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Home » Carmax Auto Finance Com Login Payment : What payment methods does CarMax accept?
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Carmax Auto Finance Com Login Payment : What payment methods does CarMax accept?

Posted by Freddy John February 23, 2024

Carmax Auto Finance Com Login Payment : What payment methods does CarMax accept?

Sign in to MyCarMax and select View Statements. From here, you can opt out of receiving statement email alerts. Please note that your account status may limit your access to change these preferences.

You can access your CarMax Auto Finance account number on the welcome email or welcome letter you received or you can contact our Customer Service team at (800) 925-3612.

Newly registered online customers will receive online statements only. If you are the primary account holder, you can choose to also receive mailed statements. Just Login in to MyCarMax, select View Statements, and update your statement preferences. Please note that your account status may limit your access to change these preferences.

You can easily access your statements by signing in to your MyCarMax account and selecting View Statements. If you have not registered your CarMax Auto Finance account online, you can register here.

One iOS and one android phone displaying the carmax car financing app

How are my monthly payments applied?

We apply your payments first to finance charges that have accrued since your last payment, and then toward your principal balance. We apply any remainder to future scheduled payments and/or fees as they become due. Note: Your monthly statement is generated 18 days in advance of your next scheduled due date.

If your account has an outstanding balance, we will apply your payment in the following order: first, to satisfy the outstanding balance; second, to finance charges that have accrued since your last payment; third, to your principal balance. Any remainder will be applied to future scheduled payments and/or fees as they become due.

What options do I have to view my monthly statement?

When it comes to managing your account, we provide efficient options that will work best for you. You are able to choose how you’d like to view your monthly statements and how they’re delivered.

Please see the available statement delivery options below:

  • Online statements only (recommended).
  • Online statements and mailed statements.
  • If you’re receiving online statements, you can also select to receive an email notification when your statement is available to view.

To choose your statement delivery preference, follow these easy steps below:

  1. Log in to carmaxautofinance.com
  2. Select View Statements and scroll to Statement Preferences.
  3. Select your preferred statement delivery options.
  4. Select Save Changes to finalize your preferences.

How can I set up a recurring payment on my account?

Setting up a recurring payment is easy! Simply sign in to your account online at www.carmaxautofinance.com. Once you’re signed in, click the Set Up Recurring Payment button on the right side of the screen. Under Payment Information, enter a Payment Amount and select the Next Payment Date of your choice.

If you don’t have a payment method saved to your account yet, you’ll need to add one. You can do so by clicking Use a New Payment Account in blue next to Saved Payment Methods. You’ll be prompted to enter your Bank Routing Number and Bank Account Number. Once you enter your Bank Account Number, a new field will appear to Re-enter Bank Account Number. From here, select the Bank Account Type – Checking or Savings, you also have the option to select if it is a business account. You can add an Account Nickname as an option.

Enter a valid Email Address and select Continue at the bottom. You’ll have the chance to review the Payment Details and the Payment Method on the next page.

Once you’ve reviewed and accepted the Terms and Conditions, click Confirm. You’ll receive a confirmation on the next screen along with a reference number. You’ll also receive a confirmation email with the details of your recurring payment.

Last updated on February 23, 2024
Freddy John
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