Buy An Upside Down Car — Will Carmax

If you are trading in your car for another vehicle at CarMax, you may be able to "roll over" the negative equity into your new auto loan.

CarMax does not allow you to use a credit card to pay off negative equity. Roll the Debt Into a New Loan: will carmax buy an upside down car

When you sell an upside-down vehicle to CarMax , they will contact your lender to get a 10-day payoff quote. Because the car’s title has a lien on it, the loan must be fully satisfied for the title to be released to CarMax. Your Two Primary Options If you are trading in your car for

Only accepted if the amount you owe is less than $250 . will carmax buy an upside down car