CarMax rings alarm on used car market, drags Carvana down

The used-car market is directly affected by new car market pricing, according to CarRight. Higher prices on new cars prompt ...
Morningstar

CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives

CarMax's stock was having its worst day in three years as quarterly profit, sales and average used-car prices all fell. Its CEO cites 'angst' among consumers. CarMax said its most recent quarter was ...

Investment Manager Dips Back Into Used Vehicle Retailer, According to Recent Filing

CarMax is navigating multiple challenges. The company's CEO has announced his upcoming retirement on December 1st; management ...
USA Today

CarMax boosts inventory of used vehicles under $20,000 as tariffs impact market

CarMax KMX.N is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more affordable ...
USA Today

Why CarMax stock is rising: The evolution of the American car buying experience

CarMax reported its 2025 first quarter earnings, causing a rise in share price. The company is making used car buying easier for American consumers. Despite market anxiety regarding tariffs and ...