Does carmax buy cars?

In some cases, the negative equity can be included in your financing when you buy a CarMax car. If not, we'll calculate the difference between your pay-off and our offer to you and you can pay CarMax directly. CarMax Car Buying Centers can accept cashier's or certified checks and certified funds. CarMax stores also accept cash and debit cards. read more

The biggest issue with selling a car to Carmax in Illinois is you lose the tax break if you don’t also buy a car from them. With sales tax of ~ 8% and a hypothetical $10k car — Carmax has to do more than $800 better to make it worth your while. read more