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CarMax Auto Finance originations up 5.5%

Retailer grows full-spectrum penetration 

Johnnie Martinez II

CarMax Auto Finance’s originations increased in the first quarter of fiscal 2027 as CarMax expanded its full-spectrum auto lending strategy and gained finance penetration.  CarMax Auto Finance (CAF)’s net loans originated totaled $2.4 billion in the quarter that ended May 31, up 5.5% year over year, according to a June 17 CarMax earnings release.  CAF income totaled $140.2 […]

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