Skip to Main Content

Car financing, explained

Learn what to expect if you’re thinking about financing your next car.
How Auto Financing Works | CarMax How Auto Financing Works | CarMax

How Auto Financing Works

Learn what to expect before you decide on financing your next car.
Why Your Down Payment Matters | CarMax Why Your Down Payment Matters | CarMax

Why Your Down Payment Matters

See how your down payment can affect your monthly payment amount.
: Your 10 Biggest Financing Questions, Answered | CarMax Your 10 Biggest Financing Questions, Answered | CarMax

Your 10 Biggest Financing Questions, Answered

Get the answers you need from down payments to choosing a lender.
Article Image FPO

Car Loans Vs. Car Financing

This article explains the difference between direct car loans and dealer-arranged car financing. At CarMax, we present financing terms in a way that makes sense to you, through a transparent, hassle-free process.

Financing Friday, August 10, 2018
Article Image FPO

Boost Your Car-Buying Budget

Ready to upgrade your car or truck? These budgeting tips can really help boost your chances of getting the vehicle you want.

Financing Wednesday, January 10, 2018
Article Image FPO

Car Financing for First-Time Car Buyers

This article addresses some of the main concerns of the first-time car buyer. Find answers here to your first-time buyer questions about used car loans, financing a car, understanding credit ratings, and budget tips.

Financing Wednesday, July 26, 2017
Article Image FPO

Your 10 Biggest Car Financing Questions, Answered

In this latest installment of our educational series about auto financing, we answer some of our customers’ most-asked questions about how to finance a used car purchase.

Financing Thursday, June 22, 2017
Article Image FPO

How Auto Financing Works

Lots of people who come to CarMax for a used car or truck want to finance their purchase. It’s a common process, and we help these customers every day. But just how does the used car financing process work? In this article, we pull back the curtain on auto financing and explain it all, step by step. We think you’ll see that financing a used vehicle doesn’t have to be a daunting proposition.

Financing Wednesday, May 17, 2017
Article Image FPO

Why Your Down Payment Matters

Buying a used car or truck is more stress-free when you understand how financing works. Learning about down payments is a great place to start.

Financing Thursday, April 20, 2017
Article Image FPO

Car Financing: How to Budget for Your Next Vehicle

Arming yourself with knowledge about the car buying process helps ensure you won’t feel intimidated when it’s time to make your purchase. And when you know how much you have to spend, you’ve got sturdy guardrails to help you stay on track.

Financing Wednesday, March 8, 2017
{"Expedited-Pickup":{"WhiteList":[],"BlackList":[]},"Finance-Application":{"WhiteList":[7106,7242,6021,7103,7104,7117,7243,7171,7197,6042,7150,7284,7218],"BlackList":[]},"Finance-Application-CoApp":{"WhiteList":[7117,7106,7171,7150,7218,7284,7242,6042,6021,7103,7104,7243,7197],"BlackList":[]},"Finance-Application-Suppress-Search-Results":{"WhiteList":[1],"BlackList":[]},"Home-Delivery":{"WhiteList":[7106,7171,7197],"BlackList":[]}} {"HP Article Promo":{"Regex":{"__interceptors":[{}],"Regex":"[0123456789abcdef]$"}},"Prequal":{"Regex":{"__interceptors":[{}],"Regex":"[0123456789abcdef]$"}}}
{"auto-address-switch":{"Enabled":false},"holdformvariantswitch":{"Enabled":false},"paidsearchurlitemsavingswitch":{"Enabled":true},"prequal-employment-and-income-switch":{"Enabled":false},"prequal-monthly-payment-preview-switch":{"Enabled":true},"prequal-on-calculator-switch":{"Enabled":true},"prequal-overtime-rate-switch":{"Enabled":false},"prequal-section-one-variant-switch":{"Enabled":true},"recommendedvehiclessearchresults":{"Enabled":true},"rendermakemodelresearchresultsonserver":{"Enabled":true},"rendermakemodelyearresearchresultsonserver":{"Enabled":true},"rendermakeresearchresultsonserver":{"Enabled":true},"research-pages-redirector-toggle":{"Enabled":true},"robots-txt-toggle":{"Enabled":true}}