Will Carmax Buy An Upside Down Car (SIMPLE – Report)

When you sell an upside-down vehicle to CarMax , they will contact your lender to get a 10-day payoff quote. Because the car’s title has a lien on it, the loan must be fully satisfied for the title to be released to CarMax. Your Two Primary Options

CarMax does not allow you to use a credit card to pay off negative equity. Roll the Debt Into a New Loan: will carmax buy an upside down car

Cashier’s checks, certified checks, certified funds, or debit cards are accepted. When you sell an upside-down vehicle to CarMax

Only accepted if the amount you owe is less than $250 . will carmax buy an upside down car