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CarMax Auto Finance provision for credit losses up 25% 

Originations ticked down 1.7% year over year 

Amanda Harris

CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses, while originations ticked down during the retailer’s fiscal second quarter.   CarMax Auto Finance (CAF)’s provisions for credit losses increased 25.4% to $112.6 million for the fiscal second quarter of 2025, ended Aug. 31, due to an 11%, or $52.2 […]

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