- Can I sell my car to CarMax if I still owe money on the car?
- What if I sell my car and they don’t transfer the title?
- Can I sue someone for Title jumping?
- How accurate are Webuyanycar valuations?
- Can you sell a car across state lines?
- Will CarMax buy my car for a fair price?
- Does CarMax pay hourly or commission?
- Where is the best place to sell your car?
- How do I sell my car to another state?
- Are CarMax cars overpriced?
- Can you sell a car without the owner present?
- Can you negotiate price at CarMax?
- Does CarMax pay cash?
- Can I sell my car to CarMax without registration?
- How many miles is good for a used car?
- Is CarMax a good place to sell your car?
- Will CarMax buy any car in any condition?
- Who owns a car when two names are on the title?
Can I sell my car to CarMax if I still owe money on the car?
Can I sell my car to CarMax if I still owe money on the car.
CarMax will then pay off your loan to free up the title so they can sell the car.
If you owe $4000 on the car and CarMax will give you $5000 for the car, then CarMax will give you a check for $1000 and you will sign the title over to them..
What if I sell my car and they don’t transfer the title?
The sale of a car without the certificate of title can pose risks for both the seller and the buyer. The biggest risk for the seller is continuing liability for the vehicle if ownership is not legally transferred. The absence of a title also means that the buyer cannot insure or register the vehicle.
Can I sue someone for Title jumping?
Maybe you have thought about, “Can I sue someone for title jumping?” Title Skipping, Title Floating, or Title Jumping is illegal in all 50 states. … Title fraud is intentional and considered a felony. If caught, you can be charged with fines, penalties, and possible jail time.
How accurate are Webuyanycar valuations?
Getting an initial valuation on webuyanycar.com is simple: you’ll need your registration number and mileage. … In many cases, therefore, this valuation won’t be accurate, and you could be offered a lower price following webuyanycar.com’s inspection.
Can you sell a car across state lines?
One of the most important things to keep in mind when selling a used car across a state border is that you’ll have to go through with a title transfer application at both your local DMV and the DMV in the state in which the car will arrive. … Have the buyer do the same for his or her local DMV.
Will CarMax buy my car for a fair price?
CarMax will buy just about any make and model of car. Whether you have a luxury vehicle or a car that has one working taillight, CarMax will appraise that car and make you an offer.
Does CarMax pay hourly or commission?
Salaries are based on commission, but CarMax states that it offers no-haggle pricing and a customer-friendly focus to its sales process. Commission isn’t based on the price of the car being sold, which enables car sales consultants to focus on helping customers find the right car.
Where is the best place to sell your car?
Consider the following five as some of the top sites to sell your car online.eBay Motors. eBay is one of the top places to sell cars online, and for good reason as it boasts over 160 million buyers. … Craigslist. Probably the second most popular place for car selling is Craiglist. … Cars.com. … CarGurus. … Autotrader.
How do I sell my car to another state?
The process of doing that is quite simple:Apply for the NOC by submitting RTO Form 28 to the RTO of the original state. … If you plan on selling your car in the new state already, you would need the RTO Form 29 from the original RTO.Submit the NOC to the new RTO.Pay the road tax as applicable in the new state/RTO.More items…
Are CarMax cars overpriced?
CarMax Cons: Their prices aren’t as low as other dealers’. The Truth About Cars analyzed the sales prices of similar vehicles on eBay and CarMax and found that their prices were consistently higher, often by a few thousand dollars. That’s because they have more overhead, which the site points out.
Can you sell a car without the owner present?
You will have to get the named person or persons on the title to sign the title. Then you can sell the car as your own. It will be like you bought the car yourself from them, whether you actually paid them or not. You can also sell the car if you have a power of attorney from the owner(s) for that purpose.
Can you negotiate price at CarMax?
CarMax’s brand is synonymous with transparency. The retailer has a no-haggle policy for used-vehicle prices and trade-in offers. CarMax gives free, no-obligation valuations and offers consumers a price that’s good for seven days. … Customers know what to expect at CarMax.
Does CarMax pay cash?
CarMax stores accept cashier’s checks, certified checks, certified funds, cash, and debit cards. CarMax Car Buying Centers (locations that only buy cars) can accept cashier’s checks, certified checks, and certified funds. … In most cases, you can sell your leased car in almost the same way as any other financed car.
Can I sell my car to CarMax without registration?
If you want to sell your car to CarMax, you will need to provide the title — it’s one of the requirements CarMax enforces when buying cars or accepting trade-ins. … If you lost the title to your car, you can apply for a new car title and you will be reissued one after proving ownership.
How many miles is good for a used car?
How many miles are too many? Really, it depends on a lot of factors but, if in doubt, shoot for the 12,000-mile/year average. Even so, don’t be afraid of cars that are outside of this range, provided the used car in question has been well maintained and there are records to show that.
Is CarMax a good place to sell your car?
Carmax is a great place to sell your car because they don’t get a lot of trade-ins and will usually offer you more for it than a dealer would. It’s not a good place to buy a car for the same reason—they have to overpay to keep their inventory stocked. Forget about KBB & Edmunds—-they don’t write checks.
Will CarMax buy any car in any condition?
While CarMax will buy a vehicle in almost any condition, this will depend on the extent of damage of your car. CarMax will reportedly buy cars that are damaged and even have salvage title cars. For cars with extensive damage or a salvage title, CarMax will then sell that car to an upcoming dealer auction.
Who owns a car when two names are on the title?
The title reflects ownership of the vehicle, and multiple parties may also be listed here. The names on the two documents do not necessarily have to match. If two people are on a car loan, the car still belongs to the person who is named on the title.