Can I sell my car to CarMax even if I still have a loan on it?
Asked 6 months ago
Yes, you can sell your car to CarMax even if you still have a loan on it. CarMax accepts vehicles with outstanding loans and can facilitate the loan payoff process on your behalf. When you sell your car to CarMax, they will assess its value and offer you a fair and competitive price based on market conditions. If the agreed-upon sale price is lower than your loan balance, CarMax can work with your lender to pay off the remaining loan amount directly. If the sale price is higher than your loan balance, CarMax will provide you with the difference, making the process seamless and hassle-free. CarMax aims to provide a convenient and flexible car selling experience for customers in various financial situations.
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