Carmax Vans For Sale (2024)

FAQs

Does CarMax negotiate selling? ›

CarMax has a no-haggle policy, which means you can't negotiate the price. This can be a benefit, though, because you know you're getting CarMax's best rate first instead of a lowball offer. You can still sell your car to CarMax after the seven-day period, but you'll need to get a new offer.

CarMax will even buy cars that they don't expect to sell, such as badly damaged vehicles, that they will sell to auction. There are exceptions to the vehicles that CarMax will buy. The retailer will not buy a salvage vehicle. It will also not buy one with frame damage or flood damage.

Between Carmax, Vroom, and Carvana, Carmax offered the highest amount for used vehicles 63% of the time. Vroom had the lowest average offer price of the three dealers and was the lowest offer in 46% of the cars we tested.

You will leave with payment in hand the same day you sell us your car. We pay with a bank draft, which is a type of check where payment is guaranteed to be available by the issuing bank. A bank draft must be deposited and cannot be cashed.

No, all of our offers are firm and valid for 7 days.

As the original disruptor of the automotive industry, our “no-haggle” prices transformed car buying and selling from a stressful, dreaded event into the honest, straightforward experience all people deserve. We've been raising the bar on customer experiences ever since.

1. Private Sale. You can likely get the most money for your car by selling it privately. This is because you're selling to the next owner directly instead of through a middleman like a dealership or car buying website.

Our team found the best junk car buyers to be Peddle, Copart and local junk buying services. This gives you options to explore when considering this type of vehicle sale. We recommend taking your time with the sales process and comparing offers from multiple buyers before committing to one.

Free Online Valuation

CarMax has a thorough appraisal process, but non-negotiable. You'll need to drive your car to a CarMax location and they'll complete the appraisal process while you wait. This takes around 30 minutes, after which you'll get an offer good for 7 days at any CarMax location.

How long does CarMax approval take? ›

We offer financing through several finance sources, including CarMax Auto Finance, a division of CarMax. Most of our customers' financing decisions are available in 5 minutes or less.

In some cases, the negative equity can be included in your financing when you buy a car from CarMax. If not, we'll calculate the difference between your pay-off and our offer to you and you can pay CarMax directly. If the amount you owe is less than $250, we will accept a personal check.

We only adjust online offers if a car's condition, use, or history differs from the information we received.

A car fax is an estimated value of a vehicle, it is not binding on either party. It's like a Zillow listing for a home. You can use a car fax to negotiate a price but you cannot force a sale, just like a dealer cannot force a purchase based upon a listing.

MARKETWATCH GUIDES TIP: Can You Negotiate With Carvana? Carvana does not negotiate prices on sales or purchases of vehicles. The price you see on an offer is the price you get, with no wiggle room.