The Detroit automaker said it will cover any issues with vehicle inventory sold on the site for 12 months or 12,000 miles.
GM created CarBravo in 2023 to appeal to the used market and compete with online dealerships such as Carvana Co. and CarMax ...
If you're looking to buy a used car and want the best deal possible, Mike Davenport, a former car salesman and owner of ...
Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the ...
CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...
The total shelled out on average for new vehicles also has hit an all-time high, with customers financing $43,759 and paying ...
This video explains the essential figures behind a car payment, including price, interest rate, and loan term. A clear ...
With auto financing costs climbing, car payments are increasingly comparable to paying rent—here’s what’s driving the trend. Average new car payments reached $748 monthly, with cars costing around $42 ...
It’s not just new cars feeling the squeeze, either. Used-vehicle buyers also hit a record, with 6.3 percent signing up for $1 ...
Check out other analyst stock ratings. Stephens: CarMax reported a 9% decline in same-store units, while total units were down 7.2%, Lick said in a note. Retail gross profit per unit (GPU) contracted ...
A Garner woman is facing significant financial losses after law enforcement determined the vehicle she purchased through CarMax had been stolen years earlier and was part of a large, multistate theft ...
CarMax touted robust Q1 2026 growth, failing to disclose that it was a temporary "pull-forward of customer demand" (customers buying early to avoid announced tariffs). Distortion of core retail demand ...