This was despite the increase in our loan loss provision. Total gross profit was $760 million, up 9% from last year's second quarter. Used retail margin of $479 million increased by 6% with higher volume and relatively flat per-unit margins. Wholesale vehicle margin of $138 million grew b...
CarMax, Carvana, and Vroom all promote a “no-haggle” fixed-price policy for both buying and selling used vehicles. No negotiation is permitted. Intended to simplify and speed up the procedure, one-price targets folks who don’t relish spending hours at a dealership dickering over prices. ...
CarMax customers can browse and select used cars, arrange financing and schedule pickup or delivery from carmax.com. Want more choices when buying a used car. CarMax provides access to an inventory of more than 40,000 vehicles online, along with a 10-day money-back guarantee. Want ...