Tag: CarMax Auto Finance

COVID-19 has turned the auto finance industry on its head, not to mention the adage that a car loses 30% of its ...

Tight inventory and record-high vehicle prices have produced a favorable market for consumers to trade in vehicles, leading to an ...

The auto finance industry has in many ways benefited from a combination of lower funding costs and pricier cars, but ...

CarMax Auto Finance experienced the “largest single origination quarter” in the lender’s history in the first quarter of fiscal year ...

CarMax Auto Finance (CAF) closed out the fourth quarter and fiscal year 2021 with $188.2 million in income, a 68.2% ...

Partial payments on loans in extension status point to positive consumer health as lenders wind down on deferrals, according to ...

The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto ...

Auto loan extensions are gravitating back toward pre-pandemic rates, dropping by an average of 55% in May for each of ...