Please bring your title with you when you sell your car to CarMax. The title must be provided at the time of sale.
Was a loan paid off?
If your vehicle is titled in a state where the owner holds title AND a previous loan on the vehicle has been paid off but is still recorded on the title, you will need both the title and lien release from the bank before CarMax can purchase your car.
Have an outstanding loan?
If there is a lien on the car, we will need to contact your lien holder during business hours to get a fifteen-day payoff. To get the payoff, we will need:
- Your lien holder's name and phone number
- The name(s) on the account
- The account holder's account and social security numbers
More than one titleholder?
If all titleholders cannot be present, you must speak to a Business Office Associate before you can sell your car to CarMax.
We may be able to accept a Power of Attorney allowing someone else to sign in an absent titleholder’s behalf. CarMax must be able to keep the original Power of Attorney so it can be attached to the title.
If a titleholder is deceased, you may have to transfer the title into your name before CarMax can buy your car. This can usually be done by taking the title and supporting papers to the local titling office. However, because this process varies by state, ask a Business Office Asssociate for more information.
If you are selling a vehicle on behalf of a company, please see a Business Office Associate for the requirements needed.
Is this a leased vehicle?
If so, CarMax will need some verbal confirmation of the payoff amount before we can purchase your vehicle. Please note that some leasing companies will not allow you to sell the vehicle prior to the expiration of the lease.