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
This option depends on your credit score, the value of the new car, and the lender's loan-to-value (LTV) requirements. will carmax buy an upside down car
CarMax does not allow you to use a credit card to pay off negative equity. Roll the Debt Into a New Loan: Yes, , but you must reconcile the "negative
Cashier’s checks, certified checks, certified funds, or debit cards are accepted. the value of the new car