You have to find a qualified buyer, but you know you can sell it private party, correct?
And that the private party can get financing, correct?
I sold a second car in October. It took a while of running ads. The buyer had to get financing from her credit union. I still owed on the car. I took it down to her credit union, they took a look at it, gave her the loan, sent a wire to my credit union to pay off her loan, she paid me the balance in cash(her credit union would only loan up to my outstanding loan balance).
I got about $2500 more than carmax offered.