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

CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...

CarMax price cuts 2026 mark a strategic shift as the retailer lowers margins, boosts marketing, and restructures leadership ...

Used-vehicle sales came to about 169,557 models as the average selling price increased to $26,383. However, the average price of a new vehicle hovers around $50,000. Former CEO Bill Nash stepped down ...

So you want to sell your car. Whether you’re upgrading to something new or no longer need a vehicle, deciding where to sell ...

Check out other analyst stock ratings. Stephens: CarMax reported a 9% decline in same-store units, while total units were down 7.2%, Lick said in a note. Retail gross profit per unit (GPU) contracted ...

The Jeep Wagoneer is a full-size family SUV that costs a pretty penny as a brand-new model. CarMax has several affordable used Wagoneer listings that could be great deals for some car buyers.

As EV growth slows and automakers backpedal on new EV development, an interesting opportunity has arisen for savvy buyers ...

CarMax KMX-4.21%decrease; red down pointing triangle reported a plunge in quarterly sales and plans to lower prices and increase marketing spending as it tries to regain its footing in the used-car ...