About CarMax Financing Bill Payment :
CarMax is one of a Fortune 500 company that sells the used-car. CarMax was first started in September 1993. They operate around 195 locations in 95 television media markets. They usually focus on the marketing used vehicle. They started financing new cards with the Chrysler Corporation in 1996.
CarMax offers the loans offer CarMax Auto Finance to the lender that owned and operated by the CarMax. They also offer a relationship with third-party lenders, such as Capital One, Ally, Santander, Wells Fargo, etc.
How to Pay CarMax Auto Financing Bill :
If you are a CarMax Auto Financing customer, that means after purchasing the vehicle, you will receive the payment booklet after two weeks. In the payment booklet, you will get the mailing address for payment along with the other information regarding the repayment of your loan. There are several options to pay your CarMax Auto Finance bill. You can follow any payment method below to complete the payment, which is more convenient for you.
Online Method:
The online method is the best and easiest way to make the payment. To make the payment online, first, you have to set up your MyCardMax account. You have to pass an email verification step, that might take one hour to complete. Once you have completed your account set up, you need to follow these instructions below to complete the payment:
- First, you have to visit the official website of CarMax.
- Or, you just click on this link www.carmax.com, you will be redirected to the website.
- Then, on the top right-hand corner of the page, you have to select the My Account option and click on the Sign In option.
- After that, you have to provide your registered email and password on the provided fields.
- After that, you need to click on the Sign In button.
- Then, follow the further steps to complete your payment for CarMax Auto Financing.
Pay by Mail:
You can also make the payment for your CarMax Auto Financing through the mail. You have to send your funds to this address below. But for using this method, you have to be a US resident.
CarMax Auto Finance
P.O. Box 6045
Carol Stream, IL 60197-6045
For make the principal-only payment, you should contact CarMax at 800.925.3612. You have to write “principal-only payment” on your form of payment with the account number and then send it by US mail to:
Attn: Accounting Department
P.O. Box 440609
Kennesaw, GA 30160
To send the final payoff, you have to send your funds to this address by US mail:
CarMax Auto Finance
Attn: Payoff Department
P.O. Box 440609
Kennesaw, GA 30160
For overnight delivery, for final payoffs, send the funds to this address below:
CarMax Auto Finance
Attn: Payoff Department
225 Chastain Meadows Court
Suite 210
Kennesaw, GA 30144
Western Union:
You can send the payment to CarMax through any of your nearest Western Union locations. In order to find your nearest Western Union locations, you have to call at (800) 238-5772. You have to use the city code, “CarMax” along with the state code “Georgia”. Make sure to include the account number to ensure proper posting. Western Union charges the service fee for the transaction.
MoneyGram Express Payment Service:
To send your payment through the MoneyGram, you have to visit at any of your nearest MoneyGram retail locations. To find your nearest MoneyGram locations, you have to call at 1-800-MoneyGram. While making the payment, use the received code 4645, company name CarMax, city “Kennesaw”, state “GA” and your account number. It will take one full business day to reach the payment. For making the transaction, MoneyGram will charge a transaction fee. To ensure that they have received it on time, you should send the payment 7 or 10 days before the due date.
Pay by Phone:
You can also make the payment for the CarMax Auto Financing bill over your phone. To make the payment, you have to dial 1-800-925-3612 from your phone. Then you have to follow the automated phone system to complete the payment. To verify that the payment has been applied to your account, wait for the confirmation number at the end of the call.
How the Penalty Fees Work :
You cannot find any specific penalty fees listed on the official website of CarMax Auto Financing. For more information on the fees, customers can contact the customer service executive. You will get all the fees listed on the terms and conditions of your auto loan. But from the payment details, we came to know that the CarMax Auto Financing does not charge any late payment fees if you are not able to pay the bill within the due date.
Also Read : Toyota Auto Loan Payment Guide
What to Do If You Can’t Pay the Bill :
Although CarMax does not charge late payment fees if you cannot make the payment by the due date, you should contact customer service.
CarMax Customer Service
If you have any problem while making the payment for the CarMax Auto Finance, then you should contact the CarMax customer service team.
Mail:
CarMax Auto Finance
Attn: Customer Service
P.O. Box 440609
Kennesaw, GA 30160
Phone:
(800) 925-3612
Reference Link :