Will Carmax Buy An Upside Down Car May 2026

Only accepted if the amount you owe is less than $250 .

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 will carmax buy an upside down car

This option depends on your credit score, the value of the new car, and the lender's loan-to-value (LTV) requirements. Only accepted if the amount you owe is less than $250