Stephens raised its price target on CarMax (KMX) to $43 from $39 while maintaining Equal Weight, betting that high-frequency ...

New EV sales fell 28% to 212,600 in Q1 2026 after tax credit expiration, but used EV sales jumped 12% to 93,500 units as ...

Before joining Investopedia, David Marino-Nachison was an editor at The Wall Street Journal focused mainly on daily markets and investing news. He also worked on The Journal’s publishing desk; as a ...

In addition to being the largest used-vehicle dealer in the United States, CarMax is largely regarded among customers as quite reliable. But that doesn't mean that the company is infallible. For ...

CarMax is on the hook for nearly $500,000 after the US Justice Department alleged it illegally repossessed vehicles from active duty servicemembers. Most of that money will go directly to those ...

Fortune 500 used car retailer CarMax, based in Goochland County, has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act by illegally repossessing ...

Justice officials allege CarMax violated the Servicemembers Civil Relief Act. (Baona/Getty Images) CarMax, the nation’s largest retailer of used cars, has agreed to pay at least $420,000 in damages to ...

The consumer price index shows used car prices were down 2% in January from a year earlier. Nevertheless, some shoppers may experience sticker shock if they haven't been in the market for a car in a ...

Former hotel executive Keith Barr previously had a comfy room to rent to you. Now, he has a car to sell you. CarMax tapped Barr, the former CEO of UK-based IHG Hotels & Resorts, to be its new CEO and ...

CarMax provides data-driven offers for used cars based on condition and market demand. Selling to CarMax is often faster and safer than a private sale, but may result in a lower sales price. CarMax ...

CarMax is losing market share to competitors like Carvana. Its CEO stepped down in December. The stock looks cheap, but more trouble may be ahead. CarMax operates used car lots where individuals and ...

Certified pre-owned vehicles offer customers a similar degree of peace of mind as a new purchase or lease for a fraction of the cost. GM’s expanded used car offering comes amid historic affordability ...