Best Used Car Dealers in Memphis, Ranked by CarEdge Data
Key Takeaways
- 4 used car dealers in Memphis graded, including the used departments of new-car dealers, on verified out-the-door quotes for used cars.
- Lexus Of Memphis is the highest-graded used car dealer in the Memphis metro.
- Get an itemized out-the-door quote in writing before you visit. Used-car doc fees and add-ons vary more than new-car ones.
This is the CarEdge Dealer Transparency Index ranking of used car dealers in the Memphis metro. It covers independent used lots and the used departments of new-car dealers, graded on verified out-the-door quotes, not star ratings.
4 dealers in Memphis have enough verified used-car quotes to grade. Below are the top 4.
Last updated October 8, 2026. CarEdge refreshes these rankings daily as new verified out-the-door quotes come in.
The Best Used Car Dealers in Memphis
The best used car dealer in Memphis by verified out-the-door price data is Lexus Of Memphis (Lexus dealer, used department, Memphis): A grade, 98/100, 4 verified used-car quotes, with no dealer add-ons in any verified used-car quote.
Close behind:
- Chuck Hutton Toyota (Toyota, Memphis), A grade, 93/100, 11 verified used-car quotes, with used-car quotes 3.4% below the advertised price.
- Wolfchase Toyota (Toyota, Memphis), A grade, 92/100, 5 verified used-car quotes, with no dealer add-ons in any verified used-car quote.
Full ranking, used-car fees and add-on data for every graded dealer are below.
Top 4 Used Car Dealers in Memphis
Ranked by CarEdge transparency score, highest to lowest. Used-car figures come from each dealer’s verified used and CPO quotes.
#1 — Lexus Of Memphis
Lexus dealer, used department · Grade: A · Score: 98/100 · Memphis, TN
Lexus Of Memphis is the highest-graded used car dealer in Memphis on verified data, with no dealer add-ons in any verified used-car quote.
- Verified used-car quotes: 4
- Doc fee on used cars: $517 — well below the TN average of $697
- Add-ons on used cars: None in verified used-car quotes
- Used-car quotes vs listing price: 3.5% below the advertised listing
See full review & verified quotes →
#2 — Chuck Hutton Toyota
Toyota dealer, used department · Grade: A · Score: 93/100 · Memphis, TN
Chuck Hutton Toyota ranks #2 among used car dealers in Memphis on verified data, with used-car quotes 3.4% below the advertised price.
- Verified used-car quotes: 11
- Doc fee on used cars: $894 — well above the TN average of $697
- Add-ons on used cars: 9% of used-car quotes, avg $1,095
- Used-car quotes vs listing price: 3.4% below the advertised listing
See full review & verified quotes →
#3 — Wolfchase Toyota
Toyota dealer, used department · Grade: A · Score: 92/100 · Memphis, TN
Wolfchase Toyota ranks #3 among used car dealers in Memphis on verified data, with no dealer add-ons in any verified used-car quote.
- Verified used-car quotes: 5
- Doc fee on used cars: $799 — above the TN average of $697
- Add-ons on used cars: None in verified used-car quotes
- Used-car quotes vs listing price: 6.0% below the advertised listing
See full review & verified quotes →
#4 — Jim Keras Subaru
Subaru dealer, used department · Grade: B · Score: 86/100 · Memphis, TN
Jim Keras Subaru ranks #4 among used car dealers in Memphis on verified data, with used-car quotes 9.3% below the advertised price.
- Verified used-car quotes: 5
- Doc fee on used cars: $719 — above the TN average of $697
- Add-ons on used cars: 40% of used-car quotes, avg $399
- Used-car quotes vs listing price: 9.3% below the advertised listing
See full review & verified quotes →
How CarEdge Ranks Used Car Dealers
Every dealer here has at least four verified out-the-door quotes for used or certified pre-owned vehicles: real PDFs, emails and screenshots from actual shoppers, not star ratings. The ranking and grade are the dealer’s published CarEdge Dealer Transparency Index grade, which weights Fee Transparency (30%), Add-on Behavior (30%), Price Accuracy (30%) and Data Quality (10%) across all of its quotes. Every doc fee, add-on and price figure on this page comes from its used-car quotes only.
Grades: A (90–100), B (80–89), C (70–79), D (60–69), F (below 60).
Memphis Used Car Dealer Rankings at a Glance
| # | Dealer | Type | City | Grade | Score | Used Doc Fee | Used Add-on Rate | Used Quotes |
|---|---|---|---|---|---|---|---|---|
| 1 | Lexus Of Memphis | Lexus | Memphis | A | 98 | $517 | 0% | 4 |
| 2 | Chuck Hutton Toyota | Toyota | Memphis | A | 93 | $894 | 9% | 11 |
| 3 | Wolfchase Toyota | Toyota | Memphis | A | 92 | $799 | 0% | 5 |
| 4 | Jim Keras Subaru | Subaru | Memphis | B | 86 | $719 | 40% | 5 |
Shopping new? CarEdge also ranks every brand’s dealers in Memphis: see the best car dealerships in Memphis.
How to Buy a Used Car Without Surprises
- Get an itemized out-the-door quote in writing before you visit. If a dealer won’t send one, keep shopping.
- Ask what fees apply to used cars. Reconditioning, prep and certification fees often show up only on used vehicles.
- Ask for all dealer add-ons removed. Window tint, nitrogen and protection packages are optional.
- Get the vehicle history report and an independent inspection. A fair price on a car with problems is not a good deal.
- Compare at least three dealers. Used-car doc fees in the same metro can differ by hundreds of dollars.
Rankings are generated from the CarEdge Dealer Transparency Index, a public methodology that scores dealers on verified out-the-door quotes, not Google star ratings or paid placements. CarEdge refreshes the rankings daily as new verified quotes come in.
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