The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.

CarMax reported a horrible decline in revenue in the last quarter of its 2023 fiscal year. However, it efficiently managed its cost, resulting in higher-than-expected earnings. The company is seeing a ...

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 ...

CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...

(iSeeCars) – Purchasing a used car can be unsettling. Even if the car has a clean vehicle history report and a passing inspection from an independent mechanic, it’s hard to get a complete picture of ...

The used car retailer posts better-than-expected earnings and revenue but says but it plans to reduce margins on used cars.

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (iSeeCars) – Purchasing a used car can be ...