CarMax’s stock having worst day since 2022 after profit misses expectations, long-term goals were put on hold given economic ...

Industry experts say the tariffs could steer budget-conscious shoppers toward the used-car market. Need a break? Play the USA TODAY Daily Crossword Puzzle. In December, Carmax also boosted its ...

A small used-car lot operation or one- or two-store franchise ... is not auctioned on consignment so it always sells) help CarMax sell over 95% of the vehicles it brings to auction, compared ...

Industry experts say the tariffs could steer budget-conscious shoppers toward the used-car market. In December, Carmax also boosted its supply of vehicles priced under $20,000. But CarMax warned ...

Shares of CarMax sank Thursday after the used-car dealer reported fiscal-fourth-quarter earnings that missed expectations and ...

Meanwhile, the company's latest quarterly results opened a window into what the new tariff paradigm could mean for the used-car market. For the quarter to Feb. 28, CarMax said the average selling ...

The move comes as Trump's tariffs on automotive imports raise concerns over the affordability of new vehicles. Industry experts say the tariffs could steer budget-conscious shoppers toward the ...

CarMax's Q4 same-store sales rose 5.1% year ... As a result, tariffs may boost used car demand due to pricier new cars, but they could also potentially price out some consumers.