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How to Sell Your Car to CarMax: A Step-by-Step Guide

Get an offer online or in store, bring your paperwork, and leave with payment the same day. CarMax offers are firm and valid for 7 days, so you have time to compare before you accept.

Essential Takeaways

  • CarMax makes real offers online and in store, and they are valid for 7 days.
  • Offers are firm, but CarMax can adjust an online offer if the car's condition, use or history differs from what you reported.
  • You do not have to buy a car from CarMax to sell one, and the offer is the same either way.
  • Most locations can pick the car up from your home or work. Distance restrictions and a fee may apply.
  • CarMax pays with a bank draft the same day. A bank draft must be deposited and cannot be cashed.

To sell your car to CarMax, get an offer online or in store, bring your paperwork, and you can leave with payment the same day. CarMax offers are firm and valid for 7 days, so you have a week to compare it with other offers before you decide.

Here is how each step works, what to bring, and what to check before you accept.

CarMax Selling at a Glance

QuestionWhat CarMax says
Is the online offer real?Yes. Offers are real, online and in store, and valid for 7 days.
Can the offer change?Online offers are adjusted only if the car's condition, use or history differs from the information you gave.
Can I negotiate?No. All offers are firm.
Do I have to buy from CarMax?No, and the offer is the same whether you buy or not.
Will CarMax pick the car up?Most locations can pick it up from your home or work. Distance restrictions and a fee may apply.
How do I get paid?The same day, by bank draft, which must be deposited and cannot be cashed.
What if I still owe money?CarMax contacts your lender to arrange the payoff. If you owe more than the offer, you pay the difference.

Selling or trading your car?

Tell us the vehicle, and any offer you already have, and we’ll tell you what else it may be worth. There’s no obligation.

Step 1: Get Your Offer

Start on CarMax's Sell My Car page by entering your license plate or VIN and answering questions about mileage and condition, or bring the car to a store for an in-person appraisal. CarMax says its offers are real offers, not estimates, whether you get one online or in store, and that they are valid for 7 days.

Describe the car accurately. CarMax only adjusts an online offer if the car's condition, use or history turns out to be different from what you reported, so an honest description keeps the number from moving.

Step 2: Compare Before You Accept

CarMax does not negotiate its offers, so the way to make sure you are getting a good number is to compare it with other written offers inside the 7-day window. For the Carvana process, see how to sell your car to Carvana, and for a wider look at your choices, read where to sell your car for the most money.

Step 3: Choose a Store Visit or Home Pickup

You can finish the sale at a store, or schedule a pickup. CarMax says most of its locations can pick up your car from your home or work, but at-home pickup is not available everywhere, and distance restrictions and a fee may apply.

Step 4: Bring the Right Paperwork

To accept an offer in store, CarMax says you will need:

  • Your car's title, or your payoff information if you still owe money. All titleholders should be present.
  • Valid, current registration.
  • A valid state-issued photo ID for every titleholder.
  • All keys and remotes.

Requirements can vary by state, so check CarMax's list for New Jersey before you go.

Step 5: Get Paid

CarMax says you will leave with payment in hand the same day you sell your car. It pays with a bank draft, a type of check where payment is guaranteed by the issuing bank. A bank draft must be deposited and cannot be cashed, so check with your bank about when the funds will be available.

If You Still Owe Money on the Car

If you have a loan or lien, CarMax contacts your lender or lienholder to facilitate the payoff, and it will need your lienholder's name, contact information and account number. If your payoff is more than the offer, the difference is negative equity: you can pay CarMax directly, or in some cases include it in your financing if you buy a CarMax car. See selling a car you still owe money on for the full process.

Get a Second Number Before You Decide

If you already have a CarMax offer, tell us the vehicle and the offer you were given, and we’ll tell you what else it may be worth. You can compare my offer here before your CarMax offer expires.

Get an Offer

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Table of Contents

Authors

David Goldstein

President

Sean Ulsaker

Vice President

Pro Tip from Sean

Use the 7-day window. Get the CarMax offer first, then line up any other offers inside that week. Because CarMax does not negotiate, the only way to know whether its number is a good one is to have another written offer next to it.

About Vantage Auto Group

We're licensed New Jersey auto brokers based in Watchung. We help customers lease or purchase vehicles with one point of contact and a network of 350+ dealer partners. Vantage coordinates the process with the licensed dealership, which finalizes the contract and terms, subject to credit approval.

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Had the pleasure of trying Vantage Auto group to broker a vehicle for the first time and I cant recommend them enough. The experience was super easy, super quick, had a new car in my driveway within 3 days of contacting them. I worked alongside David Wagoner, one of their sales associates, who provided such a smooth experience and easy to communicate with. Please do yourself a favor, avoid the headaches of a dealership, and use Vantage for leasing or purchasing a vehicle as well as trying out their other services. Will be using them in the future for sure
Had the pleasure of trying Vantage Auto group to broker a vehicle for the first time and I cant recommend them enough. The experience was super easy, super quick, had a new car in my driveway within 3 days of contacting them. I worked alongside David Wagoner, one of their sales associates, who provided such a smooth experience and easy to communicate with. Please do yourself a favor, avoid the headaches of a dealership, and use Vantage for leasing or purchasing a vehicle as well as trying out their other services. Will be using them in the future for sure

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David, Omar, and the team at Vantage are awesome! The process was only a couple of days and they were able to secure my lease with much better terms than what the dealer was offering direct. Would highly recommend working with them if you’re in need of a new lease!
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David W. and his team put together a deal on a car that I am very happy with. They made the whole process extremely easy and pleasant. Highly recommend!

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Frequently Asked Questions

Get an offer online with your plate or VIN, or in store with an appraisal. If you accept, bring your title or payoff information, registration, photo ID for every titleholder and all keys. CarMax pays the same day by bank draft.

CarMax says its online offers are real offers and valid for 7 days. It only adjusts an online offer if the car's condition, use or history differs from the information you provided.

No. CarMax says all of its offers are firm and valid for 7 days. To judge the number, compare it with other written offers before it expires.

Most CarMax locations can pick up your car from your home or work. At-home pickup is not available everywhere, and distance restrictions and a fee may apply.

CarMax pays the same day with a bank draft. A bank draft must be deposited and cannot be cashed, so check with your bank about when the funds will be available.

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