CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...
(Reuters) -CarMax is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more ...
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Used-vehicle sales came to about 169,557 models as the average selling price increased to $26,383. However, the average price of a new vehicle hovers around $50,000. Former CEO Bill Nash stepped down ...