As of April 2026, CarMax directly buy out leases from the following major lenders: Domestic : Ford Credit, GM Financial, Lincoln Credit, Tesla.
: CarMax contacts your leasing company during their business hours to get a "dealer payoff" quote. Closing the Deal :
If your lease is eligible, the process follows these standard steps: carmax buy out my lease
: You start by getting an instant offer on the CarMax website .
: BMW Financial Services, Volkswagen Credit, Audi Financial Services, Volvo Financial. Other : Ally Financial, World Omni. Key Considerations Does CarMax buy leased cars? As of April 2026, CarMax directly buy out
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.
: If the CarMax offer is higher than the payoff amount, they pay the leasing company and give you a bank draft for the difference. : BMW Financial Services, Volkswagen Credit, Audi Financial
: Honda Finance, Acura Financial, Nissan Motor Acceptance, Infiniti Financial Services, Mazda Credit, Southeast Toyota Financial.