Tag: CarMax

CarMax is testing AI chatbot capabilities for retail associates and is rolling out an updated version of its consumer-facing virtual ...

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

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

CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses, while originations ticked down ...

Used-vehicle supply is constrained, creating a competitive market for dealers and retailers looking to acquire used cars directly from consumers.  ...

Since early last year, the cars rolling off Tesla Inc.’s California assembly lines have been selling for steadily lower prices. This has ...

CarMax Auto Finance plans to increase its penetration rate in lower credit tiers after affordability challenges continued to hamper sales ...

CarMax Auto Finance’s originations and penetration rate declined during the third quarter of its fiscal 2024 as the financier tightened ...