Complimentary NY Metro Delivery + Total Loss Protection Available • See How It Works

Just Text Us

(201) 815-8216

How does CarMax pay you when buying your car?

CarMax issues payment by check at the time of the transaction or via ACH transfer, depending on how the sale is structured. If there is an outstanding loan, CarMax pays the lender directly and sends you any remaining equity separately. Payment is typically same-day for the portion going to you once paperwork is complete.

See all FAQs