Had a friend sell his leased Lexus ES to CT Carmax and was quite happy. Goodluck.
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Did you get a quote from AutoNation?
Just to provide an update for everyone. Went to Carmax today in CT. Process was smooth and effortless. Gave me exactly what they quoted my car for online. They called and got the payoff from Lexus Financial services which was a little under $25000 and gave me a check for the difference which was $7426 and change. Exciting to make money off a lease!
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Glad to hear, enjoy.
Sold my 2019 Jeep Cherokee for $28,500, offer came in higher than last month.
Walked out with a $8600 check! Took about 2 hours.
Other offers ranged from 23k-27k.
Also had no issues extending my lease a month to be outside the 60 days, since it was originally ending mid June.
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So did you sell the Cherokee to Carmax after the extension with CCAP? Iām assuming the original lease end (June) was within 64 days but after extension to July it was outside the 64 days?
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Correct - my original lease end is 47 days out. After extension it was 77. No issues with CarMax asking for payoff. Also confirmed with CCAP before I went in.
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Thanks for the confirmation. Was getting different answers from CCAP a couple of months ago as how they calculate the 64 days from original lease end or extension end.
Anyone know whether Carmax offers are higher if you have the title in hand? Thinking about selling a car to them soon and wondering whether itās worth it to pay it off first.
No, wonāt make a difference
Going to dump my 12 month ICE lease tomorrowā¦as my EV is arriving and Iām going fully EV household. Scary!
What do I do with my accessories (like mats/nets)? Do I bring them in and try to sell/barter, or keep and try and dispose of online/forum marketplace?
Anything I should watch out for?
Thanks.
Will post full details when deal is complete!
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As long as you know your payoff and the agreed upon selling price is correct, thereās not much to do. Take the car off your insurance policy and do the DMV release of liability.
If you wanna go a step further, check with the bank/captive to make sure the payoff goes through later on.
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Be sure to do this on a weekday, verbal confirmation could be a requirement. Anything that didnāt come with the vehicle take it out / sell. Anything you did to the vehicle that is attached mention it & a see if you can get some extra money for it.
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Also if you donāt have a ride home, I always ask the dealer to Uber me home - never had one turn me down. Saved me a $100 bucks.
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CarMax wonāt pay for Uber. Their business model is different than a traditional dealership, itās not a manager who appraise your car. They have a buying team assigned for each region so itās not up to the employees at that store and they donāt have any margin to offer you incentives
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And early enough in the day so that the captive is still open for business. An hour before closing on the West Coast is not gonna cut it
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Thatās what every dealer told me, but they ended up paying anyways. It doesnāt hurt to ask.
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Sold couple cars to Carmax, only āfreeā ride they offered me was a Lyft to the nearest train station lol
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Wrongā¦I sold a car Friday (Burbank), and two different employees offered to call a Lyft for me.
Well, I guess youāre rightā¦it was a Lyft, not an Uber 
As for the appraisal, they inspect the car to compare against the information you put down on line. I watched a guy inspect my car. They said that itās rare for the instore offer to be different than the online offer.
Great transaction, BTW. Everything super smooth and easy. No sales pressure whatsoever, despite store looking like a giant time share salesroom!
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I work for CarMax thatās why I know it for a fact. Maybe their policies are different for west coast. I have seen customer walks away just because we are not offering them a ride. Sounds stupid from a storeās perspective but thatās what we do.
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