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Carmax Inc / Carmax takes car back after two weeks approving loan and tells us to wait a week for deposit

1 United States

I'm posting on behalf a friend I find this unbelievable . My friend bought a car two weeks ago got approved with a cosigner . Paid a deposit of about $1500 and then after the fact they take it back . Don't even get a cab or provide transportation back home which is sad. Then they make my friend wait a week to get the deposit back(we are still waiting) . Supposedly the lender called the loan . I mean if you're denied a loan you should know immediately not drive off the lot with the car thinking you got it. Its very humiliating that should be illegal just be careful buying from carmax . Don't believe the hype the commercials are lying .. If you insist on buying from them you better have your own financing .Double check those cars make sure they are in the working condition they say as with any dealership.


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