Audi Financial Services, BMW Financial Services, Volkswagen Credit, and Volvo Financial. Others: Ally Financial and Tesla. How the Process Works
If your leasing company is on the "no-buy" list, you have two main workarounds to still sell to CarMax: Does CarMax buy leased cars? can carmax buy my leased car
Ford Credit, GM Financial, and Lincoln Credit. Ford Credit, GM Financial, and Lincoln Credit
As of April 2026, CarMax purchase vehicles directly from the following leasing companies: Chrysler Capital or Mazda Financial Services)
, but whether they can buy it directly from your leasing company depends on your specific lender's rules . While CarMax is willing to purchase most vehicles, many major auto manufacturers have banned "third-party buyouts," which prevents CarMax from buying the car directly from the lessor. Prohibited Leasing Companies
CarMax contacts your leasing company to get the "dealer payoff" amount.
If your lender third-party buyouts (e.g., Chrysler Capital or Mazda Financial Services), the process is straightforward: Appraisal: CarMax appraises your car online or in person.
