CarMax can buy out your lease directly, but only if your leasing company allows third-party buyouts. If your brand is on their restricted list, you must first purchase the vehicle yourself, obtain the title, and then sell it to CarMax as a used car.
As of April 2026, CarMax directly buy out leases from the following major lenders: Domestic : Ford Credit, GM Financial, Lincoln Credit, Tesla. carmax buy out my lease
: You start by getting an instant offer on the CarMax website . CarMax can buy out your lease directly, but
: You bring the vehicle to a CarMax store for a physical inspection to verify its condition. : You start by getting an instant offer
If your lease is eligible, the process follows these standard steps:
: If you owe more than the offer, you must pay CarMax the difference on the spot via cashier's check or certified funds. Excluded Leasing Companies
: BMW Financial Services, Volkswagen Credit, Audi Financial Services, Volvo Financial. Other : Ally Financial, World Omni. Key Considerations Does CarMax buy leased cars?