CarMax and Carvana both promise an easier way to buy used cars, but their return policies work very differently. Here's how.
CarMax reported its 2025 first quarter earnings, causing a rise in share price. The company is making used car buying easier for American consumers. Despite market anxiety regarding tariffs and ...
The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: ...
Sierra agents provide conversational and clarifying questions to better understand customer needs, resulting in quick answers to common questions, such as store hours and vehicle availability, and ...
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 ...
Seven years ago, I conducted an experiment to see whether shoppers were really saving money by purchasing used vehicles from no-haggle retailers such as CarMax and Carvana. What I found in 2019 ...
CarMax’s 30th birthday party was a real bell-ringer. The nation’s largest used-car retailer celebrated its 30 years in business by ringing the closing bell Tuesday at the New York Stock Exchange.
In its second quarter, CarMax reported revenue declines of 6% to $6.59 billion, and an earnings per share decline of 24.7% to $0.64. Both figures missed analysts' expectations. Management acknowledged ...
Although the stock sold off after the company reported earnings, it staged a quick recovery.