Carmax Buy Out My Lease Apr 2026

If your lease is eligible, the process follows these standard steps:

As of April 2026, CarMax directly buy out leases from the following major lenders: Domestic : Ford Credit, GM Financial, Lincoln Credit, Tesla.

: If the CarMax offer is higher than the payoff amount, they pay the leasing company and give you a bank draft for the difference. carmax buy out my lease

: Honda Finance, Acura Financial, Nissan Motor Acceptance, Infiniti Financial Services, Mazda Credit, Southeast Toyota Financial.

: CarMax contacts your leasing company during their business hours to get a "dealer payoff" quote. Closing the Deal : If your lease is eligible, the process follows

CarMax can buy out your lease directly, but only if your leasing company allows third-party buyouts. If your brand is on their restricted list, you must first purchase the vehicle yourself, obtain the title, and then sell it to CarMax as a used car.

: You bring the vehicle to a CarMax store for a physical inspection to verify its condition. : CarMax contacts your leasing company during their

: If you owe more than the offer, you must pay CarMax the difference on the spot via cashier's check or certified funds. Excluded Leasing Companies