When you sell a car or trade-in your car at a dealer and you have a payoff, normally there is a piece of paper that states on there your payoff amount. Legally, they have to payoff your car within ten days from the time they purchase your vehicle. At our dealership, our policy is that we cannot sell a car until we payoff that said vehicle. For a payoff of 8,800 bucks I wouldn't worry so much about it. If it was a payoff of say 30k-50k, then yes, I would worry.

 

If you have a payoff on the car the only way this could go negative in your favor is if they delay the payoff of the vehicle, which will affect your credit. Other than that you are in the clear as far as the vehicle is concerned because they can't sell the Jeep until they pay it off and get the title and/or lien release depending on if you hold the title in your State or not.

You'll have to sign a document that authorizes the dealer to pay the loan off on your behalf. As long as you get the right documents you're covered if there are problems down the road.

 

...and on the Carmax note see if there is one near you. The ones near me here in Maryland have been giving crazy $ for vehicles.

I work for a Lexus dealer and they have been $500-$1000 over what we first appraised a vehicle at.

....or try a few dealers and see if they give you more $