Will CarMax Buy A Car With A Bad Transmission?

Who buys cars with transmission problems?

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Will CarMax buy your car if you still owe on it?

Can I sell my car to CarMax if I still owe money on the car? Yes. … CarMax will then pay off your loan to free up the title so they can sell the car. If you owe $4000 on the car and CarMax will give you $5000 for the car, then CarMax will give you a check for $1000 and you will sign the title over to them.

Is it worth fixing a car transmission?

Rebuilding a transmission can save you a lot of money over the short-term, while keeping car payments out of your monthly budget. For many, rebuilding their transmission is worth the initial cost. Rebuilding a transmission may cost you twenty-five hundred dollars or more, which is a significant chunk of change.

How long can a car last with a bad transmission?

There is of course no set time or mileage, but there have been cases reported to us by car owners of transmissions failing after only 7,000 miles (rare – typically a used transmission in poor condition) and others that have lasted 300,000+ miles.

Can you trade in a car with a bad transmission?

Can you trade in a car with a bad transmission? In many cases, you can. Dealerships are often equipped to fix the problem, but it’s going to cost you on your trade valuation. Because your car doesn’t drive – or at least, doesn’t drive well – the dealer can’t be sure of the rest of your car’s condition.

How much can I get for a car with a bad transmission?

Most used car dealers would have to deduct the costs of repairing your bad transmission before paying you. This is because selling a car with a bad transmission to another buyer might land them in legal trouble. Most car dealers won’t pay above $500 – $1,500 depending on your car’s year/mileage/model/make.