A simple Answer TO yOUr Question
Do I need to buy out my lease before CarMax can buy it?
Not always. If your leasing company allows third-party buyouts, CarMax can work directly with them without you buying the car first. However, if third-party buyouts are restricted, you would need to exercise your purchase option first, obtain the title, and then sell the car to CarMax as a used vehicle. Check with your leasing company before visiting CarMax.
📥 FREE DOWNLOAD
The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
Smart move!
Download the guide below, plus we've sent a copy to your inbox.

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