Carmax Buy Out My Lease May 2026

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.

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

: Honda Finance, Acura Financial, Nissan Motor Acceptance, Infiniti Financial Services, Mazda Credit, Southeast Toyota Financial. carmax buy out my lease

: 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

: You bring the vehicle to a CarMax store for a physical inspection to verify its condition. CarMax can buy out your lease directly, but

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

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

: You start by getting an instant offer on the CarMax website .