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FORGOTTEN HISTORY: Carmax | History Defined

CarMax's Double Upgrade Could Signal a Bigger Turnaround

Bank of America issued a double upgrade on CarMax after an FTC pricing rule and strong Q2 FY2027 earnings boosted the used car retailer, though shares have since pulled back from August highs.

MarketBeat · Oct 20

Woman Buys From CarMax. Then She Goes Through Their Service Department

"My faith in their service is kind of low."

Motor1 · Oct 12

Carnival and CarMax Pop on Strong Earnings, but Challenges Remain

Carnival and CarMax both beat Q3 earnings estimates on Sept. 29, sending shares up 13.41% and nearly 5%, respectively, amid a tough year for consumer discretionary stocks.

MarketBeat · Oct 3

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MarketBeat Week in Review – 09/28 - 10/02

Stocks rallied as a weak jobs report cut October rate-hike odds to 20%. MarketBeat analysts recap the week's top stories on CarMax, Netflix, Apple, Starbucks, Boeing, and more.

MarketBeat · Oct 3

CarMax Just Gave Investors a Better Reason to Believe in the Turnaround

CarMax posted 19.5% revenue growth and an 80% EPS jump in fiscal Q2, plans to resume share buybacks in Q3, and shares rose over 5% as its turnaround strategy shows signs of traction.

MarketBeat · Sep 29

CarMax's quarterly profit, revenue rise as pricing boosts used-car sales

CarMax on Tuesday reported a rise in second-quarter profit and revenue as the used-car retailer leaned on its pricing strategy to drive a rebound in sales. Shares of the company

The Economic Times · Sep 29

CarMax Cuts 145 More Jobs as New CEO Pushes for 'Leaner' Workforce Despite Rising Sales

CarMax cuts 145 corporate jobs, including 60 in Richmond, as CEO Keith Barr pursues a leaner workforce amid rising sales and falling profit.

International Business Times UK · Sep 24

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Woman Goes To CarMax, Figures Out Little-Known Test Drive Feature: ‘Pick Up A TV From Best Buy’

"You use to be able to take the vehicle out for 72 hours."

Motor1 · Sep 21

How Does CarMax Determine Your Trade-In Value?

Wondering why CarMax offered you that trade-in number? Here's what the company looks at before putting a value on your car.

Motor1 · Sep 20

Here's What CarMax Looks For Before Selling You A Used Car

CarMax says every used car passes a 125+ point inspection before hitting the lot, but what does the company actually check?

Motor1 · Sep 19

Bought A Used Car From CarMax? You May Be Able To Return It

Bought a car from CarMax and having second thoughts? Here's what happens when you decide to take it back.

Motor1 · Sep 12

Man Buys Maserati From CarMax On A ‘Green Light’ Deal. Then A Young Driver Steps In: ‘What Would You Do?’

"Once you drive off this lot, it is your car.”

Motor1 · Aug 29

Man Shops For Ford Mustang At CarMax. Then He Sees What They Want For It: ‘These Prices Have Gotten Outrageous’

"Those are credit card interest rates."

Motor1 · Aug 23

Man Spots Used Toyota Camry For $7,000. Then He Sees How Much It Costs At CarMax: ‘Crazy’

"How crazy..."

Motor1 · Aug 15

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Motor1 · Aug 2

Man Goes To CarMax, Sees 2022 Toyota 4Runner With 127K Miles. Then He Sees What They Want: ‘Let’s Not Normalize This’

'How much were they new?'

Motor1 · Jul 30

CarMax Vs Carvana: Which Used-Car Giant Has The Better Return Policy?

CarMax and Carvana both promise an easier way to buy used cars, but their return policies work very differently. Here's how.

Motor1 · Jul 26

Man Goes to CarMax, Sees How Much A 2018 Ford Escape Costs—And Realizes What He Should Buy Instead

"That doesn’t include tax or title or anything."

Barchart · Jul 21

Barclays Just Upgraded CarMax Stock. Here's Why.

CarMax stock extends gains as Barclays lifts rating to Equal Weight. But caution is warranted in playing KMX shares at current levels.

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Motor1 · Jul 10

‘Carvana. Kelley Blue Book. CarMax’: Man Trades Car In. Then The Salesman Shares A Little Known Hack For Getting More Money For It

"That $12k trade-in is worth about..."

MarketBeat · Jun 26

This Single Factor Is Holding Back Carvana’s Disruptive Edge

Carvana’s business model is delivering results, but high interest rates may be limiting upside for CVNA stock despite strong earnings growth

Motor1 · Jun 26

'The CarMax Method Does Work': Man’s Car Has No A/C, Needs A New Transmission And Tires. So He Takes It To CarMax

"Finessed."

MarketBeat · Jun 18

CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge

CarMax is shifting operational focus to drive sales, improve customer satisfaction, and set the course for the next growth phase.

Motor1 · Jun 18

Woman Test-Drives At CarMax. Then They Keep Her There Over 6 Hours: 'So Now I’m Sitting Here Eating My McDonald’s'

"I’m about to walk out of this door."

Barchart · May 20

Activist Investors Are Determined to Turn CarMax Stock Around. How to Play KMX Here.

CarMax stock has been crushed, but Starboard Value’s money is pouring into KMX. Should investors start following the activist investment's money into KMX, or wait on the sidelines?

Motor1 · May 14

Man Gets Online Appraisal From CarMax. Then He Tries To Trade His Nissan For A Hyundai: 'I’ve Seen It Happen So Often'

CarMax is often praised for offering top dollar for vehicle trade-ins. However, a car seller who goes by LongHairCarGuy (@longhaircarguy) on TikTok says that this isn’t always the case. In a recent post he shared online, he recounted a story about a customer who learned the hard way that CarMax's…

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