: They can purchase most financed or leased vehicles. They will contact the lienholder or leasing company for a payoff quote and pay you any remaining equity. What CarMax Will NOT Buy
: They will buy cars that don't run, though you must have them towed to a store for appraisal.
: They maintain a written guarantee not to sell or buy cars with major structural or water damage.
: While they buy most leases, CarMax currently cannot purchase vehicles leased through certain companies, including Tesla, Ford Credit, GM Financial, Honda Finance, and Nissan Motor Acceptance , among others. The Appraisal Process