Down Car - Will Carmax Buy An Upside

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

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

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