Q: Can you beat my CarMax offer?

A: YES! We want the opportunity to buy your vehicle! We will beat any in store CarMax offer! Just present us with their written offer!

The written CarMax offer must be valid at the time InstantCarBid has the opportunity to bid the vehicle.

Q: How do I get paid if I sell InstantCarBid my car?

A: If you have a free and clear title to your vehicle, in most cases (during normal business hours) InstantCarBid will pay you with a Live Check. These funds are as good as cash and can be deposited immediately. We also have many other methods of payment including wire, ACH, cash, and digital payment.

Work with your buyer to find the most appropriate and convenient payment method for you! *Each Buying Center may have a slightly different policy.

Q: Can you pay off the loan to my vehicle?

A: Yes! InstantCarBid can and will pay off your current vehicle loan up to $100,000. We promise to pay your loan balance within 10 business days of completing your transaction.

Q: Why does it take up to 10 business days for InstantCarBid to pay off my loan?

A: It takes UP TO 10 days for the money to be sent to your current lien holder and be posted to your account. We promise to process everything on our side as quickly as possible!

Q: What if I owe more than InstantCarBid offers me?

A: We can still help with this scenario. We can pay your loan off and you would owe the difference or we can pair you with a replacement vehicle and a new loan that could absorb the difference so there is no money out of pocket. We have options! Work with your buyer directly to find the best solution for you.

Q: How is InstantCarBid able to provide such high bids and what do you do with the cars you buy?

A: InstantCarBid utilizes incredible software to power our business but the real magic happens with the people that are behind the scenes. We have a team of people that have decades of car business experience and have a network of dealerships, auto groups, and high performing 3rd party buyers that pay top dollar for vehicles.

Q: Is InstantCarBid safe and trustworthy?

A: InstantCarBid is powered by a network or bonded state licensed car dealerships. You are in good hands!