What will carmax pay

If you decide to sell, CarMax will cut a check right there. Just know that the appraiser may need to take your car for an actual test drive to confirm its condition before you get the check. Unless you plan to trade in your car , that is. Regardless of who you plan to sell your car to, there are a number of documents you need to have ready. The most important one being the title. When you sell a vehicle to Carmax, be aware that you might receive a low offer.

Your Carmax representative may offer you wholesale price in an effort to make maximum profit on your vehicle. You can take your vehicle to their lot for a free appraisal, although if you want to get the most money for your vehicle, Carmax will probably not be the best option.

At that point, you can schedule a time to take your vehicle in for an inspection. That weeklong period to decide is a big deal: It lets you shop your car with other dealers like Carvana or even test the private sale waters with a sure-thing offer already in hand. If you think you might want to accept the CarMax offer right away, you should be prepared with your:. Some states may require additional documents, but CarMax will alert you to those in advance if applicable.

CarMax turned the used car market upside-down when it opened almost 30 years ago. Today, the company is working hard to keep up with the competition chiefly Carvana and remains a great option for easily buying or selling a used car.

Have you bought or sold a car with CarMax? Tell us about your experience in the comments below! Home Cars.