Used-car prices rose 6.2% year over year in March, reaching their highest level since summer 2023 Tight inventory and strong ...

American consumers who are in the market for used cars are facing the highest prices in nearly three years, according to a ...

CarMax's average selling price last year was a bit above $26,000. Shares of CarMax (KMX) were recently up about 2%, after rising as much as 8% earlier Wednesday following news that activist firm ...

CarMax, which claims the title of nation’s largest retailer of used cars, now claims the title of first U.S. auto retailer to make both the car-buying and -selling experience available within ChatGPT ...

RICHMOND, VA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced a first-of-its-kind milestone by becoming the first U.S. auto ...

CarMax is on the hook for nearly $500,000 after the US Justice Department alleged it illegally repossessed vehicles from active duty servicemembers. Most of that money will go directly to those ...

Fortune 500 used car retailer CarMax, based in Goochland County, has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act by illegally repossessing ...

Former hotel executive Keith Barr previously had a comfy room to rent to you. Now, he has a car to sell you. CarMax tapped Barr, the former CEO of UK-based IHG Hotels & Resorts, to be its new CEO and ...

CarMax provides data-driven offers for used cars based on condition and market demand. Selling to CarMax is often faster and safer than a private sale, but may result in a lower sales price. CarMax ...

CarMax is losing market share to competitors like Carvana. Its CEO stepped down in December. The stock looks cheap, but more trouble may be ahead. CarMax operates used car lots where individuals and ...

Certified pre-owned vehicles offer customers a similar degree of peace of mind as a new purchase or lease for a fraction of the cost. GM’s expanded used car offering comes amid historic affordability ...

CarMax Inc. said it will tolerate lower margins and boost ad spending to repair its business and attract buyers after slumping sales wiped out half of the used car retailer’s market value this year.