Sold my 2022 Bolt to Carmax today, by far the highest bidder, loaded 2LT with just under 10k miles, $28,500. Nets me about $6250 after my payoff, didnāt even make the first payment on that loan 
, just bought the lease out the end of January. Did a SOC last summer from my 2020, so all said and done GM paid me about $1400 to drive two Bolts over 42k miles.
EDIT: Forgot I got $2135 back from GM for the swap, so $3535 to drive 42k miles
What a hack!
Few days ago we sold Infiniti Q50S AWD with $39k miles to our local CarMax for $23,600. Initial quote was for $23,000, but they came higher after they saw the car, even thought we had a fender damage that required $500-600 of repairs. They said that this car was flagged as in high demand in their system.
I bought this 2022 Toyota Corolla LE as brand new last May at MSRP($22700+TT&L) because i had no car to drive after i totaled my BMW lease and couldnāt find any suitable replacement as market being crazy back then.
Finally found a great lease deal on Porsche Macan loaner last week and signed this Monday.
Just out of curiosity, ran a online carmax appraisal and received the online offer of $23500ā¦ which is kinda crazy because Toyota dealer is selling brand new Corolla at MSRP($23200+TT&L).
So i just sold it today. Feels good to having a great temporary ride at net cost of $950 for 15k miles.
Nice transition from corolla ā macan!
Got the highest quote from CarMax for my 2020 MDX, since they cannot take leased car, got another Acura dealer match CarMax offer, net $7400 equity check. Used some of the equity to jump on the QX80 deal this month, a bigger and more expensive car for less monthly payment 
Previous MDX lease posted Here
New QX80 lease posted Here
I love this forum!! 
So you didnt sell one to carmax then right?
Should I change title to āAlmost sold one to Carmaxā?
Or āSold One to CarMax (NOT)ā
Was not able to find a thread āsold one to dealershipā ā¦ lolā¦
Lol there is a honda, did not check for acura
I have a 2021 camry i paid 23.4k+TTL, i have an offer of 24.4k for Carmax and I am really tempted to sell but canāt find anything I want lol. maybe even pick up a beater car and order something
Haha, I actually asked a local Honda dealer, they told me they also cannot buy leased Acuraā¦ which sounds weird, thought they are the same companyā¦
They just didnt want it i guess as it is the same company
When is the best time to sell to Carmax? My lease is up in about 5 months and I canāt sell the car to a third-party within the final 60 days of the lease. I brought my car to Carmax yesterday and they offered me roughly 10k over the estimated buyout (end of lease buyout + 5 remaining payments). This seems like a great deal. My vehicle currently has only 24,500 miles out of the 42,000 allotted. It also is a trim that is one of the rarest for its make and has an upgraded engine. I searched the Carmax listings and only see one vehicle for the same year, same engine, and under 30k miles. I feel that my choices would be take the offer this week and pocket roughly 10k. However, the final 5 payments are going to be paid for out of their purchase offer so in theory the best case would be to keep the car for 2 more months then sell it. However, that comes with some risks, the market could change and there will be more miles on it. Now I would anticipate about 500-750 miles per month and I could use it even less to preserve the miles as it is my secondary car. There offer was significantly better than the trade in value my dealer offered me (not really a surprise) and also higher than Carvana by a few thousand. So do I milk 2 more months of use out of it since Iām paying for those months anyway with the risk of the offer decreasing or do I take the money and run? Thanks for reading and thanks for the advice in advance.
The best time, when there is lots of Equity. and itās not 5 payments, itās a prorated number.
So sell it now.
Thank you! When you say itās not 5 payments, you mean the financing company would take less money then they are legally entitled to? I just assumed (I know what happens when I assume lol) that they would want the remaining 5 payments + the buyout since that is what they are legally entitled to.
Most (Not all) take a little bit less due to how MF calculation works. If you pay early they forgive the rent portion remaining. (Not the depreciation). Donāt forget some places still charge Disposition on buyouts but thatās all in your payoff statement.
First of all make sure that you can sell to Carmax and that Carmax can buy it, or actually wants to buy it when they find out it is a lease (for instance Iāve heard that Carmax can technically buy a Hyundai lease, but some locations donāt because there is such a delay in getting a title)
Next, when you sell the car to Carmax, there is no more lease. You donāt make any payments, Carmax owns the car from that point. Call up your bank or leasing company and find out the third party buyout price. This price is also called the 10 day payoff or buyout quote. Make sure that the numbers are all aligning and that you actually have equity. Some manufacturers such as VW charge different buyouts; some wonāt allow you to sell to a 3rd party, and some like Ally or Us Bank Charge third party companies a completely different price. Good luck. By the way curious to know what is the car and leasing company?
Itās against Carmax policy to buy Hyundai/Kia leases, but some locations will make the exception after talking to HMF