CarMax Inc.'s soft fiscal second-quarter financial results paint a grim picture: High vehicle prices, inflation throughout the economy and climbing interest rates are prompting consumers to put off ...
CarMax reported a drop in third-quarter revenue and profit on Thursday, hurt by weaker demand for and falling prices of used vehicles in the U.S. Shares of CarMax were down about 7% in premarket trade ...
CarMax Inc., like other major players in the automotive retail realm, finds itself trying to maneuver through a year hampered so far by sunken buyer confidence. In its fiscal first quarter, CarMax ...
CarMax, which bills itself as the nation’s largest used vehicles retailer, has opened a second store in El Paso, eight years after opening the first one here. The new store is located along Interstate ...
The nation's top seller of used vehicles has opened its Amherst store, with a local native returning home to run it. CarMax began selling vehicles Thursday at its location on Niagara Falls Boulevard, ...
The percentage of monthly searches filtered by “Electric Vehicle” on carmax.com has nearly doubled from January 2022 to February 2025. In the same timeframe, average used EV prices at CarMax fell by ...