At CarMax Auctions, our mission is to provide our customers with an honest, open, and dealer-friendly auto auction with exceptional customer service.

• CarMax Auctions are only for licensed automobile dealers and are not open to the public.
• 97-100% sales rate at every auction
• We sell most of our cars the first time, no games, no hassles.
• Open bidding with no ifs or calls.
• CarMax Auctions owns all the vehicles in the auction. We don’t sell on consignment.
• Variety of payment options
• We accept cash, checks, ACH, certified funds and AFC floorplan from registered dealers. Payment is due by close of business the day after the sale.
• Conditional announcements, so you bid with confidence.
• CarMax Auctions gives you the opportunity to arbitrate when you pick up your purchases to protect you against major mechanical surprises.
• 1,000s of vehicles sold weekly. We’ve got a great selection to meet all of your vehicle needs.
• Our professional auctioneers sell hundreds of thousands of vehicles every year.
• We currently operate auctions in dozens of major markets throughout the country. And we’re adding new locations all the time, so check our listings often to see the newest auctions near you!
• Great “Member Perks” available to all registered dealers. As an added benefit, CarMax Auctions has negotiated discounted rates from several large automotive vendors, which we are able to pass along to our wholesale customers.