Users can also contact sellers via the email listed on their listing page if they have any questions before making a car purchase decision. It’s an easy option if you want to upgrade your ride without having all of the hassle involved with selling it yourself.

You can still sell your car to CarMax after the seven-day period, but you’ll need to get a new offer. Then, you’ll receive an offer online and can choose to accept or reject it. Extended car warranty option offers more comprehensive coverage than their included limited warranty, which only covers you up to 30 days or 1,500 miles.

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Schedule a free pick-up or drop off with no hidden fees. Receive your payment on the spot in as little as 48 hours.

Should you owe more than the car is worth, you can pay off the negative equity yourself or finance it under a new vehicle loan with CarMax depending on the amount. However, be careful with the second option, as you’ll probably be underwater on the new loan. CarMax works as an online car dealer, serving as an alternative to a dealership to offer you upfront, locked in pricing for selling and buying. While this can seem straightforward, there is a lot to learn about their services. Below, we will break down what you need to know about selling and buying a car with CarMax, along with other related services they offer. First, think about how much time you want to dedicate to selling your car. TrueCar lets you get a True Cash Offer for your car in minutes.

Selling a car without the V5C

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First, when buying a new car, don’t automatically assume you have to trade-in at the same dealership. You should always separate your trade-in from your purchase, and this sometimes means you won’t be selling your car at the same dealership where you purchase. In the end, you need to weigh these pros and cons and see if an extra $2,000 to $4,000 is worth the extra effort.