: The majority of older or high-mileage vehicles are sent to CarMax’s own wholesale auctions . These auctions are held at many of their stores and are attended by licensed neighborhood dealers who buy the cars for their own smaller lots.
The core of the CarMax business model is accessibility. They offer appraisals for vehicles regardless of age, mileage, or even operational status. According to CarMax, if a car does not "make the cut" for their retail lot, they still aim to provide a purchase offer. What Happens to Older Cars? does carmax buy cars older than 10 years
: While rare, CarMax may keep an older vehicle for retail if it is in exceptional or "mint" condition and has low mileage. Generally, however, there is a "soft limit" for retail at 10 years and a "hard cut-off" for their website inventory at roughly 13 years. Valuation and Offers : The majority of older or high-mileage vehicles
When you sell a car older than 10 years to CarMax , it rarely ends up in their consumer-facing inventory. Instead, these vehicles follow a different path: They offer appraisals for vehicles regardless of age,
Selling a Decade-Old Vehicle: Understanding the CarMax Policy