Used Cars

CarMax leads all publics in used sales, profits

CarMax, long the volume giant in the used-car market, also leads its rivals in profits and margins -- but challengers, however far behind, are on the rise.


Used-car retailer Carvana Q1 net loss expands

Online used-car retailer Carvana's first-quarter net loss widened to nearly $53 million, while revenue and vehicle sales both more than doubled to records.

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MORE USED CAR NEWS SALES MARKETING
CarMax boosts online buying

CarMax is taking its multiple online pilots and creating one e-commerce platform for consumers who want to buy a car over the Internet.

Ex-dealer launches buying, financing app

After decades in the brick-and-mortar world as a dealer, Rod Buscher launched Blinker, a mobile app for customers looking to buy, sell or refinance used cars without visiting a dealership.

UPDATED: 6/22/18 4:22 pm ET - adds stock close
CarMax profits rise on tax-rate change

CarMax's profits rose in the quarter ended May 31 largely because of a lower income tax rate, the nation's largest used-car retailer said Friday.

Small used-car prices rise unexpectedly

Prices for small used cars are climbing to unexpected levels- a sign that demand is growing as price-sensitive consumers face dwindling options in the new-car market.


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