I couldn’t resist. Â The most expensive car in the CarMax inventory is a beautiful 2017 AMG GT with only 2,000 miles on it. Â I once asked how recently purchased brand new cars show up on CarMax lots and the sales rep told me they are likely reposessions. Â Bummer for them. Â This Los Angeles car surfaced in July 2017 for $114,998, only to be reduced by a thousand a week later. Â I saved it looking forward to adding it to the blog at some point when it vanished. Â I was sad. Â But last night it popped up again deeply discounted – to $109,998. Â A four per cent drop in a month. Â It only needs to drop another $75,000 to be in unicorn territory and I’ll pounce! Â Reminds me of the 2013 CLS550 that showed up for $13,599. Â I tried like hell to get the dealership to honor it but they wouldn’t. Â Sigh. Â SEPTEMBER 5, 2017 – BREAKING NEWS – PRICE REDUCED AGAIN TO $108,998! Â September 12, 2017 – PRICE STILL PLUMMETING! Â DOWN TO $107,998! September 18, 2017 – Reduced to $104,998. Â AT WHAT PRICE WILL THIS CAR SELL? Â Reduced $10,000 from first listing. Â Getting closer to unicorn territory. Â September 25, 2017 Update – The car is off the web. Â Has it sold? Will it resurface somewhere else? Â I’ll let you know. Â
Wild West Cars – Ponies and Bullitts
Ford Mustangs are growing on me. Â Used to think they were overrated, underpowered and clumsy, and I never really got over how far they had fallen by the 1979 Mustang II. I drove one to the prom. Â It was a bad night all around. But the 2005 retro Mustang nostalgically took me back to my childhood and 10 years later the sixth generation 2015 Mustang, with a modern independent rear suspension and 435hp really caught my eye with its sleek looks and high performance. Â Mustangs at CarMax are plentiful – as I write there are 444 on the lots nationwide, and almost half of those are V8’s (and I only count V8’s as real Mustangs). Â All Mustangs with V8’s are GT’s (well, except Bullitts). Â The cheapest is $13,599 and 107,000 miles and the most expensive 2017 Shelby GT350 with 1,000 miles will set you back $59,998. Â These are not unicorns.
But these Mustangs are. Â Let’s take a quick walk around the stable with these two relatively normal Mustang unicorns. At the bottom end we have a 2006 Mustang GT convertible, with only 40,000 miles and a price tag of $15,998. Â Cute car, 300hp, and a five second 0-60 run. Â I drove one recently and was surprised that with “only” 300hp it roared and scooted well. Â I thought it was going to be a dog but found it satisfactory, despite the solid axle I thought was made of wood. Â Pretty sure you can score another five years, 60,000-85,000 mile MaxCare warranty for a few thousand and be out the door for under $20k. Â You’ll almost be able to get vintage tags and still be under the MaxCare warranty!
And to show that not all my unicorns are old, at the top end we have a 2015 435hp beast with only 15,000 miles at $26,998. Â This one is still under factory warranty and so the MaxCare plan will be less. Â Â With a 0-60 of 4.4 seconds this stirs my soul. Â These Mustang GT’s sold for $35-45,000 just two years ago, so $27k seems like a good deal but not the $100,000 discount I look for in my German cars. Â But the 2015’s and up have an extensive array of technology and amenity upgrades that surprised me. Â Â For the same price as a 2015 Mustang GT you can buy a five to seven-year older Corvette, with better performance, more panache, but dated interior. Â It’s a real tough call. Â Check out this review:
First Five Fabulous Unicorns
I have a couple of dozen (about 50 really) CarMax unicorns tagged but wanted to open with a sampling of what’s on the lot today. Â Again, my bar is $35,000 or less, 60,000 miles or less, an enthusiast car, and relatively exclusive. Â Your standards may vary. Â So here they are in no particular order:
2007 Mercedes CL550 – The “big coupe” from Mercedes – the two door version of the S-class, originally a $100,000 car. Â You can read the review from the link below. Â It’s the third generation CL and has everything a top of the line Mercedes should have – in 2007. Â What I like? It’s big, exclusive, comfortable, well-appointed with Distronic auto cruise control, cheap, low miles (driven only 3,400 miles yearly), and you can get a warranty for the next five years. I like that with only 34,000 miles CarMax will likely give an affordable warranty to 75,000 miles – but I would take all they offer that I could afford. Â What I don’t like? Â No bluetooth. Ad says rear view camera but I doubt it – CarMax photo spread almost always shows a shot of the rear view camera in action if it has one. Â Rear view photo of the car doesn’t show one. Â I don’t like less than 400hp but 382 ain’t bad. Â I also don’t like that this car is not transferable and is 3,000 miles away from me. Â I would give it serious consideration. Â I’ll bet it’s gone in days, although there’s also a 2009 CL550 on the lot at $32,998 that hasn’t moved in a week. Â We shall see!
2011 BMW M3 – The “benchmark” sport coupe per the review below, and the best everyday sports car I can imagine. Â I’ve owned a 3-series. Â Everything is in the right place. Â M3’s are tough to find in my unicorn category. Â Once a $70,000 car, most are close to the $35,000 unicorn limit, have 70-80,000 miles on them and are 8-10 years old. Â I have a hard time paying that much for that old with that mileage. Â So I like the balance of price and mileage here. Â I like the SMG transmission and 400hp. Â I’m not a big fan of the hard top convertible only because I own a convertible. Otherwise it’s the best of both worlds. Â Don’t know why, but the hard top convertibles sell at a discount over the hard top coupes. Â If you like these then you’re in luck! Â A little short on amenities but you can’t have a bad day in an M3.