Hi everyone, I am looking to sell my leased Nissan Rogue. Tried the usual Vroom and Carvana (who don’t buyout Nissan leases anymore 
)and figured I would try CarMax. I noticed they now have a quote system on their website similar to that of Carvana where it gives you an actual offer price and code. The CarMax offer is 2k higher than Vroom. Anyone use that new system? And if so did CarMax stick to the offer? Thanks in advanced!
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Are you sure you can even sell your lease to Carmax?
I was under the impression Nissan leases can only be bought out by the leasee or a Nissan dealership.
Carvana used to buy out Nissan leases but doesn’t anymore. Vroom said they still will buy out the lease. If I want to buy it myself, I have to buy it through a Nissan dealer and pay dealer fees etc. I called Nissan and they told me that any dealer can buy out the lease, but I haven’t checked directly with carmax if they work with Nissan.
Can speak on the online service, not to the Nissan part.
In one late night research session I did the Carmax online thing and didn’t like the number.
A few days later I went to Carmax to get an in-person quote, totally forgetting that I had done it online. They said “oh, we see you’ve used the online service, it’s usually pretty close but not always, so we’ll check it out.”
Actually came back $2k higher in person. ($26k to $28k - Done last week 3/1).
Probably can’t say that’s always the case, but I imagine if your vehicle is in pristine condition and in demand, maybe a bit more. Bad condition a bit worse. Online just has to give an average and give a disclaimer that prices may vary upon actual inspection.
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Thanks for sharing this info - I’m planning on going to carmax next week as I got a quote about $2k above my lease payoff and had Carmax call Chrysler cap to confirm buyout amount.
Did you “negotiate” at all on the value of your car or they just did the inspection and offered you more $$?
There’s no real negotiating when they check your car. They walk around, snap some pictures and send it off to some one who runs all the numbers, possibly not even in-house.
About 20 mins later they bring you a sheet offer with the quote and the details on it being good for 7 days. No one to negotiate with, and they won’t go back asking for more.
My vehicle still has the carpet floor mats in the bags, a second key unopened, new tires, etc…
Not sure if having and showing them those made any difference at all though. The guy doing the estimate this time was friendly, but also just felt like they were just “going through the motions” to get it over with.
I’ve always gotten strong offers from CarMax, then used that sheet of paper at other dealers to get them to beat/match it. third time doing that now, only once actually selling to them.
Maybe this is a good place to ask. Why wouldn’t Nissan allow an online dealer to buy it? What is the difference between a dealer buying it vs you buying it and then selling it to a dealer ?
Don’t know. Other captives don’t have this requirement but some do.
You should call up Nissan Credit to ask and report back.
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Scroll up to see the post saying Vroom is still buying Nissan (NMAC) leases. So it is apparently a decision on Carvana’s end.
for my clients who have done this, ALgo gave the highest value on nissans.
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Can confirm CarMax does Nissan lease buyouts, just sold them a Rogue a few days ago. They beat Carvana and Vroom. I didn’t do online quote, just went to a location and received the offer.
Thank you. I checked with vroom and algo and they are both about 2k below carmax offer.
Awesome to hear. Keep checking the online quote system and it’s gone up $200 over the last two days. I’ll try the incognito trick and keep checking for a higher price. Thanks!
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Just an update been checking the carmax offer over the past few days online. Just this morning it was $18,100 and just did a new quote and it’s $18,900 now! Vroom is still at $16,225.
Yes, I did a CarMax quote online last week. They offered me $19,600 for my car. The offer expired after 7 days so I decided to go to their local store and got offered $20,000. I think I’m going to take that deal since the payoff on my lease is $17,800.
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Have two instances now (mine and another) where the price in-person clearly beat the online offer with Carmax as well. Both vehicles were in excellent condition. So I really think that the online tool is going pure average and once you go in person and prove it is nicer than average, you’ll get a decent boost.
Easy peasy with carmax. In and out in an hour. Same price as my online appraisal. Nice $2,500 check cut for the positive equity.
Cant speak for the Nissan thing but just sold my fusion to them and it was easy. Quote matched what the online appraisal said and they worked it out with my lien holder and paid me the different on positive equity.
Overall I’d say it was a great experience.
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