Tag: CarMax Auto Finance

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 ...

CarMax Auto Finance in the first quarter saw a decline in income as loan losses started to hit its financial ...

CarMax Auto Finance grew originations in the fourth quarter of fiscal 2025, but rising macroeconomic uncertainty has led the company ...

CarMax Auto Finance’s originations declined in the third quarter as the lender looked to improve collections and underwriting for better ...