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The Latest Breaking News from Carmax

CarMax Will Buy Your $100,000 Tesla Cybertruck For $76,000

If you want to sell your Tesla Cybertruck then Carmax will buy it from you. But how much will CarMax pay for your rare electric truck? Far less than what you bought it for.

InsideEVs

CarMax Drives Big Gains: Q3 Profits Double in Style!

CarMax smashes expectations as third-quarter profits soar, doubling from the same period last year. Buckle up for an exhilarating ride with these impressiv...

Top News

Protect used car buyers with strong laws on safety recall repairs

State and federal lawmakers should craft legislation that would require used car sellers to make safety recall repairs before striking a deal with customers.

Chicago Sun-Times

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Used-car dealers keep selling vehicles despite safety recalls. We found dozens for sale.

There’s no federal law to keep them from selling used vehicles with open, unaddressed recalls for defects that could kill you. What we found available might surprise you.

Chicago Sun-Times

3 Auto Stocks With More Potential for Gains Than CarMax (KMX)

Fuelled by robust demand, shifting consumer demands, and technological advancements, the auto industry is booming. So, let us discuss how fundamentally strong auto stocks Group 1 Automotive (GPI), Rush Enterprises (RUSHA), and Cars.com (CARS) might be poised for gains more than CarMax (KMX). Keep reading.

StockNews.com

When Titans Falter: CarMax's Options Gamble and the Unforgiving Nature of Wall Street

Every gambler needs to know the house always wins, even the institutional investors as CarMax’s recently volatile session proved.

Barchart

Should You Invest in CarMax (KMX) Stock Before Earnings?

Wall Street expects used car retailer CarMax (KMX) to post a year-over-year decline in revenue and earnings for the second quarter. Should one invest in the stock before its earnings results are reported? Read on to learn my view….

StockNews.com

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Used Tesla Model 3 Buyers Are Trading In Honda Civics, Toyota Tacomas: Study

The most traded-in brand for EVs was Toyota, with 12 percent, followed by BMW and Ford with 8 percent each.

InsideEVs

More Manual Transmission Sales Indicates Shifting Trend In US Car Market

Sales of new manual-equipped cars increased to 1.7% of the total market this year, up from 0.9% in 2021.

Motor1

Will Carvana Stock Continue to Defy Gravity?

Carvana has shot up by a whopping 904% in 2023. Will the rally continue or does it have some steam left?

Barchart

While Pricey, Tesla's Used EVs Are Most Popular: CarMax 2023 Report

CarMax recently published its 2023 EV Consumer Report, and it's packed full of compelling details. EVs are gaining popularity and prices have been fluctuating.

InsideEVs

Toyota Is The Most Traded In Brand For Used EVs: CarMax

Toyota owners are trading in their cars for used EVs more than owners of any other vehicle brand in the United States, according to a recent CarMax report.

InsideEVs

Here’s Why CarMax (KMX) Might Be Able to Surprise Investors

While CarMax enjoyed a significant bump up on Tuesday following a solid earnings print, KMX stock may benefit from normalization trends.

Barchart

From Marketing to Design, Brands Adopt AI Tools despite Risk

Even if you haven’t tried artificial intelligence tools that can write essays and poems or conjure new images on command, chances are the companies that make your household products are already starting to do so. Mattel has put the AI image generator DALL-E to work by having it come up…

Asharq Al-Awsat

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InsideEVs

Carmax Sold Over Half Its Tesla Inventory In 24 Hours

When Tesla dropped its prices last year, used Tesla prices began to drop notably. After the more recent price drop, pre-owned prices plummeted and sales soared.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

Upgrades

Benzinga

Worthington Industries, CarMax And Other Big Losers From Thursday

U.S. stocks closed lower with the Nasdaq Composite dropping more than 300 points on Thursday. Here is the list of some big stocks recording losses in the previous session.

Benzinga

Exclusive: Chamillionaire Talks CarMax Partnership, The Enduring Success Of Ridin'

Chamillionaire has been turning up in a nationwide campaign with CarMax Inc (NYSE: KMX).

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 9, 2022

Upgrades

Benzinga

UnitedHealth Group And 3 Other Stocks Insiders Are Selling

U.S. stock futures are trading higher this morning ahead of earnings results from Tesla, Inc. (NASDAQ: TSLA). Investors, meanwhile, focused on some notable insider trades.

StockNews.com

CarMax Reports Strong Earnings – Buy, Sell, Hold?

Used car retailer CarMax (KMX) topped the consensus earnings estimates in its most recent quarter. However, it reported declining vehicle sales. The stock has plunged more than 25% this year. So, should you buy, sell, or hold the stock now? Read on to find out….

Benzinga

Analysts Hailed CarMax's Q1 Performance While Highlighting Concerns

Analysts lauded CarMax Inc's (NYSE:KMX) Q1 beat while also pointing out the macro concerns. RBC Capital analyst Steven Shemesh maintained CarMax with an Outperform and raised the price target from $104 to $108 in a note titled, "F1Q'23 Follow-Up – Navigating Volatility Well." KMX's results were broadly in line with expectations, Shemesh noted. He expected the inflationary…

Benzinga

Where CarMax Stands With Analysts

Within the last quarter, CarMax (NYSE:KMX) has observed the following analyst ratings:

Benzinga

U.S. Stocks Open Higher; CarMax Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 500 points on Friday.

Benzinga

CarMax Q1 Earnings Top Estimates

CarMax Inc (NYSE:KMX) reported first-quarter FY23 sales growth of 21% year-on-year to $9.31 billion, beating the consensus of $9.12 billion. The company sold 427,257 units through combined retail and wholesale channels, a decrease of 5.5% Y/Y. KMX cited several macroeconomic factors that weighed on Q1 unit sales performance, including the lapping of stimulus…

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