Tag: CarMax Auto Finance

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 ...

CarMax Auto Finance’s originations declined in the fourth quarter of fiscal 2026 as the retailer is eyeing improving performance under new leadership.  The retailer’s net loans originated tallied $1.9 ...

CarMax Auto Finance’s loss and delinquency rates were mixed in February as consumers began to receive their tax refunds.   The auto lender’s net loss rate ...

CarMax is expanding its customer reach with the launch of an app available in the ChatGPT app store that allows consumers to shop for and sell used vehicles through the ...

Auto retailers and lenders are saving money, speeding processing and improving customer satisfaction by using AI for customer-facing products. For ...

CarMax Auto Finance’s delinquencies rose across its securitization trust in December, although improvement is expected in 2026 as consumers receive their tax ...

CarMax Auto Finance’s originations fell in the company’s fiscal third quarter amid rising inventory prices and slowing demand from some customer segments.   CarMax Auto Finance (CAF)’s originations decreased 9.3% year over year to $1.8 billion in ...

CarMax is searching for a new chief executive on the heels of decreased sales, wholesale business depreciation and a focus ...