We dig deep into every car’s history to rule out any car with flood damage, frame damage, or salvage history. Any car that can’t meet our Clean Title Guarantee gets sold at auction — not to you. Cars must also pass a 125+ point inspection and undergo a detailed reconditioning to be sold at CarMax.
What is the best way to sell a car that you still owe on?
Selling to a dealer or trading in your vehicle when you still owe money is an easier way to offload it than selling to a private party. Most dealers will handle the transaction and work with your lender to close out the loan.
Can I sell my car to Carvana if I still owe on it?
Yes. Until the sale of your car to Carvana is final, continue to make your normal loan payments to avoid late payment penalties with your lender. Any overpayments will be reimbursed to you.
Will CarMax buy my car even if I don’t buy one from them?
Can I sell my car to CarMax without buying a car from CarMax? Yes, and our offer will be the same whether you’re buying from us or not.
Why would CarMax not buy my car? – Related Questions
Which is better CarMax or Carvana?
Which Is Better: Carvana or CarMax? Carvana is a better option if you look for convenience and ease of use in your purchases and trades. On the other hand, CarMax is ideal for people who want to test drive the car beforehand and who do not mind going to their nearest CarMax location to do it.
Does CarMax buy cars with over 100 000 miles?
The Answer: Yes, CarMax will buy your car with over 100,000 miles. However, getting quotes from multiple companies who buy cars is a good idea.
What is the oldest car CarMax will buy?
CarMax does buy old cars. In fact, they claim that they will buy any car, regardless of the vehicle’s age or mileage. CarMax offers are final and valid for seven days, so you won’t be able to negotiate your offer even if you think your car is worth more.
What kind of check does CarMax give you?
Once we’ve made an offer on your vehicle and you’ve accepted it (and you’ve brought your paperwork, IDs, keys, and remote fobs with you), we can issue you a bank draft on the spot. If you’re interested in selling your car to CarMax, click here.
Where can I sell my car for the most money?
Where Can I Sell My Car For The Most Money?
- Dealerships.
- Online car dealers.
- Individual private parties.
What’s the oldest car Carvana will buy?
Carvana will accept your vehicle if it is newer than 1992, the odometer is in working condition, and we are able to safely perform a test drive. We’ll also accept vehicles where registration is expired (except for California).
At what mileage should I sell my car?
30,000-40,000 miles: Most manufacturers’ general warranties expire in that range, and the first major maintenance is usually due. Selling before reaching those benchmarks may get you the best price for your car.
Can you trade in a car with 200k miles?
There is no exact mileage number that will make or break your vehicle’s trade-in value — but if it’s possible, you should trade your vehicle in before it reaches 100,000 miles.
Will CarMax buy a car with body damage?
Does CarMax Buy Cars With Problems? Yes — CarMax does buy damaged cars. In order to sell a vehicle to CarMax for cash, you typically have to bring the car in to get it appraised.
Can you negotiate with CarMax when selling a car?
CarMax advertises “no-haggle” pricing, and it does not offer price matching or negotiation on any car purchases, sales or trade-ins.
Does CarMax ask about accidents?
All of CarMax’s vehicles come with AutoCheck reports (click under Free Vehicle History on individual vehicle pages), so you can be aware of reported accidents, title issues, and odometer verification.
Will a dealer take a car with engine problems?
If you have a non-running car, you are probably wondering, “Can you trade in a car with a bad engine?” The simple answer is yes, you can. While a used car dealership will allow you to trade in your broken vehicle, you won’t be taking home a large check at all.
Will CarMax buy a car with a blown engine?
The short answer to this question is yes, they do. CarMax buys cars in all types of shape. They buy cars with transmission trouble, engine trouble, blown head gaskets, bad clutches and more. CarMax will buy almost any vehicle.
What should you not do at a car dealership?
7 Things Not to Do at a Car Dealership
- Don’t Enter the Dealership without a Plan.
- Don’t Let the Salesperson Steer You to a Vehicle You Don’t Want.
- Don’t Discuss Your Trade-In Too Early.
- Don’t Give the Dealership Your Car Keys or Your Driver’s License.
- Don’t Let the Dealership Run a Credit Check.
What should you not do when trading in a car?
Common mistake #1:
- Not having any idea of your car’s trade-in value.
- Trying to make your car “showroom ready.”
- Overestimating your car’s worth.
- Not mentioning your plans to trade-in up front.
- Not getting more than one offer for your trade-in.
How can I get rid of my financed car?
Pay off the car
The best way to get rid of a car loan is to pay off the balance of the loan. Check with your lender to see if a prepayment penalty will apply. If not, you can make extra principal payments to pay off the loan balance early. Then you will own the car outright and can keep it, sell it or trade it in.
Can you sell a car that is financed?
You are not the legal owner of the vehicle until it is fully paid off. You are not legally allowed to sell it without settling any outstanding finance first. You can settle this amount by selling the car through a dealer, however.
Does cleaning your car increase trade in value?
Fix points out that a clean and well-maintained car is most likely to get the highest trade-in value. “Clean the vehicle inside and out,” she says. “Detailing the car is like staging a home for resale.”