CarMaxhas around 50,000 used cars to choose fromat any given time. So the chances of finding one that you want to buy are pretty good. CarMax also gives you a full week to drive the car to make sure you like it. If you don’t, you can return it for a full refund. CarMax wi...
CarMax has more than 200 stores nationwide, and during the latest fiscal year sold more than 830,000 used cars and 460,000 wholesale vehicles at its in-store auctions. CarMax is proud to have been recognized for 16 consecutive years as one of the Fortune 100 Best Comp...
Now under new management and reacting to a poor economy, Carmax has resorted to the same cost cutting tactics that give all used car lots bad reputations. Quality used cars are a thing of the past at carmax, all they sell now is pain and frustrations just like everybody else. I am ...
"do others jobs, do unsafe repairs, leads pass defects to get cars out, glue is CarMax friend. install junk yard parts even if they have been in accident, leads have favorites and will throw other under the bus if you stand up to their bullying, managers lie and have favorites, you ...
the United States contained 42,000 used car dealers and 22,000 new car dealers who sold used cars received as trade-ins. Among this field, the average used car dealer generated $2 million a year, a total deemed too small to achieve economies of scale or to apply modern management methods...
You mean, are we thinking that our GPU would come under strain going forward? Is that the question? Chris Pierce--Needham and Company -- Analyst Yeah. It's been -- it's caused to used car dealers more to buy cars in the wholesale market and pricing power is sort of limited right no...
So as far as the alternative delivery, just to remind everybody, alternative delivery is both home delivery, but it’s also express pickup or curbside pickup. That’s still — we’re seeing still — it’s under 10% of overall delivery. And again, that’s a number, while we have rep...
So as far as the alternative delivery, just to remind everybody, alternative delivery is both home delivery, but it's also express pickup or curbside pickup. That's still -- we're seeing still -- it's under 10% of overall delivery. And again, that's a number, while we have report...
In addition to retailing used vehicles, we sell new vehicles at two locations under franchise agreements. Selling us a Vehicle: We have separated the practice of trading in a used vehicle in conjunction with the purchase of another vehicle into two distinct and independent transactions. We ...
Since CarMax sells used cars, it only offers one type of auto loan. Used Auto Loans APR: Not disclosed Loan amounts: $5,000–$100,00 Loan terms: 36–72 months Time to Receive Funds It only takes five minutes or less to get pre-qualified for a CarMax loan, but the company do...