Sold Car to Carmax. Debt collector after me Hi ! Wanted to some advice. For years ago, i stupidly cosigned a car for my then boyfriend (2017). In 2022, he sold the car to Carmax. I’m thinking that everything goes well, happy to have the car off my name and hands ( he was very irresponsible, didn’t make payments on time). End of 2023/ beginning of 2024 i get a message from a debt collector…

I have to sell a high mileage lease at a 2k loss. Carmax is my best bet for a fast sale. Should I pay the loan balance in full before I go to carmax? Anyone have any advice on this? submitted by /u/LorneMichaelsthought

Buying a lease, then selling next day to Carmax I have a Honda that I have leased and I’m getting near the end. I’m under on miles and have equity in the car. I would like to buy the lease and then turn around and sell it to Carmax the next day. The question is how can I get short term cash to do this? Carmax no longer buys out Honda leases. I would need to “borrow” $25k. I’d rather not work …