If you are only selling your car (and not buying a new one), you must pay the negative equity to CarMax on the spot.
CarMax does not allow you to use a credit card to pay off negative equity. Roll the Debt Into a New Loan: will carmax buy an upside down car
Experts from Chase and CarEdge warn that this immediately puts you "underwater" on your next car, potentially creating a cycle of debt. Recommended Preparation What if I owe more on my car than the amount of your offer? If you are only selling your car (and
This option depends on your credit score, the value of the new car, and the lender's loan-to-value (LTV) requirements. the value of the new car
Cashier’s checks, certified checks, certified funds, or debit cards are accepted.