The online used car marketplace’s Spring 2025 Electric Vehicle Consumer Report shows just how far used EV prices have tumbled, down over 40% between January 2022 and February 2025. By comparison, ...

CarMax’s stock having worst day since 2022 after profit misses expectations, long-term goals were put on hold given economic ...

CarMax’s two most popular EVs for the third consecutive year were the Tesla Model 3 sedan and the Model Y compact crossover, respectively—according to CarMax sales data from September 2024 to February ...

And while CarMax dipped their feet a little into selling new cars, the focus primarily now lies on used vehicles only. Learn more below. J.D. Power has cemented a reputation for professionally ...

To boost domestic production, U.S. President Trump is imposing 25% tariffs on imported cars and key auto parts, including engines, powertrains, and transmissions. These tariffs, set to take effect ...

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 fourth-quarter profit rose as used-car prices inched up. The used-car retailer posted a profit of $89.9 million, or 58 cents a share, in the three months ended in February, compared with $50.3 ...