The finance process

Financing a car at CarMax is unlike any other car financing experience you've ever had. Your Sales Consultant will lead you through the entire process, so you stay informed every step of the way. Any approvals are usually displayed within a few minutes. Because our process is so transparent, you'll see your options at the same time we do.


Financing a car at CarMax just makes sense. Take a look at the CarMax Financing difference:

  • Most of the financial institutions we work with provide decisions in minutes.
  • It's haggle and hassle-free; there's no need for negotiation.
  • You'll see your financing choices when we do. Choose an available option that suits you best.
  • If you find better financing from another finance source, you've got three business days to refinance with no penalties or interest charges.
  • Our friendly Associates are always on hand to answer all your questions.

Easy Financing Process
CarMax offers a simple, up-front financing process. In just a few easy steps, you could be on your way towards owning your next car.

  1. Choose the car that fits your needs.
  2. Complete an application.
    Once you've determined your budget and down payment, your application only takes a few minutes.
  3. Select any available offer that suits you best.

Straightforward financing

Like our pricing, financing at CarMax means no games, tricks, or strategies—just an honest, open process designed to put you in the driver’s seat.

Apply by phone for fast financing decisions.

Call (703) 404-7783

We offer customers a broad credit range of affordable financing options, if approved.