CarMax is feeling the chill from a softer used car market, with profit cut in half and sales volumes under pressure as shoppers balk at high prices and elevated borrowing costs. The country’s largest ...

While many signals suggest the pre-owned car market is strong, CarMax’s recent earnings call suggests something is amiss. A significant quarterly earnings miss for Q2 sent stock prices plummeting 25 ...

The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: ...

CarMax provides data-driven offers for used cars based on condition and market demand. Selling to CarMax is often faster and safer than a private sale, but may result in a lower sales price. CarMax ...