Thanks to the presence of online car marketplaces, buying or selling used cars is not the hassle it used to be. Two platforms, namely CarMax and Carvana, stand out due to their ease of use and ...

Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows you to buy or sell a vehicle ...

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 ...

I recommend a sell rating for CarMax due to affordability challenges and fierce competition, which are significant growth headwinds. KMX faces declining revenues and affordability issues, with average ...

Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...

Used-vehicle retail giant CarMax Inc. said Thursday it sold fewer used vehicles in its second fiscal quarter as ongoing financial pressures affecting retailers in the used-vehicle market stuck around.

Carmax shares were battered following a tough set of 2Q results. Shares are down 55% in the past year and trade at just 9x 2021 EPS. While conditions are likely to remain difficult in the near term, ...

Dealership are seeing sales and prices drop as consumers tighten their belts, putting financial pressure on companies, like Carvana, that grew fast in recent years. By Neal E. Boudette About a year ...

Two-door cars are nowhere near as popular as they were decades ago, but there are still quite a few on sale in the United States. CarMax recently released sales data that shows its coupes account for ...