvana in May 2021 and it was registered to my dealership, made about $6k more than what I paid for it at Manheim in May 2020 and also put 10k miles on it
It seems like they're a lot stricter with dealers than they are with the public. Did you notice anything like this?
I know a few private sellers who sold to Carvana. I asked for an offer on my truck and it was great. Unfortunately, I couldn’t find a replacement to make the deal work.
I sold my 2018 Accord to a local dealer with 100,500 miles for $19k, used it for Uber and still came up $2,000 ahead
Bought a Mazda mx5 in 2020 for 18k and sold it carvana for 22.5k after putting around 8k miles on it. Carvana is really paying out well. I ended up telling everyone and I got 2 of my family members to get into a new vehicle after selling their old ones for a profit.
They definitely will not buy from dealers anymore atleast, has to be titled in a personal name or a business that isn't in the auto industry.
Ran into the same problem years ago w/ Car Max. My partner wanted to sell a car to Car Max. I said Hell No, they won't buy it from us as we are dealers. But, he insisted on taking it to the local Car Max store. Bingo ! I was RIGHT !! They turned him DOWN !! Told You So !!!
Thank you for saving me 15 minutes of my life
@@Ukrainianification I've done it as a person same day
I'm a small dealer. In California, CarMax will buy from a dealer. But it's only a few locations, not every CarMax. I did the 2 hour turn on a Chevy Spark. Made $3100. All I did was drive the car from where I purchased it to the Car Max and I reassigned the title is there office. This was in Sept 2020.
That is exactly what I was trying to do!
A STOCK 10 GT500 IS STOCK WITH 540HP LOL I KNOW I HAVE A 10 900HP GRABBER BLUE SUPER SNAKE. THE 10S UNFORTUNATELY GET SOME HATE BUT HONESTLY I HAVEN'T HAD ANY ISSUES WITH ONLY 3 THOUSAND ORIGINAL MILES BUT YOU'RE GT500 HAS A BUNCH OF MILES SO THAT IS A GOOD SIGN.
@@FlyingWheels wow cool
"Hi my name is Craig" *dead silence for 1 minute* LOL
Most likely bags of rocks purchased from Home Depot and put in the trunk to help with traction in the rear when it was time to race it and to prevent tires from spinning at 70 mph. 😂
That makes sense. The vehicle needed more weight in the rear especially without the spare tire. I used concrete blocks. I wish I would have thought to use bags of gravel.
Great point!
I love watching this channel grow! Congrats Craig! Stole that GT500!
there's two listed for 100K less miles: 1 for $58K CDN and 1 for $48K cdn. That's about 45K USD and $36K USD but the miles.....
At least you got your dad a good daily driver and had a fun family day.
$59k trade is not a cash offer
When I was trying to trade my 2016 jeep wrangler carmax low balled me the hardest.
Well the stones are there cause its a flood vehicle .. Duh!!!!!
I work at carmax we have certain rules before we even sell it again for our own profit a car has to be under 125k miles and no damage extreme damage to it any frame damage wont sell so we cant make a profit if the car is too far gone we will title it as a wholesale(cash only car) or just junk it but it's rare that we junk cars most the time we send them to auction to make some money back so if u wonder if your 130k mile mustang will resale on a carmax most likely it didn't it got kicked and sent to wholesale
Edit we do buy from other dealer but the car has to be from a dealer we have a contract and been delivered to us by the truck loader we wont buy if the car is not under ur name
I bought a 94 corvette a few months ago for 4500. Sold it 2 hours later for 8500
Awesome!
That is great...who did you sell it to? Carmax?
This guy is getting on my nerves lately
to answer your question yes you can! I've done it same day a few times after buying cars from estate sales and auctions
Sorry, but this video was a big let down... There's no conclusion, just a big lead on and then disappointment
A bit like your mom
Try carvana next time. My girlfriend got a quote for her 2015 Scion TC with 45k miles for 12,500 which I thought was about 4500 more than it should be.
I saw an AD on facebook about a dealership in NJ that is offering 5k over KBB value on any car.
i hate when other dealership wants dealers to pay doc fees and not wholesale it
My guess would be $15K they would offer you.
8K tops
It’s the same in the UK. “We Buy Any Car” here will not buy cars from dealers it has to be registered to you and you have to have proof of ID, to many dealers sold them
Problem Cars in the past…😂
these videos are dragged out
I totally call bull too. No reason if you actually purchased the car, that you wouldn't have had a temp tag on it. Bull.
Buddy hasn’t hit puberty yet
21.5 for a GT500? Thats sounds unbelievable.
Used vehicles have skyrocketed so bad the 15 year or older are crazy! You want something that is that old here in Minnesota a rust bucket is going to cost 7,000 or more.
This is the second time you stuck your foot in your mouth by telling them you're a dealer . Son of a - - - - !
Maybe they put a few bags of landscaping rocks in the back and the bag broke open. It’s possible… 🤷♂️
Hits rev limiter “The wheels spun at 70mph” are you serious lol
Car max usually goes buy KBB 90% of the time. Lol.
Looks like a Louisiana hurricane survivor 😳
Well that was a waste of 13 minutes.
Thank you for the video.
Did the "minor" accident include the car falling into the river, during a picnic?
Keep up the good work.
"$24k is my bottom price, I won't go lower". Sells it for $21.5k. Yeah, that's why we don't trust Used Car dealers...
Sold it to my cousin for cost
@@FlyingWheels Oh yeah, not talking about you Craig. I'm talking about the guy who sold it you. Lied about it being the lowest price, lied about it having a true 30 day warranty. You are the anti-stereotypical used car dealer. I'd feel comfortable buying from you in a heartbeat.
@@kirkhilles523 I appreciate that very much thank you
$21,500?!?!? A '10 GT500 with 130k is easily a $27k car here in Vegas. Out here though, it would be 100% rust free and would never have been driven in snow.
That's my favorite color combo... Grabber Blue with white stripes.
Here in Brasil it cost 700.000
With damage report?
Instant worthless trash
@@wileecoyote5749 it's not worthless at all its just worth less. The driveline is worth 10k.
You can put it in your name and sell it to them 30 days later (unless policies have changed) I used to work there. But you should be able to more than any dealer offer once you have it ready to sell
Click Bait .The title says Buy a Mustang and selling to carmax The same day. They Didnot fucking SELL IT CLICK BAIT
Lol mad
Says “trying to sell”.
Flood car????
The stones are due to driving down a gravel road. The mustangs have a gap in the wheel well, that rocks get kicked up into. So its common to see a bunch of rocks in the spare tire space. (Ps if anyone reading this has a mustang, and drives down a dirt road, take a look in your trunk, under the mat to see if you have collected some rocks)
Why do you think Carvana is in so much trouble, they been trying to sell vehicle with no titles and even stolen vehicles
Ha. When I first started my dealership two of my early flips were to CarMax. Once they found out I was a dealer they closed right up. Haven't been able to even get an appraisal. Carvana is the same.
10-1 the reason stones are in there is someone threw a couple bags of stones in the trunk for some DIY home project and one of them burst.
When you gonna learn to stop telling people you are a dealer. You would think the Corvette fiasco you would of learned a lesson, guess not....lol
The plate gave it away
Question. Why do dealers not want to wholesale sometimes when another dealer comes on their lot to buy. So they can charge their fees ?
For the fees
plus they know the other dealer is going to flip it.....so if there's meat on the bones, they want it.
Unless they're like craig, sells cars at a loss (haha sorry craig, I couldn't resist busting your balls hahahaha)
Have your dad take it to Carmax now that it’s registered to him
Wish there was more guys like this giving out those free appointments instead of just showing up 😂
Craig, at what point does a vehicle have too many miles to be considered a collector car? For example, I have a 2003 MB SL500 w/84K in great condition. Could this car ever be considered a collector with that many miles? Thank you
not craig but yes if the car is in mint condition
I’m no expert but I would say 0-25 is mint, 25-50 is great, and 50-100 is good. Heavily depends on the kind of car but an SL500 should almost definitely be a collected car.
@@Klait thanks
@@alexflosho thanks
Not that car.They made too many ,and you have too many miles.However you can buy a 50K mile example at retail for $17K.The 2003 was first year example.They didn't make any valuable editions.Again ,collector ? No ,but great driving car ,and it looks the part for sub $18K
i started watching when you had 10k subscribed love the channel
This is my favorite comment of the day. Thank you so much! I appreciate it so much
$21,500??? Bro i can't believe that snake cost as much as my V6 S550.. I got robbed 😭
Your dad sounds like Daniel larusso
Flying Wheels! Big fan, I tried to start flipping cars and met some sketchy private sellers and actually got sold some junk…. Can you make a video on this process 🙏🙏🙏
Www.CarFlipping101.com
If he wants something for the long commute the Bentley is perfect.
An hour in finance??? With all the deals I have made as a consumer with dealers, have only been in finance long enough to do the papers and not bought anything they were selling! If you ever in Dallas and buy as an individual, I will haver deal done so quick you will not believe it!
I would like to see the same process at a Drive Time or Carvana after it is plated.
carmax: yeeeaaaaa we're not gonna put it on the lift. yyyeeeaaaaa we don't sit inside it. yyeeeeaaaaa we don't actually inspect it. LMFAO !!!!
Decent price your father paid ✊Nice looking car
That video was a waste of my time.
Grabber Blue is the right color. Mechanics could make a killing right now flipping cars to all these "We buy cars" dealerships, I'm sure.
That looks like a Mitsubishi RVR behind you in the intro... I have that vehicle, and let me tell you, you would be amazed by the off-roading capabilities! I take it places, Jeep and 4Runner people are just stunned I got in there.
Love the color
Yes, Caravan also has a program, but the transaction was difficult for my Partner. He sold a Honda Accord to Caravana. Took him maybe 10-12 calls and 2 months to get the check.
Did he have an unusual case or was it just carvana giving him a hard time?
I and few others I know had the complete opposite experience. The appraisal took 30 seconds. Accepted offer. Uploaded all the documents online. Vehicle was picked up the next day and check was in hand for others and I selected direct deposit. Money was in my account before the truck left with my car.
@@Swissk31300BO thats awesome. Youre a dealer correct? Do you know how much they charged for picking it up? Bc i know thats its free for the public but they charge if you're a dealer.
@@JJ-iz5ql not a dealer.
In the Caravana experience, they treated him nicely, professional and courteous. I overheard alot of his conversations on Speakerphone. The "difficulty" was him having to make 10-12 calls and not getting paid for 2 months. It's typical in the dealer business to be ACH'd within 24-48 hours regardless of buying or selling. Neither of us would ever sell a car to Caravana without the check in hand.
That dealership was in Waterbury ct I’m from there
Audio is better. Thank you
6:03? a what? a CTSV cobra? 🤣
Do you still have the boat and if so howd it treat you this summer??
I sold a car to CarMax
No test drive
Just looked at
It’s was 2019 but still they took it
Awesome work. Presenting the dealer's perspective is worthwhile. Thanks for being smart, not the dumbest.
Love how tight your fam is
Click bait
$21,000 for a daamaged title car with rocks/cork screw in the fender? Lol
Ok hahah im cracking up
Rocks in the trunk to keep the wheel spin down ?
so, 13 minutes of my life I won't get back, presented to viewer almost like a car dealer would? Shouldn't be surprised.......
I think the "pebbles" in the trunk where an anti smell product I have used in past. Would make sense it looked to have been wet before.
Good luck with the car dad!
Looks like you could use a vacation. Hope you're doing good.
the stones were to get more traction
CarMax handed me their appraisal offer that day..... no emails
I love your videos
Craig missed on this one
Actually had something like this work. Bought a clean title S65 from Copart for 15.2k, was in it for 17k all said and done. Needed way too much electrical nonsense. Instead of dumping money, I instead tried my luck at carmax, and they offered me 20k. That car never came home.