Prices — Carmax Buy Car

: Despite price relief efforts, CarMax rarely offers vehicles under $15,000 to $16,000 , with most inventory starting at $18,000 .

: The company is selectively lowering prices to close the gap with the broader used market, which has directly impacted their gross profit per unit (GPU), falling to $2,115 —a 9% decrease from the previous year. carmax buy car prices

CarMax is currently undergoing a "price reset" to address declining sales and the perception of being overpriced compared to local dealerships. : Despite price relief efforts, CarMax rarely offers

: Retail used-unit sales fell by 8% , while comparable-store sales dropped 1.9% . : Despite price relief efforts