Buy Salvage Cars — Does Carmax

So why would they buy yours? CarMax is actually one of the largest automotive auction operators in the U.S.. When they buy a salvage vehicle, they aren't looking to put it on their showroom floor; they are buying it to sell at a wholesale auction to other dealers or dismantlers. 2. Managing Your Expectations: The "Salvage Discount"

: Expect a significantly lower offer than for a clean-title version of the same car. Branded titles can reduce a car's value by 20% to 50% depending on the extent of the damage.

While they will not resell these vehicles on their retail lots, they often purchase them to sell at their own wholesale auctions. Key Selling Details does carmax buy salvage cars

: Because of the title brand, you often cannot get a firm offer online. You will usually need to bring the car to a CarMax location for an in-person appraisal to verify the quality of any repairs.

The short answer is , but with a major catch. Here’s what you need to know before you pull into their appraisal lane. 1. Why CarMax Buys What They Won't Sell So why would they buy yours

If you’re staring at a car with a "salvage" or "rebuilt" title, you might think your only option is the local junkyard. But what about the big-name retailers? Many sellers wonder:

A salvage title indicates that the car was once declared a total loss by an insurance company. Even if it’s been perfectly repaired and rebranded as "rebuilt," it carries a "clouded" history that permanently lowers its value. While they will not resell these vehicles on

: CarMax only sells "CarMax Certified" vehicles to consumers, which must have a clean title history. Branded titles (salvage, rebuilt, or flood) are sent to CarMax Auctions for licensed dealers to purchase.