RICHMOND, VA, Jan. 17, 2023 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announces the national launch of its pre-qualification capability – a new online ...

Buyers at CarMax Auctions now have a new option for financing their purchases. Kinetic Advantage, an independent floorplan company for independent dealers, has partnered with CarMax to provide dealer ...

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

CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first ...

CarMax reported Q2 earnings of 85 cents per share, slightly missing estimates, while Auto Finance income fell 14.4% to $115.6 million. Quarterly sales reached $7.01 billion, driven by a 5.1% increase ...

CarMax (NYSE:KMX) fell 2.3% on Tuesday morning as Wedbush pointed to increasing delinquencies. The firm, which has a Neutral rating on the stock, increased its loss expectations and provisions balance ...

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 ...