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The Latest Breaking News from Carmax

Woman Goes To CarMax, Figures Out Little-Known Test Drive Feature: ‘Pick Up A TV From Best Buy’

"You use to be able to take the vehicle out for 72 hours."

Motor1

How Does CarMax Determine Your Trade-In Value?

Wondering why CarMax offered you that trade-in number? Here's what the company looks at before putting a value on your car.

Motor1

Here's What CarMax Looks For Before Selling You A Used Car

CarMax says every used car passes a 125+ point inspection before hitting the lot, but what does the company actually check?

Motor1

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Bought A Used Car From CarMax? You May Be Able To Return It

Bought a car from CarMax and having second thoughts? Here's what happens when you decide to take it back.

Motor1

Man Buys Maserati From CarMax On A ‘Green Light’ Deal. Then A Young Driver Steps In: ‘What Would You Do?’

"Once you drive off this lot, it is your car.”

Motor1

Man Shops For Ford Mustang At CarMax. Then He Sees What They Want For It: ‘These Prices Have Gotten Outrageous’

"Those are credit card interest rates."

Motor1

Man Spots Used Toyota Camry For $7,000. Then He Sees How Much It Costs At CarMax: ‘Crazy’

"How crazy..."

Motor1

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Man Goes To CarMax, Sees 2022 Toyota 4Runner With 127K Miles. Then He Sees What They Want: ‘Let’s Not Normalize This’

'How much were they new?'

Motor1

CarMax Vs Carvana: Which Used-Car Giant Has The Better Return Policy?

CarMax and Carvana both promise an easier way to buy used cars, but their return policies work very differently. Here's how.

Motor1

Man Goes to CarMax, Sees How Much A 2018 Ford Escape Costs—And Realizes What He Should Buy Instead

"That doesn’t include tax or title or anything."

Motor1

Barclays Just Upgraded CarMax Stock. Here's Why.

CarMax stock extends gains as Barclays lifts rating to Equal Weight. But caution is warranted in playing KMX shares at current levels.

Barchart

‘Carvana. Kelley Blue Book. CarMax’: Man Trades Car In. Then The Salesman Shares A Little Known Hack For Getting More Money For It

"That $12k trade-in is worth about..."

Motor1

This Single Factor Is Holding Back Carvana’s Disruptive Edge

Carvana’s business model is delivering results, but high interest rates may be limiting upside for CVNA stock despite strong earnings growth

MarketBeat

'The CarMax Method Does Work': Man’s Car Has No A/C, Needs A New Transmission And Tires. So He Takes It To CarMax

"Finessed."

Motor1

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MarketBeat

CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge

CarMax is shifting operational focus to drive sales, improve customer satisfaction, and set the course for the next growth phase.

Motor1

Woman Test-Drives At CarMax. Then They Keep Her There Over 6 Hours: 'So Now I’m Sitting Here Eating My McDonald’s'

"I’m about to walk out of this door."

Barchart

Activist Investors Are Determined to Turn CarMax Stock Around. How to Play KMX Here.

CarMax stock has been crushed, but Starboard Value’s money is pouring into KMX. Should investors start following the activist investment's money into KMX, or wait on the sidelines?

Motor1

Man Gets Online Appraisal From CarMax. Then He Tries To Trade His Nissan For A Hyundai: 'I’ve Seen It Happen So Often'

CarMax is often praised for offering top dollar for vehicle trade-ins. However, a car seller who goes by LongHairCarGuy (@longhaircarguy) on TikTok says that this isn’t always the case. In a recent post he shared online, he recounted a story about a customer who learned the hard way that CarMax's…

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Motor1

Woman Gets $17,000 Online Quote From CarMax. Then She Goes In Person: 'They Agreed...'

A woman got a $17,000 online quote from CarMax and was sure that it’s not going to be the final offer. Then she went in person to see if the company would honor it.

MarketBeat

Avis, CarMax, and Carvana: 3 Car Stocks Sharply Diverge

Avis is up over 450% on short squeeze activity, while Carvana is up 80% on 43% retail sales growth, and CarMax is down 30% amid declining sales and a CEO departure.

Motor1

'Their Pricing Is Not Better': Ford Salesman Says CarMax Loophole May Be Costing You Money. Then He Reveals How It Works

CarMax has built a reputation on being the no-hassle alternative to the traditional dealership experience.

MarketBeat

Carmax at 5-Year Lows: Is Now The Time to Buy?

Carmax is poised to plunge by double-digits after a weak guide revealed contracting margins and impaired cash flow. Suspended buybacks are also in play.

Motor1

Woman Buys Volvo From CarMax. Then She Tries To Find A RepairPal Shop To Fix It: 'Go Within Network'

A woman says she has been making payments on a Volvo XC90 she hasn’t been able to drive since November after a months-long runaround between CarMax, a third-party warranty company, and a series of repair shops that kept misdiagnosing the problem. She says she did everything right and still ended…

Motor1

Woman Sells Toyota Tacoma To CarMax. Then She Reveals How Much They Paid: ‘That’s A $32-33K On Marketplace’

Toyota Tacomas are famous for high resale value. This has people scratching their heads over the price one woman says she accepted from CarMax for her well-maintained 2021 Tacoma. It’s thousands less than they believe she could’ve gotten on the private market.

International Business Times UK

CarMax Orders Workers Back to Office 5 Days a Week — Then Lays Off 230 More Just Months After CEO Ousted

CarMax cuts 230 jobs and ends hybrid work for corporate staff amid declining sales, leadership changes, and fierce competition from Carvana.

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