Car — Will Carmax Buy An Upside Down

Yes, , but you must reconcile the "negative equity"—the difference between what you owe on your loan and CarMax’s offer—before the sale can be finalized. How the Process Works

If you are only selling your car (and not buying a new one), you must pay the negative equity to CarMax on the spot. will carmax buy an upside down car

This option depends on your credit score, the value of the new car, and the lender's loan-to-value (LTV) requirements. Yes, , but you must reconcile the "negative